AMFIU | View Institution Details
Institution Name:
Contact Person:
Email:
Telephone:
Office Physical Location:
District:
Number of Branches:
Agric Loan Product Name:
General Product Description:
An agricultural loan product aimed at financing Fish farmers. These farmers dig and own fish ponds in which they grow different types of fish. They sell their fish harvested from their ponds to different markets within the area and other market places.
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Land Sales Agreement certified by the LC1 Chairman
Insurance:
1% of loan amount
Deposits Savings:
Minimum Loan Amount:
Maximum Loan Amount:
Loan Process:
Fill in an application form; Get a recommendation letter from the Local Council 1 Chairman; Appraisal visit by the Loans Officer; Approval by the Management or Loans Committee; Signing of loan agreement; Disbursement through the savings account
