Agricultural Loans- “Boresha Kilimo”
“Boresha Kilimo”
Are you into farming tea, Coffee Dairy etc ? Our Agricultural Loans aim to support farmers who make farming their business, to grow and improve their operations.
Features & Requirements
- The loan term is based on type & purpose to a maximum of 3 years.
- Proof of produce: your agricultural income flows through your savings account.
- A duly completed loan application form.
- Maximum Loans shall be 4 times a member’s deposits.
- Signed recovery at source standing instructions verified and countersigned by the produce handler. (i.e. Factory, society, self-help, marketer, etc.)
- Security: member deposits, guarantors, other collateral e.g. chattels, logbooks, title deeds, insured livestock.