THE LAND BANK

Most people who have used up their land grant to buy land, want to know where they can get more money to use for farming. The Land Bank lends money to farmers. The Land Bank generally requires collateral or security as a requirement to access funding, but they also recognise that in some cases potential clients may not have access to this security. In this case, the bank advises applicants to get in touch with their nearest Land Bank branch to find an alternative.

WHO CAN BENEfIT?

People who qualify for assistance are:

• New farmers
• Land reform beneficiaries
• Poor farmers, especially women, who want to improve their farms

DIFFERENT KINDS OF LOANS

Many different kinds of loans are available:

• Loans with a good repayment record will qualify you for a bigger loan next time.
• Loans to buy a farm or make improvements
• Loans to buy farming equipment or livestock, with insurance to cover your loan in case you can’t pay it.

Contact the Land Bank, to find out where the nearest Land Bank agent is who can give you advice about loans.