Family farms looking for finance in Zambia
Mazabuka 1
- AreaMazabuka
- OwnershipFamily farm, Ltd.
- Farm size 800 ha with small dam and boreholes
- Farmingvegetables for export to Europe and cattle
- RevenueUSD, EUR and Zambian Kwacha
- Looking forUSD 400,000 (EUR 335,000)
- Interest rate8%
- Tenor6 years linear
- Collateral Legal mortgage over farmland and buildings
- Farm valueUSD 1,000,000 (EUR 833,000)
- Loan-to-Value40%
Mazabuka 2
- AreaMazabuka
- OwnershipFamily farm, Ltd.
- Farm size 1050 ha
- Farminggroundnuts, maize, soybeans, wheat, cattle
- RevenueUSD and Zambian Kwacha
- Looking forUSD 750,000 (EUR 625,00)
- Interest rate8%
- Tenor8 years
- Collateral Legal mortgage over farmland and buildings
- Farm valueUSD 1,200,000
- Loan-to-Value63%
Monze
- AreaMonze
- OwnershipFamily farm, Ltd.
- Farm size 1800 ha with small dam, 40 ha pivot and boreholes
- Farmingstevia, seed maize and cattle
- RevenueUSD and Zambian Kwacha
- Looking forUSD 500,000 (EUR 417,000)
- Interest rate8%
- Tenor6-8 years linear
- Collateral Legal mortgage over farmland and buildings
- Farm valueUSD 1,200,000 (EUR 1,000,000)
- Loan-to-Value42%
Chisamba
- AreaChisamba
- OwnershipFamily farm, Ltd.
- Farm size 2400 ha with 490 under center pivot
- Farmingwheat, maize, soybean, sugar beans, cattle
- RevenueUSD and Zambian Kwacha
- Looking forUSD 3,500,000 (EUR 2,917,000)
- Interest rate9%
- Tenor8 years linear
- Collateral Legal mortgage over farmland and buildings
- Farm valueUSD 6,000,000 (EUR 5,000,000)
- Loan-to-Value58%
Mkushi 1
- AreaMkushi
- OwnershipFamily farm, Ltd.
- Farm size 766 ha with 550 ha under center pivot
- Farmingwheat, seed maize, soybeans and export fruit to Europe
- RevenueUSD, EUR and Zambian Kwacha
- Looking forUSD 900,000 (EUR 750,000) wheat input finance
- Interest rate12%
- Tenor9-12 months
- Collateral Harvest proceeds around USD 1,500,000 (EUR 1,250,000)
- Farm valueUSD 6,000,000 (EUR 5,000,000)
- Existing bank loanUSD 2,500,000 (EUR 2,083,000)
- Loan-to-Value57%
Mkushi 2
- AreaMkushi
- OwnershipFamily farm, Ltd.
- Farm size 545 ha with 190 ha under pivots
- Farmingwheat, seed maize, onions and soybeans
- RevenueUSD Zambian Kwacha
- Looking forUSD 1,100,000 (EUR 917,000)
- Interest rate9%
- Tenor8 years
- Collateral Legal mortgage on farmland and buildings
- Farm valueUSD 1,600,000 (EUR 1,333,000)
- Loan-to-Value69%
Mkushi 3
- AreaMkushi
- OwnershipFamily farm, Ltd.
- Farm size 500 ha with 180 ha under pivots
- Farmingwheat, seed maize, tobacco and soybeans
- RevenueUSD and Zambian Kwacha
- Looking forUSD 1,250,000 (EUR 1050,000)
- Interest rate9%
- Tenor8 years
- Collateral Legal mortgage on farmland and buildings
- Farm valueUSD 2,000,000 (EUR 1,667,000)
- Loan-to-Value63%
