Business Loan
This loan is to assist farmers in acquiring new farm ventures and to improve existing farms, funding production assets, livestock and working capital.
Maximum limit.
The maximum limit shall be determined from time to time in line with viability and needs of the enterprise.
Repayment period
The business loan is repayable within a period ranging from five(5) to eight(8) years
Loan disbursement
The disbursement shall be done as per itemized budget schedules
Small Equipment/Technology Loans
This loan is used to finance the purchase of loose tools, small scale plant and machinery, irrigation and other farming equipment 
Maximum limit
The maximum limit shall be determined from time to time in line with viability and needs of the enterprise
Repayment period
This loan is repayable within a period ranging from two(2) to three(3) years.
Loan disbursement
The disbursement shall be done as per itemized budget schedules.
Revolving Credit Facility
This loan is to assist existing business persons who seek to trade in the agricultural sector.
Maximum limit
The maximum limit shall be determined from time to time in line with the viability and needs of the enterprise.
Repayment period
The Revolving credit facility is payable within a twelve(12) month period.
Loan disbursement
The disbursement shall be done as per itemizes budget schedules.
Agricultural Enterprise Acquisition Scheme
This scheme is aimed at complimenting farmers to acquire agricultural enterprises through the LRAD programme.
- MADC Interest Rates
- MADC loans are charged at prime less 2%
- MADC loans approval are subject to MADC terms and conditions as stipulated in the credit policy
Preparation of a Business Plan
- Applicant to prepare and submit business plan with the application form.
- Advisor can refer applicant to relevant sources for financial assistance for the drawing of business plans.