Agribank Bush Encroachment Loan Namibia : Agricultural Bank

Name of the Organization : The Agricultural Bank of Namibia
Type of Facility : Bush Encroachment Loan
Country : Namibia

Website : https://agribank.com.na/

Bush Encroachment Loan :

This scheme is aimed at combating bush encroachment in the country. The scheme will enable present land units that are uneconomical to manage to be changed into economical units and increase the capacity or production per hectare of the unit which can provide higher returns.

Related : Agricultural Bank Aquaculture Loan Namibia : www.statusin.org/6661.html

Loans will be available in two forms: loans where manual labour is applied and loans where aerial spraying is to be used. The maximum repayment period is 15 years.

Requirements:
** Applicants must have a clean credit record.
** Applicants can either be full or part time farmers.
** Applicants should be Namibian citizens.
** Applicants must provide a business plan.
** Agribank offers flexible installment options to suit client’s financial needs. The available installment options are: monthly, quarterly, bi-annual or annual.
** Loans are granted against security of fixed property (mortgage bond) or any other acceptable form of security (fixed deposits, investments and surrendering value of policies). The bank will grant the loan for 80% of the valuation of the security.
** Quotations from registered dealers/suppliers must be provided.
** Companies should provide audited financial statements, certificate of registration, shareholders or directors of the company and must have a registered auditing firm.

Contact us for further information :
Product Enquiries:
Mr. John Ntemwa:
Business Consultant
Caprivi Branch
MAIL: jntemwa [AT] agribank.com.na
TEL : 066252060/2

Mr. Dusken Manyando Mungalisa:
Sales & Services Consultant
Rundu branch
MAIL: dmungalisa [AT] agribank.com.na
TEL: 066255113

Mr. Jonathan Maharero:
Sales and Services Consultant
Southern branch(mariental)
MAIL: jmaharero [AT] agribank.com.na
TEL: 063 242734

Mrs. Maureen Kamerika:
Sales & Servises Consultant
Otjoreku branch (otjiwarongo)
MAIL: mkamerika [AT] agribank.com.na
TEL: 067304497

Mr. Frans Arnold Nanuseb:
Sales & Services Consultant
Otjoreku branch (otjiwarongo)
MAIL: fnanuseb [AT] agribank.com.na
TEL: 067-304497

Mr. Evans Simbuwa Mwangala:
Sales & Services Consultant
Oshakati branch
MAIL: emwangala [AT] agribank.com.na
TEL: 264 65 22 1113

Mr. Innocent Kwenani Simasiku:
Business Consultant
Midland branch
MAIL: isimasiku [AT] agribank.com.na
TEL: 061207 4261

Mr. Mekupi Hengari:
Consultant
Midland branch
MAIL: mhengari [AT] agribank.com.na
TEL: 0612074281

FAQs :
How many times in a year do I have to control parasites?
Controlling parasites in any area/farm would depend on the their prevalence and infestation.

These will differ between seasons and geographical locations because parasite prevalence and infestation is influence by the prevailing environmental conditions (e.g. hot, cold or wet conditions), and also livestock management practices (e.g. kraal and water hygiene) .

It is therefore advisable to be on the lookout for parasite prevalence and infestation during any prevailing environmental condition. Normally, a minimum of two times in year is advisable, before and after the rainfall season for both internal and external parasites.

What can I supplement to my livestock during the dry season?
Livestock supplementation during the dry season becomes complex and expensive because the forage materials have lower nutrient content and diminishing in quantity.

The most limited nutrient during the early months of winter is Protein, and as the forage materials becomes drier and less in quantity as the season progresses, energy becomes less in the process.

Therefore, to avoid animals lose a lot of condition, the most important supplements to provide are; protein and energy supplements. When you are buying winter or dry season lick, ask for protein and energy products in the shop.