Pembejeo Loans

These are loans guaranteed by Government through Agricultural Input Trust Fund for agricultural inputs in duration of 12-24 months. These loans are specifically for:

• Agricultural Marketing Co-operative Societies (AMCOS)
• Savings and Credit Co-operative Societies (SACCOS)
• Registered stockiest / Agro-Input dealers.
• Individuals / Companies.

Features

  • Multi-currency: TZS|USD|EURO|GBP etc
  • Initial opening Balance –TZS 20,000|FOREX 50
  • Minimum Operating Balance – TZS 10,000|FOREX 50
  • Earns interest on Deposit.
  • Interest Bearing Amount – TZS. 300,000|FOREX 500
  • Subject to transactional fee and monthly fee
  • Joint Operation is allowed

Benefits

  • Security of Funds
  • Convenience of using integrated alternative channels
  • Convenience means of saving part of income
  • Earns interest as an incentive to saving

Requirements

  • Any person above 18years.
  • Legal ID (NIDA ID/Voter’s ID/Driver’s License/Passport/Zanzibar National ID).
  • VEO/WEO Letter (if using ID’s apart from National ID).
  • Two passport Size photos.
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