Agro Loans

Description

It is designed to cater to the farming needs of crop farmers, poultry farmers and animal husbandry farmers.

Features

  • The loan amount is dependent on the ability and capacity to repay.
  • Competitive interest rate
  • Flexible repayment terms

Requirements

  • Resolution to borrow (in the case of an association)
  • Application letter for a loan
  • Valid national identification of authorised signatories to the account
  • One passport-sized photograph of authorised signatories to the account
  • Provision of all relevant documents to be used as collateral for the loan amount

Benefits

  • Expansion of farm inputs
  • Augment working capital needs