Requirements — Agricultural Loans

IDCE Agriculture

Produce farming and animal husbandry are well suited to this product. This loan will enable you to run your establishment efficiently and pay your dues on time. All farmers are welcome: Companies, Associations, Farmer Companies farming on both SNL & Title Deed Land.

New farming technologies and energy saving solutions are also keenly considered under this product.

Maximum: E15 million

Repayment Period: 3 - 5 years

  • Memorandum of association
  • Certificate of incorporation
  • Form J
  • Form C
  • Tax clearance certificate
  • Trading licence
  • Chief’s consent (if farming on SNL)
  • Quota from RSSC (Sugarcane farmers)
  • Water rights
  • A business plan, an application letter and cash projection.
  • A contract document, a purchase order and letter of intent
  • A shareholder’s resolution to borrow
  • A contractor’s confirmation of contract
  • Company address, bankers, auditors and authorized signatories
  • Identity documents of shareholders and directors
  • Passport sized photos
  • Personal balance sheets of shareholders and directors
  • CV’s of shareholders and directors
  • Contact numbers and addresses of shareholders and directors
  • Bank statement showing proof of 20% contribution
  • Application fee

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Download KYC Form (PDF, 280kB)  

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