Life is like sugar cane, the more care you give, The sweeter it becomes
This loan product was designed specifically to assist our sugar cane farmers to achieve higher yields from their sugar cane production, and assist them to become financially stable.
Sugar Cane Replanting Program
Purposes For This Loan
Land preparation
Machinery rentals
Purchasing of seeds
Planting of seeds
Purchasing and application of fertilizers
Purchasing and application of herbicides
Purchasing and application of insecticides
Purchasing and application of other inputs
Machinery rentals
Purchasing and application of fertilizers
Purchasing and application of herbicides
Purchasing and application of insecticides
Purchasing and application of other inputs
Requirements To Qualify
Be a registered Sugar Cane Farmer
Have or be willing to open a business account with LICU (See New Account requirements)
Assign your Sugar Cane Proceeds to LICU
Have a good credit and savings history with LICU or other financial institutions.
Obtain a verification form from SIRDI
Certification Letter from your respective association
Must have a minimum of 10 % of requested amount in shares.
Marketable collateral to minimize exposure as per the risk rating sheet. (If needed)
Benefits Of This Loan
Yearly Dividends and Rebates
Free Loans Coverage up to $15,000
Grow your yields and income
Guidance in creating and income and expense.
Reduced interest rates and service charges
Low cost for field inspections
24 hours ATM Services
24 hours Depository Bin Services
Repayment Calculator
Note: This is an approximate estimation and is subject to change. You will know the actual monthly repayment amount when you meet with a Credit Advisor.
Start the loan process
Some Restrictions Apply