Equipment Loans
Targeted Clients:
Agricultural Based Microfinance Institutions.
Product Benefits:
- Sufficient amount is offered: The Bank offers MFI loans to cover actual costs of purchase of equipment and other necessary costs such as insurance.
- Fixed repayment instalment: Borrower repays the loans in equal monthly instalments.
- 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.
Eligibility Criteria:
Bank affiliate MFI, which has demand for the particular equipment and with governing policy and procedure for the product.
For more information, contact a nearest CRDB Bank branch
Last Updated: Tuesday, 01 June, 2010