AMFIU | View Institution Details
Institution Name:
Contact Person:
Email:
Telephone:
Office Physical Location:
District:
Number of Branches:
Agric Loan Product Name:
General Product Description:
Smallholder farmers are given loans in the form of hybrid seeds, fertilizers, and farm inputs.
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Core group guarantee, farm inputs, and land title or land sales agreements
Insurance:
1% insurance
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 an introduction letter from the Local Council 1 Chairman ;Recommendation from core group members; Appraisal visit by the Loans Officer; Approval by the Management or Loans Committee; Guarantee agreements, signed by core group members; Signing of loan agreement; Disbursement
