In terms of the approval conditions, Senwes is required to extend material financial assistance to black farmers.
Senwes will therefore once again provide production loans to black farmers to the value of at least R20 million for the upcoming season.
Senwes is committed to providing production loans for, but not limited to, grain and cattle farming to qualifying black farmers in terms of, and subject to, the group’s credit policy and accompanying qualifying criteria.
In this regard, Senwes will extend finance to qualifying farmers on commercial credit terms. This includes payment of interest, security requirements, fixed repayment terms, and other conditions.
Applications will be limited to people farming in the Senwes and Suidwes (Free State, Gauteng, Northwest, Northern Cape) operational areas.
Black farmers interested in applying for credit for the 2022/23 summer production season can contact Julias Ramohlabi on or before 17 September 2022.
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