Corporate Banking | emergent farmer

Zambia emmergent Farmer Credit Facility

 

 

Zambia Emergent Farmer Credit is a facility aimed at assisting emerging farmers improve their farm productivity, access to finance and building a new class of farmers.

 

Product Features

Seasonal overdrafts to fiancé crop inputs of about 5-10 months.

Medium term loans to finance agricultural equipment and infrastructure for 3-6 years

Minimum loan size of $10,000 or kwacha equivalent

Minimum loan size of $150,000 or kwacha equivalent

All borrowings are subject to a facility arrangement fee

Lendings are available on both dollar and kwacha

Interest rates are floating and are subject to change

Farms are subject to valuation

Loans are subject to the general terms and conditions of Zanaco

Criteria used on issuance of loans

Proven entrepreneurial skills

Title to land

Minimum farming sizes and assets

10-50 ha arable land

Record of farm performance of less than three years

Good business proposal concept

Minimum equity contribution

* Please note that assessments will be on individual merits.

 

Your benefits

Easy and flexible access to loans enabling you improve production.

You will be a part of a large agriculture farming network such as Rabo bank through Zanaco.

You will have the opportunity to work with efficient, friendly, motivated supportive and helpful Zanaco staff.

You will receive free financial advise which will enable you run your farming business more efficiently.

 

 

This project is supported by:
IFC: The International Finance Corporation is the private sector arm of the World Bank Group whose mission is to promote private sector investment in emerging economies as a way to help reduce poverty and improve people's lives.

Zambia National Farmers Union: They help promote and safe guard the interest of our members in order to achieve sustainable economic and social development.

Rabobank: A prime lender to the world's food and agriculture industry, and remains true to it's core mission of creating value for its customers, it's employees and the communities in which it does business.