Help Centre
Pricing and repayment periods for Agri Credit Line
Know the repayment options, charges, and worked examples
With Agri Credit Line, you choose a repayment period of 30, 60, or 90 days when you submit your Funds Request. The longer the period, the more markup you pay in total. The shorter the period, the cheaper your financing.
30 day period
One repayment on day 30
Daily markup of 0.2975%
Total markup over 30 days is 8.92%
60 day period
Two equal repayments, on day 30 and day 60
Daily markup of 0.2208%
Total markup over 60 days is 13.25%
This works out to 6.62% for each 30 day half
90 day period
Three equal repayments, on day 30, day 60, and day 90
Daily markup of 0.2073%
Total markup over 90 days is 18.66%
This works out to 6.21% for each 30 day part
Worked example for 30 days
Say you draw KES 100,000 for 30 days. The total markup is 8.92%, which is KES 8,920. On day 30, you repay KES 108,920 in one installment.
Worked example for 60 days
Say you draw KES 100,000 for 60 days. The total markup is 13.25%, which is KES 13,250. You repay in two equal parts of KES 56,625 on day 30 and day 60.
Worked example for 90 days
Say you draw KES 100,000 for 90 days. The total markup is 18.66%, which is KES 18,660. You repay in three equal parts of KES 39,553 on day 30, day 60, and day 90.
How to choose the right period
Pick the shortest period that fits your business cycle. If you expect cash to come back in 30 days, choose 30 days. Picking a longer period than you need means paying more markup.