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.
Industrial & Commercial Development Corporation (ICDC)
This facility enables formation of partnerships between ICDC and one or more parties through creation of a new entity to undertake a specific economic activity for an agreed period of time. The Maximum ICDC shareholding is 35%
A detailed Business Plan or Feasibility Study
Letter of offer to ICDC for an equity stake in the company/business
Executed Board Resolution for the offer
Certificate of Incorporation, Memorandum and Articles of Association
Industrial & Commercial Development Corporation (ICDC)
The product enables ICDC to finance companies which have a strong growth potential and a demonstrated ability to earn solid profit margins but lack security to offer for a loan. The product therefore has both debt and equity features. Maximum ICDC shareholding: 35%
A detailed Business Plan or Feasibility Study
Letter of offer to ICDC for an equity stake in the company/business
Executed Board Resolution for the offer
Certificate of Incorporation, Memorandum and Articles of Association
We focus on financing for agricultural businesses, cooperatives and related enterprises
Years in Operation: 3 years of business operations. We focus on financing for agricultural businesses, cooperatives and related enterprises. We do not lend directly to individual farms.
Minimum Annual Revenue: $250,000
Location: Must be legally established in one of Root Capital’s lending countries within Africa, Latin America, or Southeast Asia (see sidebar).
Documentation: Must present audited or management-prepared financial statements from the past three years.
Products & Services: Must be active in one or more of our focus industries: coffee, cocoa, honey, tree nuts, vanilla, grains, oilseeds, and other staple crops.
Commercial Relationships: Must have strong relationships with established buyers and at least two professional references.
Provides accessible and efficient trade finance loans up to 70% of the value of export contracts that enables agricultural exporters to pay their farmers upon delivery of their produce.
KES 330,000,000
Financially and commercially sustainable
Size of the enterprise: minimum annual exports of USD 800,000 or the equivalent in Euros
Minimum annual turnover of USD 1,000,000 or the equivalent in Euros
Three years of track record in export
Sustainability certification (such as organic, fair trade, Utz, and Rainforest) or a conversion plan in place.
Applicant must have operated account satisfactorily with CBL for a minimum period of 6 months channelling their cash flow through the account
Applicant must have operated account with CBL satisfactorily for at least 2 months and have a record of satisfactory account record with another bank over a minimum period of 6 months.
Applicant must have no existing non-performing account as demonstrated in their credit bureau report, accounts statements and records with CBL.
Completed loan application form with required documents attached.
Copies of last 12 months bank statements from banks other than CBL.
Must have an account with CBL for at least 2 months.
KYC Documents : National ID, KRA Pin, Certificates of Business Registration etc.
Applicant must have operated account satisfactorily with CBL for a minimum period of 6 months channelling their cash flow through the account.
Applicant must have operated account with CBL satisfactorily for at least 2 months and have a record of satisfactory account record with another bank over a minimum period of 6 months.
Applicant must have no existing non-performing account as demonstrated in their credit bureau report, accounts statements and records with CBL.
Completed loan application form with required documents attached.
Copies of last 6-12 months bank statements from banks other than CBL.
Must have a transactional account with CBL for at least 2 months.
KYC Documents : National ID, KRA Pin, Certificates of Business Registration etc.
We offer tailor-made solutions for persons seeking to acquire, construct and finance property in major urban and rural areas within major towns in Kenya. These properties may be for owner-occupation or investment. Own your own home today at 11.9% per annum on reducing balance, with the interest rate fixed for the first 3 years. Interest Rate offer valid up to 31st October 2022.
When your business has purchase orders and award letters from reliable and established customers to deliver goods, services or contractual works, we give you all the help you need through our LPOB financing solution.
Registered company
GAB account holder
> 6 months in operations
Limited Companies - Memorandum & Articles of Association, Certificate of Incorporation, Latest annual returns and filing receipts
Working capital and asset financing targeting Smallholder farmers in Tea, Dairy, Livestock and horticulture as well as traders in the agribusiness value chain.
KES 5,000,000
Farmers with at least 2 years in the financed agricultural activity.
For Tea and Dairy farmers; produce deliveries must be to marketers with MOU with the bank.
The Financing Gateway provides you with a free listing of the many financing instruments available for MSMEs. It enables you to filter the instruments that match your needs and click through to the –financing provider’s Internet pages or Contact agent details to find out more and apply.
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