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EQUIPMENTS LOAN

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.


Loan Features:

- 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




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