Is a facility given to traders of agricultural inputs to enable them do over withdrawals in their NMB business account balances up to TZS. 30millions.

Benefits of NMB Agro-dealer Input financing

• Enable Agro-dealers to have extra working capital for a short period
• Available anytime, when applied for.
• Flexible and easy to operate.

Required documents to open Agro-dealer Input financing

• Overdraft Application Letter
• Must be trained with CNFA and obtain Certificate
• Must have operating agriculture input business
• Must have Tax Identification Number
• Must have business license for selling agriculture inputs
• Business Plan ( NMB has a template that will be filled by agro dealer with the assistance of loan officer free of charge)
• Bank statement for the last six months
• Realistic cash flow for the business
• Sales records must be kept well and recorded in Sales book, cash book etc
• Must have Tanzania Pesticides Research Institute (TPRI) license for those selling agro chemicals
• Collateral to cover the loan amount up to 62.5%