Coffee Advance

Purpose

Coffee Advance is designed to cover cases of contingencies such as accidents, sicknesses, court cases, funeral expenses, maintenance of coffee bushes and other cash crops.

Features:

      • Specifically for coffee farmers who are members
      • The repayment period is maximum 12 months
      • Appraisal is based in production (cumulative Kgs coffee.)
      • Rate per kg shall be determined from time to time
      • Proceeds MUST be processed through the society
      • Applicants to be guaranteed by the executive B.O.D of the respective society

Requirements:

      • Completed Advance Application form
      • Copy of National ID of the applicant.
      • Original Latest Pay slip.
      • Recommendation from the F.C.S.
      • Monthly proceeds MUST be processed through the SACCO


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