Seed Production Loan

Great features

1. Minimum amount of kes 50,000 with maximum being client’s ability to pay.
2. Maximum repayment period of 12 months based on crop cycles.

What you require to sign up

• Be active account holders with Equity Bank or willing to open and operate an account with Equity Bank (K) Ltd.
• Demonstrate ability to repay.
• Must be in commercial seed growing, with experience of at least one (1) year or one successful production cycle (this need to be evidenced by proof of the past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.).
• The area of production must be of at least 2 acres.
• Able to contribute 30% of the total production cost either in cash or in kind.
• Provide documentary evidence of ownership of farm to be used for production or a valid lease agreement covering at least one future production cycle.
• Provide signed seed production with the contracting company.

Why you should sign up for this product

• Affordable interest rates.
• Fast processing and disbursement.

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.