Senwes expands commitment to finance emerging black farmers

  • 28 August 2020
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Senwes will accordingly provide production loans to emerging farmers to the value of R 20 million annually, in terms of its credit policy. These loans will be allocated over a period of three years and will amount to R60 million in aggregate.

Senwes is accordingly committed to providing production loans for grain and cattle farming to qualifying black farmers in terms of, and subject to, Senwes’ credit policy and accompanying qualifying criteria. Finance in this regard, will be extended to qualifying farmers on commercial credit terms (payment of interest, security requirements and fixed re-payment terms, etc). Applications will be limited to farmers who are farming in the Senwes and Suidwes operational areas.

Farmers who are interested in applying for this product for the current 2020/21 summer production season can contact Julias Ramohlabi at Senwes on 018 464 7300 on or before 30 September 2020.  Enquiries made after this date will be accommodated in future production seasons.