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    TADB

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    TADB

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    © All Rights Reserved
    Download as PDF or read online from Scribd
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    405 views1 page

    FullSizeRender 48

    Uploaded by

    Anonymous iFZbkNw
    TADB

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    of 1
    TANZANIA AGRICULTURAL DEVELOPMENTAANK(TARBY 8 BS He LE Be Tastala Aviat Development Bask SMALLHOLDER FARMERS CREDIT GUARANTEE SCHEME (SCGS) Me Eas a nea) SCR a te MCU AL EL En tate LeU LOU se dla eo) Lo Introduction Tanzania Agricultural Development Bank (TADB) is an apex Development Finance Institution, wholly owned by the Government ofthe United Republic of Tanzania. TADB was established to foster delivery of shor, medium and long-term credit facilities to develop the agriculture sector in Tanzania. The goals ofthe bank ate to bring transformation of ‘Smaltholder Farmers from subsistence to ‘commercial farming and to aan sustainable food set-su ‘and food security in the county TADB is also providing policy advocacy and catalyze other Financia, Institutions to lend to the agriculture sector, 2.0 Smaliholder Farmers Credit Guarantee Scheme (SCC5) The Government ofthe United Republic of Tanzania has provided funding to establish 2 new guarantee scheme for leans to agriculture sector \e. Smaltholder Farmers Credit Guarantee Scheme (SCGS), Further, the Government has appointed TADS to be the administrator of the SCCS, iclency ‘The SCCS is an individual guarantee scheme for agriculture loans ‘extended to Smalholder Farmers by the Eligible Banks (EB), The guarantee to EB is aimed at covering fifty percent (50%) of the Principat oan defauited by the borrowers, after the EB has followed the procedure laid down inthe guarantee framework Under this Scheme, the SCGS shall provide guarantees to selected Financia stitutions trom the EB The guarantee scheme srves 0 mitigate the credit isk of undertyng loans extended to agriculture sector and catalyze Financial Institutions to tend t© Smalinoider Ferme inthe country. SCGS wil be olled-ou fr implemecation foliowing the publication of his Call for Expression of Interest. 43.0 igtble Banks (EB) ee EBs wil be selected on basis from among the ‘censed Commercial Banks in Tanzania which meet among, others, the folowing basic tea: Commercial Banks licensed under Banking and Financ Insteations Ac + Compliance with allegations and prudential norms stipules by the Bonk of Tanzania, + Banks must have 2 eee toans to Smatholder Famers. '* Up to TZS. 500,000,000 in case of smaltholder farmers’ ptt or se ef tine Heh eee) '5.0 Application procedure Eligible Financial institutions interested to partner with SCGS shall submit applications to TADB. Information Requirements 1. Application eter from the Financial Inetituton/Eligble Bank. |i. A narrative of creat granting process trom the Financiat Institution (eg. credit pale) fi, Latest Audited Financa Statements. jv, Projection of loans to Smalholder Farmers forthe next si months, Business Plan Template. Template for ths submission wil be Provided by TADB on request through email to sces@tadb.cotz, All applicants must fil and submit the Business Plan Template Applicants may send questions to the TADB regarding this Call for Expression of Interest or the nature and features ofthe Guarantee. ‘ADB shall analyze such incoming questions and may publish from time to time the resulting answers in the form of FAQ (Frequently ‘Asked Questions. {6.0 Submission of Expression of Interest (EO!) The Expression of Incerest shall be submitted by (i) email or (i)

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