Namibia: Agribank Offers Collateral-Free Loans to Farmers

17 January 2018

Rundu — Agribank CEO Sakaria Nghikembua says that looking at the agricultural bank's loan book it is quite clear there is a lot that Agribank needs to do for all farmers in the country, more specifically for farmers in communal areas and specifically the northern communal areas (NCAs).

Nghikembua was speaking at the Namibia National Farmers Union of Namibia (NNFU) stakeholders' engagement meeting that was held in Rundu last Thursday. He said that the loans that the bank has extended to farmers is about N$2.6 billion.

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