What is Agricultural Funding?
Defines agricultural finance as a subset of rural finance dedicated to financing agriculture-related activities such as inputs, production, storage, processing, and marketing of goods.
Where Can I Get Agricultural Funding In South Africa?
Micro Agricultural Financial Institutions of South Africa
MAFISA is a scheme that addresses the financial service needs of smallholder farmers and agribusinesses, providing capital loans to enhance agricultural activities.
Eligible candidates must have an enterprise with a positive credit history and can show their ability to repay the loan.
How to get funding for farming in South Africa?
Applicants who want to farm may apply for an LRAD grant but have to contribute, either in cash or in labor, to a minimum of R5 000 – more if the grant is larger. Grants vary from a minimum of R20 000 to a maximum of R100 000. Individuals or groups may apply.