Loans offer adequate and timely financial support to farmers to enhance their agricultural activities: Inputs supply, Labor, Farm Equipment, Investments etc.
KES 50,000,000
Be a Tanzanian of more than 18 years old and are cultivating.
Be able to submit collateral, such as livestock, home and business items, house, motor vehicles, etc.
Farmers loans for production aid farmers in improving cultivation practices, higher yields and ultimately increased household income while increasing the export volumes of agriculture products. Payments start soon after Harvesting Max < 12 months.
KES 800,000,000
Atleast two years farm operation experience.
Must be Agribusiness Farming.
Introduction letter from AMCOS leaders, Association or Farmers group.
Certificate of ownership of the land Title deed / (Traditional).
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.
Finance purchase of assets for facilitating agriculture mechanization like tractors, harvesters, planters, irrigation equipment, or technology to increase productivity and value addition.
Up to 75% of the total expected revenue
At least three years actively engaged in the selected agriculture value chains consecutively with a reliable production cycle.
Registered farmer entities or individual farmers guaranteed by their organizations with a mandate to borrow.
Verifiable production and sales data of the agriculture/livestock products for at least three years.
Demonstrated adherence to good governance and management.
Have a well-operated bank account where applicable.
Private companies/ other registered entities supporting smallholder farmers in the selected agriculture value chains.
Other information may be required by the bank during loan appraisal.
A. Farmers:
Introduction letter from AMCOS leaders, Association or Farmers group.
Certificate of ownership of the land Title deed/ (Traditional).
Cover all costs related to agriculture production such as preparation of farms, purchase of seeds, fertilizer, labour, fuel, hiring of agriculture equipment, and other agriculture inputs necessary for increasing agriculture productivity.
Up to <50% of the total expected revenue.
At least three years actively engaged in the selected agriculture value chains consecutively with a reliable production cycle.
Registered farmer entities or individual farmers guaranteed by their organization with a mandate to borrow.
Verifiable production and sales data of the agriculture/livestock products for at least three years.
Demonstrated adherence to good governance and management.
Have a well-operated bank account where applicable.
Other information may be required by the bank during loan appraisal.
A. Farmers:
Introduction letter from AMCOS leaders, Association or Farmers group.
Certificate of ownership of the land Title deed/ (Traditional).
This loan was designed to boost farming projects and/or the value chain, expand production and supply for more profit by partnering with Maendeleo Bank
Farming with experience of at least two seasons.
Should have business records or transactions receipts.
Holder Maendeleo Bank account.
Introduction letter from village officer.
Identity card (voter / National ID).
Bank statement for 12 Months.
Certificate of registration.
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Regional Revolving Fund (RRF) for individuals and group loans.
Aims to promote and support SMEs by creating enabling environment for them to access finance from Commercial Banks with minimal collateral
KES 6,500,000
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.
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