A great value housing loan for all your property needs
What is a Cropping/Plantation loan?
Cropping/Plantation Loans are made for the lending of mainly small amounts for land and crop developments. We will spend time with you to, providing careful guidance to support your loan appraisal and project supervision.
Why go with us?
Tonga Development Bank’s Cropping and Plantation loan has:
|Cropping and Plantation
|All items owned by the borrower. The BSV to be equal or more than 1.0x with mortgage of 1.5x without mortgage
|For $5,000 48 months
|Repayment Percentage Salary Deduction
|By cash though Salary Deduction is preferable. Normally, 50% salary allowed for repayment of loan, 60% can be considered dependi
|Can be charged to account.
|Must be paid according to approved development plan stated in loan agreement
Eligibility Guideline – Applicants
Applicants considered under this Sector should: