Mifugo Loan

BIMAS Mifugo/Dairy loan is a product mainly targeting individuals who have ventured into dairy farming to boost their level of production. We provide Mifugo loan to enable such subsistence smallholder farmers turn their business into economical business and sustain the running of their businesses too.

  • Loan Requirements
  • Membership 15-20
  • Savings 15% of loan amount
  • Repayment period 14 months
  • Grace period of 2 months with a paid interest within the same period
  • Members save 500 each per meeting
  • Group Meeting: monthly
  • Livestock health and valuation certificate must be filled by Veterinary Doctor
  • Group Meeting: monthly
  • Cattle insurance of 4%, minimum of 2000
  • Loan Phases
  • KES. 40,000 – 80,000
  • KES. 81,000 – 160,000
  • KES. 161,000 – 300,000
  • > KES. 300,000

Contact Us Now

You can always contact us by filling the below form in case you have any queries pertaining our products and services.

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