Who is it for?
Financial support provided to business engaged in agricultural production (value added/ value chain, agro-processing, horticulture etc…) with a view to enhancing livelihoods through employment creation and income generation. It is an opportunity to partner with projects to provide necessary financial support.
What you'll need:
- Request for financing
- Project documents to be financed
- Project risk register
- Public private partnership (i.e. Gov’t)
- Opening of account
- Board resolution to borrow (i.e. LLC’s)
- Memorandum of understanding (MOU)
- Domiciliation of project funds
- Detailed feasibility (i.e. for factory projects)
- Audited accounts (LLC)
- Details of security arrangements
Features and benefits:
- Partnership arrangements to endure win-win
- Fast turnaround and approval processes
- Assure project finance
- Joint monitoring and evaluation to ensure successful implementation of project
- Skill development through training
- Provision of expert advise on key results areas
- Detailed approval processes
- Flexible loan repayment terms
- Negotiable/competitive interest rates
- Short term (3 months) moratorium to factor start up
- Public private partnership (i.e. Gov’t)