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.