Financing Instruments and Financing Providers

Working Capital, Project Finance, Asset Finance, LCs

Sole Proprietors, Companies, Cooperative societies, Government Institutions.

Depends on the type of client and project type. Key documents include; Business/project write-up including projected financials; KYC papers (certificate of registration, tax clearance, and business license where applicable, previous financials and production records, buyer/farmer contracts if applicable, necessary regulatory permits such as water use rights (if applicable), certificate of maximum liability (CML) for cooperative societies, and others)

Agribusiness

• Farming
• Farm input
• Crop business

• Copy of business license

• Business registration (Formal)
• TIN Number
• NIDA

Purchase of machinery, irrigation equipment

• Running or existing business

• Sales records for the past 12 months

• TADB checklist which includes KYC documents
• Business plan or proposal
• Bank statement for 12 months
• Security documents

To facilitate the purchase of assets or equipment.

• Asset financed can be used as collateral.
• Customer to provide 20-25 percent down-payment
• Financed asset should not be older than 8 years from the year of manufacture

• Copy of business license

1. Certificate of Incorporation, MEMART (if incorporated)
2. TIN (Tax Identification Number)
3. Loan request letter (stating the terms, loan type, amount, and tenure)
4. 12 months bank statement
5. Valid ID i.e. National ID, Voter's ID, passport, Driver's license
6. Audited financial statements