Agriculture Loans

Commercial Agriculture Loan

This is a medium term loan to medium and large scale farmers to assist in purchase of farm machinery, equipment and any other farming and social-development needs. The loan also takes care of financing expansion.
 

Benefits/Features

Eligibility

Pricing

Minimum loan amount of Tshs. 2, 000,000 and maximum depends on ability to repay

Should be an account holder with Equity Bank for at least 3 months

Interest rates of 18% flat

 

Flexible security requirements  e.g. chattels, log books, shares or cash cover, debentures, title deeds, residential license, etc

Registered  business

LACE 2%

Maximum repayment period of 36 months

Permanent business locations

 

 

Repayments negotiated to match the seasonality of proceeds.

Acceptable securities

 

 

Credit Insurance

 

 

 Kilimo Kisasa

This is a loan product specially designed to cater for purchase of modern agricultural tools and equipment such as irrigation equipment, green house tunnels, spraying equipment, milking machines, etc.
 

Benefits/Features

Eligibility

Pricing

Minimum loan amount of Tshs. 500,000 and maximum depends on ability to repay

Should be an account holder with Equity Bank for at least 3 months

Interest rates of 18% flat

 

Flexible security requirements e.g. chattels, log books, shares or cash cover, debentures, title deeds, guarantors, residential license, etc

Registered  business

LACE 2%

Maximum repayment period of 2 years

Permanent business locations

 

 

Repayments negotiated to match the seasonality of proceeds

Acceptable securities

 

 

Credit Insurance

Reliable cash flows

 

  Uvuvi Biashara loan

           Uvuvi biashara loans are granted to fish farmers and those in the fishing business to enable them to purchase fishing equipment, boats, cooling equipment, construction of fish ponds, etc.

       

Benefits

Eligibility

Pricing

Minimum loan amount of Tshs. 100,000 and maximum of Tshs. 50,000,000

Should be an account holder with Equity Bank for at least 3 months

Interest rates of 18% flat

 

Flexible security requirements e.g. chattels, log books, shares, or cash cover, debentures, title deeds, guarantors, etc

Registered  business

LACE 2%

Maximum repayment period of 3 years

Permanent business locations

 

 

Repayments negotiated to match the seasonality of proceeds.

Acceptable securities

 

 

Credit Insurance

Reliable cash flows

 

 

Mifugo Biashara Loan

Mifugo Biashara Loan caters to the pastoralist community and provides loans for traders who purchase livestock from the pastoralists' production groups.
 

Benefits/Features

Eligibility

Pricing

Minimum loan amount of Tshs. 100,000 and maximum of Tshs. 10,000,000

Should be an account holder with Equity Bank for at least 3months

Interest rates of 18% flat

 

Flexible security requirements e.g. chattels, log books, shares or cash cover, debentures, title deeds, guarantors, residential license , etc

Registered  business

LACE 2%

Maximum repayment period of 1 year

Permanent business locations

 

 

Repayments negotiated to match the seasonality of proceeds

Acceptable securities

 

 

Credit Insurance

Reliable cash flows

 

 


Featured Product

feature

Eazzy 247

Advert_NewSite-Eazzy