Partnership
Financing farmers so they can grow more, and get paid faster.
With Equity Bank Uganda
Seed loans, repaid in grain
Nile Fresh Produce and Equity Bank Uganda have a memorandum of understanding that finances registered farmers with seed loans. Farmers repay at harvest with an equivalent amount of grain.
We also have a three-way agreement with Equity Bank and Ace Global, a collateral manager, so that farmers are paid straight into their bank accounts once their produce is delivered. This makes sure money is always available to buy from farmers.
How farmers get paid
From warehouse to bank account
Deliver
The farmer delivers produce to a designated warehouse.
Weigh
The produce is weighed.
Receipt
Ace Global, the collateral manager, issues a receipt.
Get paid
Equity Bank pays straight into the farmer’s bank account.
What the seed loan includes
Everything a farmer needs to start the season
Quality hybrid seedCrop insuranceExtension servicesFertilisersPesticides
Are you a farmer or a partner?
Talk to us about joining our out-grower network or working with us.