• Targets farmers operating monthly remittance accounts with Equity Bank i.e. tea and dairy farmers.
• Equity Bank account holders for a minimum period of three (3) months
• At least one-month remittance through the Equity Bank account and to provide a three (3) years account statement from your previous bankers.
• Demonstrable ability to repay the loan.
• Three most recent payslips.
• Documentary evidence of farm ownership or a valid lease agreement covering at least two future seasons.
• Present evidence of the subject to be financed such as pro forma invoices, bills of quantity etc

• Equity Bank account statement
• Three most recent payslips.
• Land Title or a valid lease agreement covering at least two future seasons.
• Present evidence of the subject to be financed such as pro forma invoices, bills of quantity etc.

• An active Equity Bank account holder or willing to open and operate an account with Equity Bank (K) Ltd.
• Demonstrate ability to repay.
• At least one-year experience in commercial seed growing, or one successful production cycle (this need to be evidenced by proof of the past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.).
• At least 2 acres of seed production land.
• Ability to contribute 30% of the total production cost (either cash or in kind).
• Documentary evidence of farm ownership or a valid lease agreement covering at least one future production cycle.
• Provide signed seed production contract with the contracting company.

• Equity Bank statement
• Past sales records & receipts, previous banking history, or recommendation from Kenya Seeds Company, or any other seed multiplication contracting company.
• Commitment to contribute 30% of the total production cost (either cash or in kind).
• Title deed or a valid lease agreement covering at least one future production cycle (at least 2 acres)
• Signed seed production contract with the contracting company.

• For limits up to 2M –Chattels i.e. Motor vehicle discounted at 150%
• Cash and Land for exposures above 2M

• Have an existing agriculture input or output trade or service business.

• Kenyan Citizen, over 18 years & National ID Card,
• Lease agreement,
• KRA PIN certificate,
• Passport Photograph (for first loans only.)
• 10% compulsory savings,
• Demonstration of ownership of rights to use land.
• Livestock and crop insurance

• National ID Card
• Title Deed or lease agreement
• KRA PIN certificate
• Photograph (for first loans only.)

• Access loans of up to 75% of the value of tea bonus earned in the recent 3 years

• Tea bonus payment records –for recent 3 -years

• Stock Insurance Cover – Stock insurance facility for stocked commodities
• Warehouse receipt from the cereals board (Original)
• A duly signed verification form indicating authenticity of the warehouse receipt (signed and stamped by an authorized officer of the concerned cereals board)
• Signing of the verification form should be witnessed by a commissioner for oath

• Existence of On-going cereals farming activity for at least three seasons
• Two previous consecutive warehouse receipts
• 6 months Certified bank statement
• ID and PIN copies
• 2 passport size photos (colour)
• Lease agreement of the land if leased or copy of the title deed if owned
• Evidence of other income generating activity

• Tangible security for the loan
• Appropriate and approved crop varieties
• Availability of processing facilities within reasonable distances.

• Attributable benefit to smallholder farmers

Oiko seeks partners that:

• Create jobs and income for disadvantaged groups
• Are cooperatives, financial institutions or small to medium enterprises
• Have women in influential positions such as in management
• Are environmentally sustainable and respect animal welfare
• Have suitable management in place and are (or can soon become) financially sustainable
• Have a clear need for foreign investment

• Profitability or a clear quantifiable path towards profitability
• Proof of concept around the business model
• Annual revenue generation of more than EUR 500,000 • Social and environmental mission embedded throughout the organisation
• Experienced entrepreneur with proven ability to execute
• Complete or plan for completing management team
• Basic organisation structure and governance in place

Online application for Sustainable Food & Agriculture Financing