AMFIU | View Institution Details
Institution Name:
Contact Person:
Email:
Telephone:
Office Physical Location:
District:
Number of Branches:
Agric Loan Product Name:
General Product Description:
Here, loans are given to farmers intended to add value to their harvests.Examples include alcohol brewing from bananas and sugar cane and further processes.Also, borrowers may be directly involved in trading in agriculture products and need to ease the business by purchasing motorcycles, boosting labor force and others
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Insurance:
1% Internal loan protection
Deposits Savings:
Minimum Loan Amount:
Maximum Loan Amount:
Loan Process:
Filling a loan application form; attach a land sales agreement or security verifiable by Lc1 chairperson; Appraisal visit by credit officers; Approvals/Recommendations by branch loan committee; Signing loan documents including the loan agreement ;Loan disbursement through member’s active savings account
