The Agri-Input Loan supports farmers to access agricultural inputs such as fertilizer, pesticide, fuel, seeds, and other related products from LOLC’s approved partner suppliers. Instead of providing cash directly, LOLC facilitates payment to the supplier, helping ensure the loan is used for farming purposes and supporting stronger cooperation between farmers, suppliers, and LOLC.
Key Benefits for Farmers
- Fast loan approval of up to USD 30,000
- Timely access to agricultural inputs
- May be available without collateral
- Loan term aligned with the crop cycle
- Principal and interest repaid at the end of the loan cycle
- Early repayment allowed without penalty
Key Benefits for Partner Suppliers
- Secure payment through LOLC
- Improved cash flow and working capital
- Expanded sales opportunities with farmers
- Reduced pressure from informal credit arrangements
- Stronger partnership with farmers and LOLC
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