The Procedures and Features of the product

  • Targeting existing avocado business people/investors
  • For acquiring acquiring seedlings, farm expansion,farm leasing, harvesting of mature fruits and inputs purchase among others;
  • Interest rate would be 10% per annum;
  • Loan duration: 36 months;
  • Loan purpose: improve avocado production and its value chain;
  • Repayment of at least 70% of loan would be considered before subsequent facility is taken;
  • Loan has to be guaranteed by member deposits and guarantors
  • Lending would be based on current income/cash flow;
  • Site appraisal to be done before lending is done;
  • Endorsement from the avocado cooperative to authenticate current income and history of loan applicant

Apply for a Loan Today