Agribusiness Loans
LOW INTEREST
FIXED RATE
FIXED TERM
Bespoke Loans, Just for You
We provide 3 bundles of loans.
Ksh.50,000
- Must be aged between 18-35 years by the time of application
- Must have a viable agribusiness idea or an existing agribusiness enterprise
- Must have a registered business or willing to register the business
- Must be a resident of Kenya with a valid identification card
- Must have a guarantor who is willing to co-sign the loan
- Must have a Tax Registration Certificate
Khs.250,000
- Must have been in operation for at least one year
- Must have a minimum turnover of Ksh. 500,000 per annum
- Must have a viable agribusiness idea or an existing agribusiness enterprise
- Must have a registered business with valid registration documents
- Must have a guarantor who is willing to co-sign the loan
- Must have a Tax Registration Certificate
Ksh.500,000
- Must have been in operation for at least 2 years & a guarantor willing to co-sign the loan
- Must have a minimum turnover of Ksh. 5,000,000 per annum
- Must have a viable agribusiness idea or an existing agribusiness enterprise
- Must have a registered business with valid registration documents
- Must have audited financial statements for the past two years
- Must have a Tax Registration Certificate
The Feedback Process
2. Await for feedback from our client service providers.
3. Receive funds in your account if approved.
4. Wait for next round of application based on recommendations if rejected.
Frequently Asked Questions
- Q: How can I apply for a loan from Eagmark Agri-Hub?
- Q: What documents do I need to provide when applying for a loan?
- Q: What is the interest rate for the loans?
- Q: How long does it take to receive the loan after application?
- Q: Can I repay the loan before the due date?
- Q: Can I apply for another loan after repaying the current one?
- Q: What happens if I am unable to repay the loan on time?
- Q: Is there a penalty for late repayment?
A: You can apply for a loan online through our website. You will be required to fill out an application form and submit the required documents.
A: The documents required will depend on the loan category. Generally, you will be required to provide your identification card, business registration documents, audited financial statements (for medium enterprises), and any other documents that may be requested during the loan application process.
A: The interest rate will depend on the loan category and the borrower’s repayment ability. We offer competitive interest rates that are lower than those offered by most traditional lenders.
A: The loan disbursement period will depend on the loan category and the completeness of the application. Generally, it takes 7-14 working days for the loan to be processed and disbursed.
A: Yes, you can repay the loan before the due date without any penalties. However, you will need to inform us in advance if you intend to make an early repayment.
A: Yes, you can apply for another loan after repaying the current one. However, you will need to meet the eligibility criteria and demonstrate the ability to repay the new loan.
A: We understand that unforeseen circumstances may arise that may affect your repayment ability. In such cases, you should inform us in advance and we will work out a repayment plan that suits your situation. However, failure to repay the loan may affect your credit history and make it difficult to access credit in the future.
A: Yes, there is a penalty for late repayment. The penalty fee will be communicated to you before the loan is disbursed.
