Agribank Labourers Housing Namibia : Agricultural Bank

Name of the Organization : The Agricultural Bank of Namibia
Type of Facility : Labourers Housing
Country : Namibia

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

Labourers Housing :

This facility is available to commercial farmers for the erection of labourers houses of an acceptable standard at 4% interest rate.

Related : Agricultural Bank Draught Animal Power Acceleration Programme : www.statusin.org/6665.html

The maximum qualifying amount per unit is N$75,000.00, but can increase in exceptional cases; the unit must be a permanent structure with a minimum of two rooms with bathing and ablution facilities.

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.
** Applicants must provide an approved building plan and quotations.
** 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 :
What type of security must I provide for a loan at Agribank?
Loans are granted against security of fixed property, investment or any other acceptable form of security (fixed deposits, investments and surrendering value of policies).

Does Agribank also provide personal loans?
No, Agribank is not a commercial bank.
Does Agribank provide loans to first time farmers?
Yes, Agribank can assist you to start farming.

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.