Agricultural Loan

Loans designed to primarily finance business activities in the agricultural sector like crop and animal production (diary, poultry and piggery projects), fishing and fish farming, bee keeping as well as food processing i.e. grinding mills, oil mills and hullers. The loan period is dependent on the nature and season of the agricultural activity to be financed.

Basic Requirements:

• Savings or Current account with the Bank.
• Applicant must not be having more than one loan with the Bank at time of application.
• Project undertaken must be an agricultural activity.
• Business project must have a minimum of 2 production seasons.
• Applicant must be resident within the branch designated area of operation.
• Applicant must be owner or tenant of the land on which he/she operates.
• Securities include land titles, unregistered land or moveable assets like cows, goats, sheep, household property or business equipment and tools.
• Application fee of UShs. 5,000.