Funding is provided for any financially viable agricultural, industry and tourism development project, including vehicles for business purposes. Agriculture includes fishing and agro-processing.

The loan cannot be used for the purchase of existing buildings, working capital (except where required for start-up operations), refinancing, equity investments or any other purpose which is excluded from financing by the Bank.

The maximum loan limit should not exceed 70% of the cost of the project being financed.

The maximum repayment period is 15 years, including a grace period not exceeding 3 years. The repayment would be structured on a case by case basis and would be related to the revenue stream of the project. Where it is possible, lien on sale is used as the method of payment.

A grace period on principal repayment may be granted. This period varies from project to project but it is granted to allow for the implementation of the project usually until it starts generating revenue to commence repayment.


The Bank may choose from the following:

• Legal mortgage
• Bill of sale or debenture over assets (fixed/floating)
• Insurance
• Supported guarantees
• Lien on sales
• Assignment of cash deposit