Agricultural loans
Agricultural producing (live stocking, cropping, gardening and etc)
Loan amount and interest rate
Maximum $ 40,000
Interest rate annually 22-25 %
Upfront fee 0.5 %
Term
Maximum 24 months
Collateral
In value of 150-200 percent of loan amount
Collateral may be:
- Apartment and houses
- Gardens, lands
- Stores
- Vehicles and agricultural machineries
20 per cent of business project
Documents required
- Borrower ID
- Business Plan
- Documents of collateral
- Documents proving entrepreneurship
- Bank account
