Equity Bank South Sudan To Loan Willing Farmers

This article was last updated on April 16, 2022

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“They have their conditions for any farmer who would like to get loans for agricultural development in any of their branches in South Sudan. The farmers will be directed to the economic section and the bank will go through the requirements that they have set and if the farmer qualifies the conditions the process will go on,” Achan emphasized.

The Minister added that Equity bank is one of the banks that the Ministry is in negotiations with to support farmers, apart from the other commercial banks that United States Agency for International Development (USAID) is dealing with in relation to funding Agricultural projects.

Equity Bank commenced business on registration in 1984 in Kenya. It has evolved from a Building Society, a Microfinance Institution, to now the all inclusive Nairobi Stock Exchange and Uganda Securities Exchange public listed Commercial Bank.

With over 6.3 million accounts, accounting for over 57% of all bank accounts in Kenya, Equity Bank is the largest bank in the region in terms of customer base and operates in Uganda and South Sudan and Rwanda.