Commercial Agriculture Loan

Great features

Finances medium and large investments across the whole Agriculture Value Chain including; -

• Medium and large-scale farmers across various kinds of farming;
• Agricultural-based organizations
• Medium and Large Agricultural traders
• Agro-processors, Agro Exporters & Importers.
• Repayment period of up to 10 years

What you require to sign up

1. Be an active account holder with Equity Bank.
2. Demonstrate ability to repay the loan.
3. You should already be in commercial farming with one year experience or one successful production cycle.
4. You need to clearly demonstrate the existence of other sources of income that could be used in repayment of the loan in case of crop failure, loss of harvest and/or poor marketing due to adverse weather and/or any other factors.
5. Provide documentary evidence of ownership of farm to be used for production or a valid lease agreement covering at least two future production cycles.
6. The farming project to be financed must be within a radius of 50km from the Bank branch and easily accessible to the Bank officials.
7. You should be able and willing to provide conventional security to cover the loan.

How to get this loan

• Visit your nearest Equity Bank branch
• Fill in and submit the loan application form to the bank
• The loan application is appraised.
• Upon approval an offer letter will be issued.
• Accepts the loan and returns offer letter and meet sanction conditions.
• The loan is disbursed.

Why you should sign up for this product

1. With this loan you may finance bulk purchase of farm inputs such as certified seeds, fertilizers and chemicals.
2. This loan can be used to pay for lease or for purchase of additional agricultural land, sinking of bore holes, buying of hybrid livestock, construction of biogas plants and farm houses, and to support any other agribusiness or social development
3. Negotiated Insurance premiums
4. Flexible security requirements
5. Repayments matched to crop cycle or income patterns

Complaints Handling Process

• Lodge complaint at any of our branches, via call center, info@equitybank.co.ke or website: https://equitygroupholdings.com/ke/ We will record your feedback and issue you with a reference number.
• We will acknowledge you feedback within 48hours.
• If we cannot resolve the complaint immediately, we will advise on the next cause of action and when to expect feedback from us.
• We will endeavor to resolve the complaint within 7 working days. However, should we require more time to it, we will keep you updated with progress every 7 days until the complaint is resolved.
• Should the resolution not meet your satisfaction, feel free to get back to us with your concerns and we will review the issue and resolution and revert back to you.

Rights and Obligations

• T & Cs of loan facility are detailed on the offer letter.
• Customer data privacy policy is included in the offer letter.
• The rights and obligations of the borrower are detailed in the offer letter.