Agricultural loans within a SFaC Credit Cooperative enables cooperative members engaged in farming activities to access the necessary capital for their agricultural endeavors.
Loan Options
Option | Amount | No of Months | Rate per Month |
---|---|---|---|
4 Months Loan | 15000 - 30000 1st Loan | 4 | Total of 7.5% or 1.875% Monthly |
6 Months Loan | 25000 - 45000 1st Loan | 6 | Total of 10.5% or 1.75% Monthly |
Additional Loan Amount will be granted to Member for Subsequent loan |
Requirements
Proof of Billing (Water, Electric or Internet Bill)
2 Valid ID
Picture or Garden
for Co-maker, 2 Valid ID and Proof of Billing