Agriculture Loan
Agriculture is at the heart of our financial services, with over 50% of our members engaged in the sector. We support a wide range of agricultural ventures including crop farming (such as coffee, bananas, grains, legumes, and vegetables) and livestock farming (including dairy, goats, pigs, poultry, fish farming, and beekeeping). Our Agricultural Loan is designed to boost production, increase food security, and improve livelihoods.
Requirements
- Loan amount ranges from Ugshs. 100,000 to 150,000,000.
- Loan period: Monthly repayment not exceeding 24 months or quarterly repayment not exceeding 8 quarters.
- Grace period of up to 6 months (interest must still be paid monthly during this period).
- Interest rate of 2.8% on a declining balance.
- Affordable collateral accepted: Livestock, Land titles, or Land Sale Agreements.
