These types of loans are advanced to finance farmers’ requests for agricultural activity which could be production; processing or distribution.The request from small scale farmers is usually to bridge the finance requirement between the time they plant and the harvest season. They then subsequently pay off the loan after receipt of their produce sales. The loan can also be advanced to finance the rearing of farm animals.

 

Features

  • Usually based on the cyclical nature of planting and harvesting seasons.

  • There are also large scale projects that take a longer duration depending on the financing needs that may include process mechanization.

  • A moratorium is normally provided where customer meets the interest payments and repays the loan in bulk on receipt of harvest sales.

 

Requirements

  • Application letter

  • Completed application form

  • Copies of valid identification documents

  • Proof of land ownership

Equity Price List

18-10-17 CLOSING HIGH LOW
BOK 285 285 285
BRL 140 140 140
NMG 1200 --- ---
KCB 340 --- ---
USL 104 --- ---
EQTY 350 --- ---
CTL 70 70 70

View More Details

Exchange Rates

18-10-17  BUYING  SELLING
USD 842.0000 856.0000
EUR

975.0000

1040.0000
GBP 1087.0000 1145.0000

View More Details

Contact Us

BK SWIFT CODE : BKIGRWRW

KN4 Ave No12 Plot No 790
P.O. Box 175, Kigali, Rwanda

Find a branch near you

Call Center

Local: Phone 4455 

International: Phone+250-788143000

email bk@bk.rwThis email address is being protected from spambots. You need JavaScript enabled to view it. , Send us a message
web www.bk.rw

Subscribe to Weekly Market Update