Farm Inputs Loan

Individuals involved in small holder farming aged 18-75 years and are looking for inputs
like fertiliser, seeds and chemicals. these loans also cater for groups of 5 – 10 both men and women aged 18 – 75 years already in business with very small capital bases (informal businesses)

Group Application Requirements

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National IDs for all members
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Group constitution
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Group photo
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Cross-guarantorship
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Leadership committee 
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Group guarantor-ship 
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Maximum radius of 5km 
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Proof of farmland
acreage. 
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Sketch map (To leader’s residences, to meeting place- must be a home of one of leader
Proof of farmland acreage.

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Letter from local leader 
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Individual Application Requirements

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National IDs
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Bank statements 
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Guarantors letter and his/her National ID

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Physical Collateral 
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Business Profile/records 
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Business Registration 
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Spouse consent letter where applicable

Memorandum and Articles of Association for private limited companies

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Passport Sized Photo (Colour) 
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Proof of farmland acreage
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Sketch map (To leader’s residences, to meeting place- must be a home of one of leader
Proof of farmland acreage

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Letter from local leader 
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THRESHOLDS

Individual: Min: MK5,000,000
Max: MK30,000,000

Group:1st Time borrowers
K250,000 to
K10,000,000
▪ 2nd Time borrowers
K10,000,001 to
K20,000,000
▪ 3rd Time borrowers
K20,000,001 to
K30,000,0000

REPAYMENT PERIOD

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3 to 12 Months
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Grace period depends on crop being produced

TARIFFS AND INTEREST

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 Processing fee: 5.0%
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Insurance:1%
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Interest: 4.0% pm 
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TURN AROUND TIME

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21 Working Days
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