Agricultural Loan
This loan targets individual clients in rural or peri-urban areas engaged in agribusiness activities along the Agricultural value chain.
What are the requirements?
- Valid National ID/Driver’s license with NIN/Passport with NIN and passport photos
- Should be between 18-75 years of age
- Have a savings account with Nissi or Willing to open an account
- Engages in commercial farming
- Have adequate security e.g. land, vehicle business assets and guarantor(s).
Benefits of this loan
- Flexible amounts starting from Ugx 200,000.
- Grace periods to allow time for harvesting and selling of products.
- Attractive interest rates
- Flexible repayment period depending on the agricultural enterprise
- Quick loan processing i.e. within 3 days