Get a farming loan in Kenya-Best low interest farming loan in kenya, Nairobi (1%)
Do you have a farming business that you would like to grow? At Rise and Grow we offer affordable and flexible loans to farmers who want to succeed in the Agricultural sector. The main objective of our small scale farming loan is to help finance the purchase of farm machinery and inputs such as fertilizers, chemicals, certified seeds and cater costs for harvesting / hiring labour.
Features of this loan
1. Loan amount can be disbursed from Ksh. 5,000 to Kshs. 500,000
2. Easy/ flexible repayment period of up to 2 years.
3. You must have been a member of RG Sacco for 3 months and you have saved 1/3 of the amount of the loan that you intend to borrow.
4. Low interest rates of 1 percent per month is charged
Requirements
1. You must be an active member of RG Sacco and you must have saved with us for at least 3 months. (you can save as little as 50/- per day via M-pesa)
2. You must demonstrate the ability to repay back your loan.
3. Be a commercial farmer with at least some experience in farming.
4. You must clearly demonstrate how you will repay back the loan in case of crop failure due to adverse weather, loss of harvest and theft.
5. 5. You must have some understanding of the market for the goods, products and farm machinery being financed.
To register with us, visit our registration page and learn how you can get funding from our organization.