Agricultural loans
Targeted Clients:
Agricultural Based Microfinance Institutions.
Product Benefits:
- Sufficient amount is offered: The Bank offers MFI loans to cover actual demand of members and their actual production costs and per MFI’s credit policies.
- Disbursement is as required: Loans will be disbursed as per schedule of farming activities:
- Fixed repayment instalment: MFI customers repay their loans in fixed amounts at the end of season after sale of farm produce.
- Flexible repayment period: Repayment period is flexible matching the type of loan to the business cash cycle.
- Availability of Grace Period: Grace period will be applicable where necessary.
- Easy requirements: Requirements for MFI to get a loan are simplified and easy to be fulfilled.
- Convenience: Repayment may be through a single repayment after harvest.
Eligibility Criteria:
Bank affiliate MFI offering Agricultural loans to its clients.
For more information, contact a nearest CRDB Bank branch
Last Updated: Tuesday, 01 June, 2010