Financing Instruments and Financing Providers

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)

• Farming
• Farm input
• Crop business

• Business registration (Formal)
• TIN Number
• NIDA

• Running or existing business

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

• 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

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