Loan description and purpose
This loan is intended for Individual farmers, registered groups and companies, SACCOS and AMCOS dealing with agriculture. The purpose of this loan is to finance agricultural activities such as crop cultivation, farm operations, value addition and packaging, agricultural inputs, small farm machineries and implements, farm structure for, irrigation/ livestock, poultry, horticulture, storage facilities such as domestic silos and modern vihenge. Loan interest rate is 7% per annum, and loan tenure is up to 36 months.
Minimum requirement for power tiller and Packaging and processing machine.
Packaging and processing machine
agreement exceeding loan tenure.