AMFIU | View Institution Details
Institution Name:
Contact Person:
Email:
Telephone:
Office Physical Location:
District:
Number of Branches:
Agric Loan Product Name:
General Product Description:
This loan is specially tailored for farmers with small and medium enterprises involved in capital intensive agricultural activities along the value chain from production to marketing. This loan facilitates the acquisition of farm land, farm houses, agricultural machinery and storage facilities.
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Group guarantee for members in a group and land verifiable by LC 1 for non-group members.
Insurance:
1.5%
Deposits Savings:
Minimum Loan Amount:
Maximum Loan Amount:
Loan Process:
Client go through the following processes to Access a loan. Client opens a loan repayment Account.; Fills in application form.; Appraisal visit by credit officer.; Approval by loans committee.; Signing of Offer letter.;Disbursement through loan repayment Account.
