Great features
- Loan amounts granted are between KSh5,000 and KSh100,000.
- The repayment period is set at 1 year, or the crop production period/cycle; whichever is shorter.
- This product does not finance land leasing. The target beneficiaries of this product are small-scale commercial food crops farmers.
- Accepted collateral security includes any combination of:
- Chattels mortgage over farm and household assets and livestock
- Conventional securities in form of motor vehicle log books, land title deeds etc.
- At least two guarantors who are active account holders of Equity Bank
- Group guarantees may also be applied as per the agriculture group lending policy