Is primarily designed for customers who are engaged or want to start engage in agricultural business in the country. The credit requirements for applicants under this loan product are as below:-
Consultancy & Project Management:
- Must be 18 years or older.
- Must have a national identity or voter registration card.
- Must intend to start farming activities/already own a land/is in a farming activity.
- Each client’s business should be able to support loan repayments.
- There will be no discrimination based on applicant's level of education.
- Minimum loan amount: TZS 500,000
- Maximum loan amount: TZS 50,000,000
- The interest rate will be 15% (Added on top of the loan amount)
- The loan duration can be up to 1.5 year