Jamhuri ya Muungano wa Tanzania

Mfuko wa Pembejeo

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Mkulima Nafuu Loan

Mkulima Nafuu Loan

This loan is intended for youth and women aged 18-40 years, who have no formal collateral and credit history to finance value addition, irrigation, inputs, farming and storage facilities projects. Loan interest rate is 4.5% per annum and loan tenure is up to 36 months.

Specific sub products in financing farming activities (product nitche).

    1. Matango
    2. Nyanya
    3. Pilipili hoho
    4. Pilipili mwendokasi
    5. Mahindi mabichi
    6. Matikiti
    7. Vitunguu maji
    8. Bilinganya/bamia/nyanya chungu
    9. Ufuta
    10. Alizeti
    11. Mpunga.

 

 

 

General requirement for each applicant:

 

  1. Application form duly signed by LGA
  2. Business plan
  3. Introduction letter from local leader (place of residence)- VEO, MEO
  4. Introduction letter from local leader (project area) – VEO, MEO
  5. Copy of profoma invoice (where applicable)
  6.  Evidence of farm land ownership.
  7. Tax Identification Number (TIN)
  8. National Identification Authority (NIDA)

Note: Other requirements  will depend on type of loan applicant(refer loan application form)