Livestocks Development

Purchase some livestock so that they can work for you

What is a Livestock Development loan?

Finance is made available so that suitable farmers can purchase livestock. However finance can only be made available for an income-generating project. In each case it must be established what the plan is for the livestock to be purchased and that sufficient funds and/or already existing facilities are available to control the animals.

Why go with us?

Tonga Development Bank’s Livestock Development loan has:


8.50% pa

interest rate

Livestock development
SecurityAll items livestock purchased by loan funds plus others. Mortgage to be taken whenever possible.
Term$5,000 36 months
Repayment Percentage Salary DeductionSalary deduction preferred. Normally up to 50% of income.
FeesCan be charged to account.
DisbursementDirect to supplier where necessary or according to agreed draw down schedule.
Borrowers ContributionAdequate, either cash deposit or sweat equity towards total project cost.
CRR A8.50% pa
CRR B9.00% pa
CRR C10.00% pa

Applicants considered under this Sector should: