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Agriculture Loan
Agriculture Loan In alignment with Lebanon’s ever-giving nature, Fransabank, in collaboration with the Lebanese Ministry of Agriculture, offers you its pioneering Agriculture Loan. The Agriculture loan gives you the adequate funding and the capital needed to invest and expand your agribusiness project!  
What do you get?
  • Currency: LBP
  • Loan amount: between LBP 3 million and LBP 25 million
  • Interest rate: 5%
  • Grace period: up to 3 months
  • Repayment period: between 3 and 48 months
What are the eligible agri-businesses?
  • Planting of fruits, vegetables and all plants
  • Poultry
  • Bee raising and production of honey
  • Livestock and production of related products
  • Fishery
  • Manufacturing of agricultural products, plant and animal foodstuff

Offers from Fransabank:
  • Exemption from files fees
  • Free life insurance covering all the loan amount
  • Free credit card

Offers from the Ministry of Agriculture:
  • Agriculture and environmental consultation
  • Assistance in the preparation of the action plan or the technical and financial feasibility study on the project
  • Laboratory tests (soil, water, crops ...)
  • Advice on compliance with quality standards, traceability and labeling and their importance to internal markets and to export
  • Guidance in the selection of seeds and seedlings, fertilizers, equipment, irrigation systems and drainage
  • Follow-up on projects and their outcomes

How does it work?
To qualify for the Agriculture Loan:
  • You should be of Lebanese nationality
  • Your age should range between 21 and 64 years at loan maturity What are the guarantees needed?
  • If the loan amount is up to LBP 15 million: Equitable mortgage and personal guarantor
  • If the loan amount is from LBP 15 to 25 million: Mortgage and personal guarantor

How can you repay your loan?
  • Through equal monthly installments that can reach up to 33% of your monthly income



Required Documents

Personal Documents
  • Questionnaire detailing the borrower profile and the agricultural project undertaken
  • Copy of identification card
  • Copy of family civil extract
  • Proof of residence such as mayor certificate, electricity, telephone, or water bill
  • Copy of medical insurance card or NSSF card
  • Application form
Employement-Related Documents
Employed

  • Authenticated salary certificate

Self-Employed

  • Declaration of revenues & expenses
  • Bank's statement of accounts for the last 2 years
  • Copy of company's circular
  • Balance sheet for the last 2 years
  • Tax sheets if any
Docs related to plot
  • Copy of title deed
  • Real estate certificate
  • Real estate certificate for the common parts

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