• Call Us+260 211 224 653 / 225 080
  • Email at izb@izb.co.zm

Agriculture Finance Scheme

Offering attractive credit support for agricultural operations with the help of machines and implements.

  • Purpose Term loan to acquire farming equipment
  • Quantum of Finance 80% of the invoice amount
  • Rate of Interest BOZ Policy Rate plus margin
  • Repayment Period Maximum 60 months subject to profitability/income generation.
  • Processing Fee 2.5% to 3%
  • Security 1. Charge over assets created out of bank finance 2. Legal mortgage over plot/land/propertyInsurance of assets charged to the bank

Offering attractive credit support for procurement of farming inputs.

  • Purpose Crop loan to procure inputs like seeds, chemicals fertilizers, manure, pesticides and arranging of labour etc
  • Quantum of Finance 80% to 90% of the project cost
  • Rate of Interest BOZ rate +margin
  • Repayment Period Crop loan is normally repayable by way of bullet payment from the proceeds of the harvest with due date synchronized with the harvesting season.
  • Processing Fee 2.5%
  • Security
    1. Charge over crops
    2. Equitable/Legal mortgage over plot/land/property, where possible
    3. Insurance of assets charged to the bank

Please contact your nearest branch for further details