FOREX MARKET :
22nd January 2019
We are Tanzania's Farmers Bank
A state-owned development finance institution (DFI) established as an apex national-level bank for agricultural development in Tanzania.
In efforts to bring about economic growth and poverty reduction in Tanzania, the Government has taken various steps to accelerate transformation of the agricultural sector, which employs over 75 per cent of the country’s workforce and accounts for over 65 per cent of raw materials for local industries.
The establishment of the TADB in order to be an apex national-level bank with the key role of being a catalyst for delivery of credit facilities for development of agriculture in Tanzania as well as to achieve food self-sufficiency and security, economic development and poverty reduction.
Featured Loan Categories
Short Term Loans
This covers all loans extended for a period of up to 24 months for the purpose of financing short term loans requirements
Loans under this category covers pre and post-harvest financing requirements, accounts receivables, inventory finance, asset finance and other financing needs for all bank selected agriculture value chains. Meeting all costs related to agriculture production such as preparation of farms, seeds, fertilizer and harvesting and marketing of agriculture commodities.
Medium Term Loans
Provision of loans to various financial intermediaries and farmer groups for both pre and post-harvest activities.
This covers all loans extended for a period of two years (24 months) to five years (60 months) for the purpose of financing medium term loan requirements such as farm expansions, new seed or livestock breed varieties, asset finance, infrastructure finance and other medium term loan needs for addressing financing gaps in the agriculture value chains.
Long Term Loans
This covers all loans extended for a period of five (60 months) to fifteen (180 months) years for the purpose of financing long term loan requirements.
Loans under this category covers financing long term loan requirements such as asset finance, infrastructure finance, farm expansions, and other long term financing needs for addressing financing gaps in the agriculture value chains. The longer tenor is intended to cover long term agriculture investment projects with longer payback period.
Committed to strengthen
agriculture financing value chains
Our overall objective is to be a national level bank for the agricultural sector that facilitates transformation of agriculture from subsistence to commercial in order to effectively and sustainably contribute to economic growth and poverty reduction.
Integrity
Innovativeness
Teamwork
Proffesionalism
Check out the list of our most frequently asked questions that address some of the issues regarding how we work.
Currently, Tanzania's Agricultural Development Bank offers loans to groups already having land and engaging in agricultural activities. Thus, we advise people who are interested in economic development through agricultural activities work hard to find and own suitable areas for the relevant activities.
Unlike other commercial banks, TADB is an apex policy financial development institution which has the responsibility to implement Government policies in facilitating availability of concessional loans to the agriculture sector development.
The Bank facilitate the transformation of agricultural sector in collaboration with the government to create good policy and enabling environment that will encourage banks and other financial institutions to invest in agriculture.
Tanzania Agricultural Development Bank Tanzania is a Financial Development Institution (DFI) which is not mandated to undergo retail operation like deposit, withdraw and other like transaction. TADB customers receive service in their own commercial banks in which TADB cooperate with.
The Tanzania Agricultural Development Bank issues loan based on the actual requirements of the project based on the Application and Business Plan submitted by the respective client. Thus, the amount of the loan will depend on the detailed analysis of the loan applications and the ability to repay, hence no specified minimum loan maintained to farmers application.