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Phone No:

(+268) 7802 7437

mail

Email Address:

info@namboard.co.sz

Revolving Fund

Financial Support

Revolving Fund

The funds are obtainable at Eswatini Bank. Small Scale farmers who may not qualify for loan funding under normal circumstances are afforded an opportunity to borrow money without providing a collateral. The NMC/NAMBoard is co-guaranteed by the Central Bank of Eswatini NMC and NAMBoard under the CREDIT Guarantee Scheme. Farmers can borrow up to E500 000 which is payable within 36 months.

What we finance

  • Farm Inputs(Fertilizers, Agro-Chemicals, Seeds, Seedlings, Packaging).
  • Fencing Equipment
  • Shade Nets and plastic Tunnels
  • Irrigation System

Loan specification

    • Startup Enterprises Medium Term Loan – E20 000.00 to E100 000.00
  • Startup Enterprises Seasonal Loan – E15 000.00 to E 50 000.00
  • Existing Enterprises Medium Term Loan – E30 000.00 to E500 000.00
  • Existing Enterprises Seasonal Loan – E15 000.00 to E100 000.00

Loan Structure

  • Business plan

    – Detailed budget

    – Cash flow projections

  • Market Contract (e.g. NAMBoard & NMC etc.)
  • Legal Land & Water Right
  • Insurance Cover
  • Sources of supply (Quotations per item)
  • Company Registration Documents if Trading as a company OR Certified Copy of ID if individual farmer.
  • Tax Clearance