Do you need to purchase farm inputs such as fertilizers, chemicals, machinery hiring, labor and harvesting costs? All you need is to have made share contributions for a period of six months to qualify!
This loan is for farming purposes.
Max amount is up to 4 times the savings
Maximum repayment period is 36 months
Minimum Sacco membership is 6 months
Interest rate is 12% -13% p.a reducing balance
Processing fee is 1.5%, Insurance 0.7% p.a
Security – own shares and guarantors
wnload the pdf file of latest update for this service.
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