Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Showing posts with label no collateral.50. Show all posts
Showing posts with label no collateral.50. Show all posts
Thursday, August 20, 2015
AGRIC LOAN.
To secure an agric loan from a microfinance bank is easy and readily available; see the process
Facility range: N50,000 (minimum) to N500,000 (maximum)
Methodology: Individual, group and corporate
Duration: 1-12 months
Grace period: 30-60 days
Prospective clients must be practicing farmers with verifiable evidence of existing farm investments.
Benefits:
No collateral
Provides capital for farming activities
Flexible repayment structure
Low interest rates
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