Nerpo Financial Services
NERPO Financial Services was incorporated in 2000 and has been involved in Agricultural Finance ever since. It is an industry leader in Agricultural development finance and has been involved in providing sustainable broad spectrum financial services to emerging farmers including credit, financial advice, short and long term insurance. It has good and sound financial management and has implemented and managed some of governments programme including Mafisa. The systems, expertise and capacity within the company can handle projects of any magnitude. There is no doubt that NERPO Financial Services will be able to deal with the financial management aspect of the programme and the human resource capacity includes chartered accountants, group accountants, bookkeepers, investment bankers and insurance managers.
We are accredited with the National Credit Regulator (NCR) and the registration number is: NCRCP2393 and we are also registered as a Financial Services Provider with the Financial Services Board (FSB) and the registration number is FSP44145.
To be an industry leader in Agricultural Development Finance
To run a profitable agricultural financial services company that maintains a steady growth for the benefit of its shareholders
- To ensure institutional capacity building of the Company in terms of itís infrastructure for efficiency and human resources that is committed and competent to provide the best service.
- To provide not only credit facilities to emerging farmers but also an aftercare support that guarantees business success of our clients.
1. NERPO Livestock Credit Scheme
NERPO Livestock Credit Scheme is a livestock commodity based credit scheme which is aimed at providing credit to emerging livestock farmers for the purchase of any type of livestock, animal feed & medication, farm machinery and infrastructural improvements, as well as any form of enterprise development within the livestock value chain.
What is the difference between NERPO Livestock Credit Scheme Loans and other loans that are offered by other banks or financial institutions?
(a) NERPO Livestock Credit Scheme interest rate is fixed at eight per centum (8%), making it the most affordable agricultural finance in South Africa.
(b) NERPO Livestock Credit Scheme Loans are specifically tailor- made for the livestock industry, hence the terms and conditions of the loan takes into consideration all factors that affect the livestock industry.
(c) The approval process of NERPO Livestock Credit Scheme Loans involves your local commodity association. In other words, your application is recommended by your fellow farmers in your area.
2. NERPO Farm Machinery and Infrastructure Credit Fund
NERPO Farm Machinery and Infrastructure Credit Fund is a credit line that provides emerging farmers with finance for infrastructural development in their farms. These include both fixed improvements and general farm machinery.
What is the interest rate of NERPO Infrastructure fund?
The interest rate is fixed at 4%.
What type of Infrastructure can be financed by this fund?
- Farm Machinery and Implements
- Fixed Improvements eg. sheds and storage houses
- Irrigation, Boreholes and Water resevoirs
- Fencing and Handling facilities
|Minimum Limit||R10 000|
|Maximum Limit||R1 000 000 depending on the security offered and the amount the client qualifies for.|
|Term||From 5 to 60 months|
|Security||The Financial items will form part of the security/collateral|
PDI (Previously Disadvantage Individuals)
Access to Farming Land
Clean Credit Profile
Business Plan and/or Audited Financial Statements