Agricultural Input Loan
Fertilizer Loan
It is a short-term agricultural loan granted for the purchase of fertilizers. The applicant can be Cooperatives, Associations, Commercial Farms, Individuals, or Regional State. Applicants that are established as Cooperatives or Associations may be extended clean based fertilizer loan; however, they have to:
- Acquire legal personality from the concerned governmental organ.
- Present Minutes of a resolution passed by at least three-fourths of the members of the General Assembly of their Cooperative /Association.
- Provide audited financial statements.
- Employ a Manager and an Accountant/Bookkeeper; and
- Present letter of guarantee from the Regional Government which in turn shall present a letter of guarantee from the Ministry of Finance and Economic Development.
Other Agricultural Input Loans
It is a short-term loan granted to Cooperatives, Associations, Commercial Farms, Individuals, and Regional Governments engaged in the agricultural sector for the purchase of agricultural inputs other than fertilizers like improved seeds, and/or agrochemicals.