Financing Instruments & Financing Providers

Warehouse receipt loans are given to registered farmer groups, individual farmers, commodity traders and businessmen. The funding is based on commodities stocked in the bank’s controlled and authorized warehouse after submission of a warehouse receipt. The bank holds the crops stored in the warehouse until buyers pay for the crops they purchased

• A year old registered and licensed existing business.
• Business premises.
• NMB Bank account  holder or provide a printed bank statement for a non-NMB Bank account holder.

• Loan application letter.
• Memorandum of Association/Articles of Association (for companies).
• Certificate of Registration / Certificate of Incorporation (for companies).
• Financial statements for at least three years (for companies).
• Crop business license.
• Board Resolution to Borrow (for companies).
• Recent filed returns with Register of Companies (for companies).
• Security of the loan (if pre-finance is required).
• Certificate of maximum liability from Registrar of Cooperatives (for cooperatives).
• Minutes of the AGM approving to apply for the loan for Cooperatives (for cooperatives).
• The minimum crop volume to qualify for WRS finance is 50mTZS.
• Realistic crop procurement plan and cash flow projections.

Short- to medium-term funding to finance the purchase of moveable assets, such as motor vehicles, for business.

• Be 18 years or older.
• Tanzanian citizen with permanent resident or a foreign with a work permit.
• Have current account with Stanbic bank and bank statements for the recent 6 months.

• Application form.
• Bank statement.
• Business plan.
• Business registration documents.

To empower young entrepreneurs.

Business

Traders & Processors loan, for working capital to expand business operations, also for purchase capital items

• Client with Active Bank.
• Account with Access Bank Tanzania for at least three months and from other Banks for at least one year.
• Valid Business.
• Cash flow.

• Certificate of Incorparation.
• Compliance certificates such as, Tax clearance.
• TIN, VAT, Business Licence.
• Required collateral

Team loan for Agribusiness, crop business for buying crops and selling crops.

• Risk assesment.
• lender Marketing.
• Business security.
• Business plan.
• Lender cash flow.

• Certificate of Incorparation.
• Compliance certificates such as Tax clearance.
• TIN, VAT, Business Licence.
• Business plan.
• Identity Card.
• Required collateral.

Secured loans pre-export loan for crops i.e. cashew nuts, tea, and coffee

• Start up working capital.
• Cash flow and income of lenders (higher business cash flow and income the better chance of fund.
• Age of business at least two years experience in the business.

• Certificate of Incorporation, Business registration or Compliance certificates.
• Tax clearance, TIN or VAT number.
• Business license.
• Business plan.
• Identity Card.
• Board resolution / letter.
• Required collateral.

Traders loan, Team loan for working capital and expanding business operations, also for purchase of capital items

• Start up working capital.
• Cash flow and income of lenders( higher a business cash flow and income the better chance of fund.
• Age of business at least two experienced on business industy.
• Bank should know there customers.

• Introduction letter from AMCOS leaders, Association or Farmers group.
• Certificate of ownership of the land Title deed / (Traditional).
• business license.
• Voter Identity card / National identity card.
• Business Plan.
• Current credit flow.
• Required collateral.

Non-secured loans are available to individuals in groups of 5 members to 40 members doing businesses in the same locality.

• No, conversional security is required loan tenure of 4 months to a maxmimum of 12 months.
• Be in a group with 5 members.
• Have operational business runnning at least for 6 months.
• Have identification documents (Borrower's documents).

• Have identification documents (borrowers documents). 
• Deposit savings to operational account.

Over draft (Business loan) for working capital and expanding business operations, also for purchase of capital items

Loan for agribusiness production

• Applicants must be at least 18 years old.
• At least three year's experience in operating same or similar business.
• Business bust have a steady cash flow, Business licence from authorities in his or her own name.

• Introduction letter from village officer.
• Identity card (voter / National ID).
• Bank statement for 12 months.
• Certificate of registration.

Women are incredible financial managers. They can manage businesses better when empowered. Malkia Proposition specifically targets female entrepreneurs and professional women to assist them to build sustainable businesses and careers by providing them with conception interest rates, effortless requirements, and trouble-free Terms and Conditions.

https://crdbbank.co.tz/en/product/business/Borrow/21

Flexible interest rates

Quick processing to help you meet your deadlines

• Tanzanian citizens only, aged between 18 to 60 years old
• SMEs engaged in trading activities and are operating a current account with the bank for the past 12 months.
• Sole Proprietorship/Partnership duly registered
• Limited liability companies duly incorporated
• Applicable to SMEs that have a credit turnover in the current account of TZS 120 million per annum from the date of application out of which at least TZS 60 million in the last six months
• At least three years' experience in operating the same or similar business
• Business should have stable cash flows to meet the monthly obligations of the business
• Applicants must have a proper accounting system and also shows the capability of operating the business profitably.
• Applicants must have a premise (owned or rented)

SME Impact Fund provides loans, skills and knowledge to small and medium-size enterprises (SMEs) in agricultural value chains. By connecting smallholder farmers and agribusiness SMEs, we strengthen links between small rural entrepreneurs and regional, national and export markets. This way we increase sustainable employment, income and develop a value chain that adds value. SME Impact Fund is an initiative of Match Maker Group.

• Crop Finance - to purchase raw materials, agricultural or other seasonal products during the harvest period.
• Input Finance - to assist your suppliers with agricultural inputs such as seeds, fertilizers and pesticides, particularly those under contract farming arrangement.
• Company Investment Finance - to invest in your factory and expand your processing capacity.
• Farm Investment Finance - to finance your suppliers to invest in their farm, i.e. purchase of land preparation equipment (ploughs, irrigation, hand tools etc.) or different processing equipment. 

• You are a duly registered company in Tanzania.
• Your company processes or trades agricultural commodities.
• Your annual turnover exceeds TZS 200 million annually.
• You work in close cooperation with your suppliers.
• You are trustworthy and willing to share your financial data with the Fund.
• You are able to provide tangible securities for the loan.

Women are incredible financial managers. They can manage businesses better when empowered. Malkia Proposition specifically targets female entrepreneurs and professional women to assist them to build sustainable businesses and careers by providing them conception interest rates, effortless requirements, and trouble-free Terms and Conditions.

• Women with registered or unregistered business
• The borrower must be a woman age 18 to 70 years
• Must have an existing business for at least for 6 Months
• Must own business at least by 50% or more
• Must be active in business not merely having a share

What are the required business documents?

Registered

• Business License
• Tin Certificate

Unregistered 

• Machinga ID
• Soko letter
• Local business permits

Aims to promote and support SMEs by creating enabling environment for them to access finance from Commercial Banks with minimal collateral

• The project must be viable dealing with Agro processing and Agri business including Poultry/Livestock Keeping (Both Working Capital and Investment).
• Growth oriented SMEs who have successfully graduated from SIDO financing program such as National Enterpreneurship Development Fund (NEDF) and Regional Revolving Fund (RRF) with good records and SMEs offered with other SIDO Services/Programs.
• Borrowers must be ready to provide Collaterals apart from guarantee.
• Borrowers must be an adult Citizen of Tanzania residing in the pilot regions.
• Project to be financed must be legally registered.
•  The borrowing Enterpreneurs must possess or ready to open a valid bank account at CRDB Bank.

• National Identity card.
• Document seeking for project must be legal.
• Place for residence with local authorities and must be known by local leaders.

To improve the access of the rural poor to financial services through Capacity building, credit fund with technical assistance

• National Identity card.
• Document seeking for project must be legal.
• Place of residence with local authorities and must be known by local leaders.