Agri Credit Line Update: A Simpler, More Flexible Funds Request Experience

At Avenews, customer feedback drives every improvement we make. Following insights from Agri Credit Line users, we’re introducing updates that make financing more flexible, more convenient, and faster to use. These enhancements were designed to give customers maximum flexibility in how they use their facility — allowing them to access financing only when needed, for exactly what they need.

These enhancements are designed to give you maximum flexibility in how you use your facility, allowing you to access funds only when you need them, and for exactly what you need. Hakuna presha.  No need to take everything at once. You stay in control,  vile unataka, wakati unataka. A More Flexible Funds Request (FR) What’s New

Agri Credit Line customers can now use their approved financing with multiple suppliers and transactions simultaneously, giving them better control and planning power.

This update helps agri-SMEs manage their financing more effectively, supporting smarter business decisions and day-to-day flexibility. Inaleta mpangilio mzuri wa biashara.

What’s Improved

• The Funds Request process has been redesigned to be faster and easier, with a smoother experience from start to finish.  - Suppliers are now automatically linked within the Funds Request — customers simply indicate who to pay and how much.  - Customers no longer need to submit banking details with every request. • The supporting document submission process (Invoice, Purchase Order, or Quote) has been streamlined and simplified, reducing time and effort.

As Always • Customers only pay for the financing they actually use, not for their total approved amount. • Once a financed amount is repaid, it’s automatically restored to the available balance, ready for the next request. Financing Terms Update What’s New

The tenure of the first monthly financing has been extended from 28 to 30 days, giving customers additional time to complete repayment.

This change provides businesses with slightly longer repayment timelines, making it easier to manage financing alongside supplier and trading cycles. Important to Note The daily markup rate remains exactly the same, ensuring cost stability and transparency for all customers. Gharama iko wazi, hakuna mabadiliko ya bei. These updates are part of Avenews’ ongoing commitment to make financing simpler, faster, and better suited to the way agribusinesses operate, helping customers trade confidently, plan smarter, and grow stronger.Avenews Agri Credit Line – designed for flexibility, simplicity, and real business growth.