Banana Improvement Loan
A specialized agricultural loan designed to support banana farmers in improving productivity, quality, and market access across the banana value chain.
Overview
| Target Audience | Commercially oriented banana farmers engaged in production, handling, and marketing of bananas. |
|---|---|
| Purpose | Financing inputs and activities that improve banana productivity, quality, post-harvest handling, and market access. |
| Eligible Loan Use | Farm inputs, plantation management, irrigation, post-harvest handling, transportation, and marketing activities. |
Loan Requirements
Applicants must meet the following conditions:
- Be an active account holder with EBO Financial Services.
- Have at least two (2) years of experience in banana production.
- Own or legally manage a minimum of one (1) acre of banana farmland.
- Demonstrate clear ability to repay the loan from banana production or other income sources.
- Provide evidence of land ownership or a valid lease agreement.
- The farm must be accessible to bank officials for monitoring.
- Be willing and able to provide acceptable collateral or guarantees.
Loan Features & Benefits
| Category | Details |
| Production Support |
|
|---|---|
| Value Chain Support |
|
| Repayment & Support |
|
BANANA IMPROVEMENT LOAN.
In order to recognise the crop's value in the country, EBO Financial Services offers the Banana Value Chain Loan to help commercially oriented farmers boost banana production and marketing. The loan can be used to cover costs across the value chain, from production inputs to post-harvest handling and marketing. Farmers who have been involved in banana production for at least two years and own at least an acre of banana farmland can apply for this loan.
