Apply For Equipment

AFC Holdings
Growing
Together.

All in one financial services

Banking made
easy - Simplify
your finances

Bank with confidence.
Anytime, anywhere, securely

Let’s Get Started

Securing Your
Future With
Land

Providing the best
financing for land development

Let’s Get Started

Flexible Leasing
Options For
You

Offering affordable agriculture equipment
leasing services and mechanization to farmers.

Let’s Get Started

Insurance & Risk
Transfer
Solutions

Covers against any loss or damage to crops from
growing stage to the selling stage, against
perils such as hail, windstorm and fire.

Let’s Get Started

Step 1 of 4

Section Break

SECTION 1: BORROWER’S DETAILS

Name of Borrower(Required)

ID/Reg Number(Required)

AFC Commercial Bank Account Number(Required)

List Company Directors (if borrower is a company)

Name

Date of Birth/Registration(Required)

Business Address & Physical Location of Project(Required)

Telephone number(s), Fax/Email(Required)

Province(Required)

Ownership Type e.g Private Company, Partnership etc(Required)

Details of Management (Resident Farmer or Qualified Manager)(Required)

Scale of Operations (A1, A2, other)(Required)

Proof of Land Ownership [offer letter, title deeds, leasing agreement (approved by Ministry if A1 or A2)]

Max. file size: 8 MB.

Current Size of land(Required)

Arable(Required)

Irrigated(Required)

Type of irrigation(Required)

Borrowings from other financiers

Institution

Amount (ZWL$/US$)

Current Outstanding Facility from AFC Land Bank

Summer (ZWL$)

Winter (ZWL$)

Summary of Operations(Required)

Size of Borrower:

Total Fixed Assets(Required)

Please enter a number greater than or equal to 0.

Total Movable Assets(Required)

Total Liabilities (creditors and borrowings)(Required)

Please enter a number greater than or equal to 0.

Net worth of the Borrower(Required)

Please enter a number greater than or equal to 0.

SECTION 2: AVAILABLE EQUIPMENT DETAILS

BELARUS TRACTORS

Specifications: 81HP

Cost per Unit (US$): 24,100.00

Number of Units Required

Specifications: 107HP

Cost per Unit (US$): 53,325.00

Number of Units Required

Specifications: 130HP

Cost per Unit (US$): 62,480.00

Number of Units Required

Specifications: 155HP

Cost per Unit (US$): 75,000.00

Number of Units Required

COMBINE HARVESTERS

Specifications: 212HP

Cost per Unit (US$): 147,066.00

Number of Units Required

Terms and Conditions

Interest rate per year	7.5%
Establishment Fees once off	1.5%
Administration fees per year	1% on outstanding balance
Deposit required upfront	15% of total loan
Tenor	3 years
RepaymentFrequency	Summer only Farmers: Annually in arrears	Summer & Winter farmers: Semiannually in arrears

SECTION 3: BORROWER’S PERFORMANCE

PLANNED PROGRAM(Required)

Crop

Expected Yield (t/ha/ unit)

Expected Price (ZWL/t /unit)

Expected Cash Receipts (ZWL)

Cost/Ha (ZWL)

Total Costs (ZWL)

Expected Surplus/Deficit (ZWL)

HISTORICAL PERFORMANCE(Required)

Season/Year

Crop

Yield (t/ha)

Total Yield (t)

Price

Revenues Received

SECTION 4: DECLARATION AND SIGN OFF

I/We declare and acknowledge that the information given above is correct, accurate and true, and that falsification of information disqualifies any application. The Bank reserves the right to withdraw assistance if this declaration is false.

Authorized Signatories

Name

Date

Important Note:

The Bank reserves the right to approve, defer, decline or withdraw any application without giving reasons.

APPLICATION DOCUMENTATION

a. Individuals

Copy of ID
Proof of land access/ownership/lease/allocation/permit
Previous sales sheet (an added advantage)
Recommendation from local Leadership-Chief/Councillor/Headman (added advantage)
Bank statements and current/recent facility letters from other banks
Proof of offtake/ production contract

b. Companies/ Cooperatives/ Groups

CR14 and copies of ID for directors/members/ Cooperative Registration Documents
Certificate of incorporation or any registration documents/ Copy of constitution
Memorandum and articles of association
Company resolution to borrow
Financial Statements covering 3 years were applicable
Business plan and supporting information

Call Us

Belarus Mechanization Facility (bmf) Application Form

Section Break

SECTION 1: BORROWER’S DETAILS

Size of Borrower:

SECTION 2: AVAILABLE EQUIPMENT DETAILS

BELARUS TRACTORS

COMBINE HARVESTERS

Terms and Conditions

SECTION 3: BORROWER’S PERFORMANCE

SECTION 4: DECLARATION AND SIGN OFF

Important Note:

APPLICATION DOCUMENTATION

a. Individuals

b. Companies/ Cooperatives/ Groups