Nafaka Loan Agro-processor/dealers

Loan offered to agro dealers, grain traders and processors for working capital requirements (Capital investments, stocking their businesses and day to day operations).

  • Minimum debt ratio of 50% of EBIDTA or net income( very small businesses)
  • Agribusiness which are differentiated from SME/corporate clients as follows;
  1. Have a direct relationship with farmers who they sell to farm inputs or buy grain from directly
  2. 100% of merchandise is grain farming related
  3. Minimum period in business should be 2 years and above.

Other Features
  • Interest rate is Base + 1%
  • Application fee as per the bank’s tariff.
  • Appraisal fee is 1.5% subject to a minimum of Kshs.1000
  • Review fee is 1.5% for loans with tenure exceeding 12 months
  • Maximum tenor of 36 months