Dairy Herd Improvement Loan

This medium term semi working capital loan allows farmers to boost production by giving them financing to buy better breeds of dairy cows.

Benefits

  • Loan range from Kshs 50,000 to 2 million
  • Repayable over 36 months
  • Flexible repayment terms of up to 18 months
  • Competitive interest rates. 

Qualifying Criteria

  • Monthly contract savings for 20% of the value of improved breed cows and 100% of the value 4 months dairy feed
  • One must have 1 year experience in dairy farming
  • Financial Plan indicating 70% of the loan will go to buying herd while 30% of finance to infrastructure development and buying dairy feeds
  • Payment to be made directly to suppliers
  • Farmers are required to have a business plan
  • Bank statements to establish cash flows( 3 months for customers and 6 months for non-customer

Rates and Fees

  • Interest rate of Base rate + 2.5%p.a. on reducing balance
  • Negotiation is 2.5%


Loan Calculator

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