Agribusiness Loan

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Loan Purpose

These are loans designed to benefit agri-business traders. It is meant to provide start-up capital for those seeking to start, or are engaged in agricultural microenterprises. There exist huge opportunities for the youth in agricultural micro and small medium enterprises across the value chain. Thus, beneficiaries of this loan facility will engage in wealth creation and for those unemployed, resolve their unemployment challenges.

Loan Specification

  • Items Financed

    Traders, Transporters, Marketers and Processors farm produce.

  • Features

    Designed for individual & groups
    Repayment period up to 3years
    Interest rate is 15% per annum

  • Requirements/Eligibility

    Viability of the business
    Tangible security for the loan
    20 % equity contribution towards the project.