Agricultural Loan
This is our loan facility designed to support farmers, agribusinesses, and agricultural projects. It provides funds for purchasing farm equipment, seeds, fertilizers, livestock, and other farming essentials
Features
- A grace period on need basis
- Interest rate of 2% per month
Benefits
- Often aligned with farming seasons to ease financial pressure, hence flexible
- Helps farmers buy land, machinery, and irrigation systems
- Supports expansion and modernization of farming operations
- Funds can be used for purchasing and maintaining livestoc
- Helps cover operational expenses during off-seasons
Covers
- Poultry
- Animal rearing
- Agricultural products
- Value addition
Requirements
- Borrowers must have savings of at least 10% the loan request
- Processing and insurance 4%
Explore more:
Loans
We offer a variety of loan options to help our members finance their personal and business needs.
Savings Account
Our savings accounts are designed to help our members save money for the future.
Shares
The SACCO provides shares avenues for members to venture into at an individual level.