Cost Plus (Murabahah) SME Finance
Agricultural finance – through this product, the financing needs of Small and Medium Enterprises and businesses are catered for. Here, we put small farmers, traders, small businesses in cooperative clusters and finance their working capital needs for their businesses to prosper. A feature of agricultural finance is that each cluster cooperative cross guarantees another to ensure performance and results. Here, the working capital needs such as machinery, raw material etc is purchased and sold to the SME using cost plus profit finance and payment at a deferred date. This is achieved in installments or in bulk at a mutually agreed date and time.