These loans are targeted towards meeting personal needs or short term working capital of individual farmers’, cooperatives, chilling plants and milk bulking agents.
This loan can also assist in bridging finance within the month. The loan is disbursed under the following schemes:
Temporary Cash Advance against Raw Milk Sales
- Maximum advance amount – 70% of confirmed milk payment for the month
- Maximum period – within one month from confirmed anticipated milk payment proceed
Short/Medium/Long Term Loans against Raw Milk &/or Value Added Product Sales
These loans are targeted towards meeting personal needs of individual farmers’ or dairy enterprise It provides working capital finance inputs & productivity (e.g. land preparation, seed, fertilizer, chemicals, livestock feed, bovine breeding products, etc) infrastructure (e.g. biogas, zero-grazing structures, storage sheds,
chilling plants, etc) ; & assets (e.g. chopping/grinding equipment, water pumps, solar appliances, agricultural implements, motor vehicles, miscellaneous agricultural assets, etc).
- Tier 1: Up to Kes. 250,000/-
- Tier 2: Up to Kes. 500,000/-
- Tier 3: Above Kes. 500,000/-
- Tier 1: Within 24 months
- Tier 2: Within 48 months
- Tier 3: Up to 60 months