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 that is aimed at financing the construction of farm water wells, tanks and dams and also improving on the existing structures at the farm. This is purposely to provide clean water to the dairy animals
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Land 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 security 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