This loan targets medium and large-scale farmers dealing in any aspect of farming, from large-scale agricultural based foundations to medium and large-scale agricultural traders and processors. To finance bulk purchase of farm inputs (seeds, fertilizer, and chemicals), lease payment, purchase agricultural land, borehole sinking, livestock purchase, biogas plant construction, and farm houses.
Active Equity Bank account holder.
Demonstrate loan repayment ability.
One-year experience in commercial farming or one successful production cycle.
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.
Provide documentary evidence of farm ownership to be used for production or a valid lease agreement covering at least two future production cycles.
The farming project to be financed must be within a radius of 50km from the Bank branch and easily accessible to the Bank officials.
Provide conventional security to cover the loan.
Equity Bank account statement.
Farm ownership title or a valid lease agreement covering at least two future production cycles.
Conventional security documents e.g. Title, log books etc.
Finance youth to establish Food and Agriculture related businesses (Target youth include professional graduates in F & A related technical courses at TVET, Diploma, Bachelor’s and Master’s Degree level)
KES 1,000,000
Be a graduate from a recognized Food & Agriculture related training institution.
Be interested in establishing a business entity in line of the training specialization and background.
Be active account holders or be willing to open and operate an account with Equity Bank (K) Ltd.
Demonstrate ability to run viable and bankable project preferably based on the academic projects presented to the relevant department at attaining the training certification of the borrower.
Be trained or willing to be trained on Financial Literacy, Entrepreneurship and Digital Literacy by Equity Group Foundation. The Borrower’s project must be of commercial nature.
Own cash contribution of at least 10% of the total project cost as part of the capex.
Valid lease agreement of the property/premises to be used for the business and/or formal confirmation of the parent /guardian’s property allocation.
Provide signed contracts to purchase the produce/products from proposed buyers.
Graduate certificate from a Food & Agriculture related training institution.
Bank account statement
Valid lease agreement of the property/premises to be used for the business and/or formal confirmation of the parent /guardian’s property allocation.
Provide signed contracts to purchase the produce/products from proposed buyers.
Finance working capital and operational needs of value chain players in the business of manufacturing, stocking, importing, exporting and selling agricultural inputs and equipment.
Bank account holder.
Document the loan purpose - working capital and operational needs.
Demonstrable ability to repay the loan.
Posses relevant business licenses, such as License by KEPHIS (Kenya Plant Health Inspectorate Service) and PCPB (Pest Control Products Board) for stockists already in Agri-business (business existence of 1 year).
Bank statements.
Business licenses, such as License by KEPHIS (Kenya Plant Health Inspectorate Service) and PCPB (Pest Control Products Board) for stockists already in Agri-business (business existence of 1 year).
Facilitate farm developments such as construction of farm houses, zero grazing yards and biogas plants; purchasing of motor vehicles and land etc. and to meet social development needs.
KES 1,000,000
Targets farmers operating monthly remittance accounts with Equity Bank i.e. tea and dairy farmers.
Equity Bank account holders for a minimum period of three (3) months
At least one-month remittance through the Equity Bank account and to provide a three (3) years account statement from your previous bankers.
Demonstrable ability to repay the loan.
Three most recent payslips.
Documentary evidence of farm ownership or a valid lease agreement covering at least two future seasons.
Present evidence of the subject to be financed such as pro forma invoices, bills of quantity etc
Equity Bank account statement
Three most recent payslips.
Land Title or a valid lease agreement covering at least two future seasons.
Present evidence of the subject to be financed such as pro forma invoices, bills of quantity etc.
A short term credit facility to finance production inputs and associated costs to medium and large scale Seed Grower Farmers.
An active Equity Bank account holder or willing to open and operate an account with Equity Bank (K) Ltd.
Demonstrate ability to repay.
At least one-year experience in commercial seed growing, 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.).
At least 2 acres of seed production land.
Ability to contribute 30% of the total production cost (either cash or in kind).
Documentary evidence of farm ownership or a valid lease agreement covering at least one future production cycle.
Provide signed seed production contract with the contracting company.
Equity Bank statement
Past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.
Commitment to contribute 30% of the total production cost (either cash or in kind).
Title deed or a valid lease agreement covering at least one future production cycle (at least 2 acres)
Signed seed production contract with the contracting company.
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