Farmers come talk to us about the Special Agricultural Loans if you:

• Need to purchase inputs
• Defray labour expenses
• Need to purchase planting material for non-banana crops

BENEFITS & FEATURES

Save Money

• Fixed interest rate of 6.5% per annum on the reducing balance.
• FREE Loan Protection Coverage & Life Savings Insurance.
• No processing and commitment fees. No hidden charges.

Flexible

• Up to 2 years to repay.
• Borrow funds to purchase inputs, defray labour expenses and purchase planting material for non-banana crops.

Peace of Mind

• 100% financing.
• There is No  waiting period.
• Save & invest for the future with our compulsory savings plan.

Convenience

• All legal matters related to your Special Agricultural Loans are handled by our Legal Department.

REQUIREMENTS

Items needed:

• A minimum of 5% of the total amount of the loan requested. [No Character Loans]
• Member shares based on the amount of loan
• Details of security being offered
• Farm records
• Your NCCU passbook(s) and photo identification like Social Security card.
• Details of your liabilities and commitments.
• Member Shares/Loans click here!

LOAN CONDITIONS

• Farmer must be in possession of his or her rented/lease land suitable for agriculture
• Farmer must be a member of a marketing company such as DAPEX or Fair Trade Association Membership in a farmer’s organisation in his community is an advantage
• Maximum loan per farmer is $10,000.00.
• A recommendation from an Agricultural Extension Officer is mandatory
• Letter from DAPEX, Fair Trade and other similar organisation certifying other produce will be purchased and funds remitted to NCCU.  Or a confirmed market (in writing) for the produce.
• Farmers may qualify for a grace period.