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 aimed at financing farmers dealing in rearing and selling of Rabbits Average loans ranging from 1,000,000 to 3,000,000 are given to selected capable clients for a period ranging from 6 months to 12 months
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 (kept by the institution)
Deposits Savings:
Minimum Loan Amount:
Maximum Loan Amount:
Loan Process:
The member/client goes through the following process to access the loan: 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
