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AGROENTREPRENEURSHIP
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SIX QUESTIONS A LENDER WILL ASK YOU
How much money do you need?, What does your credit look like?, How will you use the money?, How will you repay the loan? , Does your business have the ability..
projected income statement of your business.
Financial Aspect
the benefit of the environment, general public, economy, and government from your business.
Socio-economic
– the for, of your business organization, your expertise and qualification, and the organizational chart of your business.
Management Aspect
– the nature, processes, and land area of your business.
Technical Aspect
the supply and the demand analysis, price and marketing program and promotions of your business.
Target Market
– brief discussion of your business such as name, location, business status, capital cost, etc.
Business Summary
It is something (such as house or machinery), pledges as security for repayment of loan.
Collateral
Give at least 3 examples you ask yourself Before choosing your financial service provider
1. What types of services are available? 2. Does the term match my farm plan schedule? 3. What are the eligibility requirements? 
COMMON PROCEDURES FOR LOAN APPLICATION
Initial Contact, Loan Analysis, and Loan Approval
a formal of written document that contains the projections for the operational and financial objective of business.
Business Plan
– is the cost of borrowing money that is usually calculated as percentage of the amount borrowed. It varies depending on the financial service provider.
Interest Rate
refers to fees such as processing or service fees charged to an account for processing the loan. These charges may be invoiced separately or as part of the interest rate.
Bank Charges
is the length of time allocated for the repayment of the loan.
Loan Repayment Period
it refers to the length of time after the due date during which payment may be without penalty.
Grace Period
Give at least 5 Government agencies and government owned and controlled corporations who provide subsidies and agricultural credit.
• Sikat Saka Program (SSP) • Program for Unified Learning to Agriculture (PUNLA) • Cooperative Banks Agri-Lending Program II (CBAP-II) • Climate Change Adapt
– a non-profit group that offers broad services such as financial education, savings, loans, credit, business planning, nutrition and farm diversification plan, to develop and promote agro-enterprise in rural areas
NGO
– an association of people with common interests who have joined together to meet their social, economic, and cultural needs through a jointly-owned and democratically controlled business. Goods and services include farm inputs, farm labor,
Cooperative
privately owned or managed institutions that offers savings, current accounts, loans and insurance to farmers, fishermen and small entrepreneurs in a small community.
Rural Banks
a variety of organizations that provide small loans to low-income individuals who do not have access to banks.
Micro-Finance Institutions


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