Kilimo Biashara Loan
Kilimo Biashara loan is an agriculture flagship product which is able to fund a number of agricultural activities including;
- Purchase of livestock and animal feeds
- Growing of horticultural crops
- Farm inputs and farming equipment
Loan Size:
- Ksh5,000 – Ksh300,000
Security/Collateral:
- Dairy cows insurance through appointed insurer, Sumac being the first claimant
- Chattels mortgage on dairy cows
Grace Period
- 1 month
Access Requirements
- Existence of On-going agribusiness project
- Open Sumac savings account
- 6 months certified bank statement
- ID and PIN copies
- 2 passport size photos [color]
Processing Time
- 48hrs