Drip Irrigation Loan

The purpose of this loan is to enable existing semi-commercial farmers engaged in horticulture (dambo) farming showing great potential for growth to access high efficient solar-powered drip irrigation assets on loan to improve productivity, efficiency and grow their businesses’ revenues. The loan is in form of Asset where the borrower becomes a legal owner of the asset upon completion of the loan. In this case, the collateral backing the loan is the asset.

  • Semi-commercial farmers belonging or affiliated to a Cooperative, Association and clubs
  • The collateral backing the loan is the asset.
  • Maximum Loan term – 18 Months
  • Maximum Loan value – According to the Applicant’s capacity to repay from the business proceeds.
  • Loan payment is made direct to the appointed reputable supplier or dealer of equipment.
  • Market contract
  • Physical collateral or Third Party Guarantee
  • Cash contribution of up to 20% of total Loan should be made by the Borrower. Apply this Loan

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Contact us at Community Finance Office in Amina House, Ground Floor Unit 13 or submit a business inquiry online.
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