Farm Equipment Loan

Our Farm Equipment Loan allows farmers to purchase small value equipment.

Product Features

Loan period for working capital purpose is up to a maximum 24 months but development/investment may exceed 24 months.

Read More  

No principal loan repayments during the grace period except for the interest where cash flows allows.

Read More  

Repayable through equal installment payments whose amounts are dependent on the projected cash flow of the agricultural activity

Read More  

Irregular payments can be structured basing on the cash flows

Read More  

Interest charged on reducing balance

Read More  

Minimum loan amount UShs. 100,000

Read More  

Payments from other sources of income are allowed

Read More  

Maximum loan amount of up to UShs 8 Billion.

Read More  

Requirements

Current or Savings Bank account

Completed loan application form

Payment of loan processing fee

Financial card

Project undertaken must be an activity in the agricultural value chain

Experience in project being undertaken

Business project must be profitable

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 can be mortgaged on titled or unregistered land, moveable assets like cows, goats, sheep, mortgaged household property or business equipment and tools

We need your consent.

We would like to use cookies to provide you with the best possible experience.
By clicking on "Accept All" you consent to our use of cookies.
For more information, refer to our cookie policy and privacy policy.