AGRI BUSINESS LOAN CHECKLIST

Efffective 20- 02 -17

Name of the Applicant:

REQUIRED DOCUMENTS YES NO

1 Application form and Business Plan/ Plan with all areas adequately covered

2 Certified copies of Omang (Individuals ,partners, shareholders and directors)

3 Resolution by Board of Directors to apply for a loan

4 Form 2 (List of Shareholders/ directors)

5 Form 3 (certificate of incorporation)

6 Form 4 (allotment of shares) and Share Certificates

7 Audited Financial statements for at least 3 years (in case of existing operations)

8 A provisional offer of land allocation is required for Young Farmers

Personal Bank Statements for 12 months (start-ups or/ and individual
9
directors)
Financial projections (Balance Sheet, Income Statement & Cashflows) for 5
10
years

11 Personal Balance sheets of all shareholders

Valuation Report of existing assets, prepared by a professional valuer (the
12
report must not be more than 12 months)
13 Deed of sale of business in the event of purchase of an existing business
14 Proof of title deed for the property to be purchased or used as security
15 Bills of Quantity (where applicable)
16 Usage of land should be in line with the proposed business
Shareholders/ Partners/ Directors/ Individual applicants should be citizens,
17
18 years and above.
Due Diligence report valid for 12 months must be provided (in case of existing
18
operations)
19 Livestock brand certificate (where applicable)
 AGRI BUSINESS LOAN CHECKLIST
Efffective 20- 02 -17
Name of the Applicant:

REQUIRED DOCUMENTS YES NO

20 Letters of Intent/ Contracts (3)
21 Three quotations of items to be financed
22 Insurance quotations for assets to be financed
23 Soil and water tests report (For horticulture and dry land farming)
24 Borehole drilling completion certificate, proof of ownership
Consent from Land Board to reticulate water from one plot to another
25
(Leeway)
26 Lease Agreement which covers the loan repayment (in case of leased property)
27 Proof of ownership or availability of land for the project
28 Curriculum Vitae of shareholders or owners
29 Professional and academic certificates of all shareholders or owners
Memorandum and Articles of Association (for companies incorporated before
30
current Companies Act, 2003)
31 Tax Clearance Certificate where applicable
32 Certified Copy of Marriage Certificate where applicable
33 Copy of Deeds Marriage Instrument (Form A or Form B)
34 Copy of necessary license to operate the business where necessary
35 Environment Impact Assessment Report (EIA) where necessary