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Kilimo or Agricultural loans are provided to farmers for multiple reasons such as for supporting and escalating farm operations. Agricultural financing provides capital to farmers for expansion and improvement of farm operations. We have designed two types of agriculture loans that will try to meet the needs of local Tanzanian farmers at any stage of their farming. From equipment acquisition to farm operations we offer top class service to our clients while giving them much needed business management skills.

Biashara Agriculture Loan

This is a commercial loan extended to farmers to facilitate them in Land acquisition, farm implements and equipment. The maximum loan amount is TSHS 200,000,000

Loan Benefits Requirement Price
Minimum loan amount of TSHS. 2,000,000 and maximum 200,000,000 Should be an experienced farmer for consecutive five years or more with a clear track record Interest rates per annum
Flexible security requirements  e.g. chattels, log books, shares or cash cover, debentures, title deeds, residential license, etc Registered  business license LAF/I/V
Maximum repayment period of 24 months Permanent business premises  
Loan servicing scheduled to match the timings of proceeds. Adequate collaterals  
Credit Insurance    

Kilimo Kwanza

This is a loan product designed to support the government efforts in boosting agriculture through “KILIMO KWANZA MOVEMENT”. The loan is aimed at purchasing modern farm implements and equipment from irrigation equipment togreenhouses, spraying equipment, sowing equipment, harvesting equipment, milking machines, etc.

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Loan Benefits Requirement Price
Minimum loan amount of Tshs. 500,000 and maximum depends on ability to service the loan Should be an account holder with either of our Bankers for at least 6 months Interest rates per annum
Flexible security requirements e.g. chattels, log books, shares or cash cover, debentures, title deeds, guarantors, residential license, etc Registered  business LAF/I/V
Maximum repayment period of 24 months Permanent business premises  
Loan servicing scheduled to match the timings of proceeds. Adequate securities  
Credit Insurance    

 

 

Loan servicing scheduled to match the timings of proceeds.

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