Objective

This is a secured loan that allows flexibility for the investment and
also the personal needs of the growers in accordance with Act for a
longer term. The investment includes acquisition and improvements
of the farm, acquisition, and repairs for plants and machines in the
main. The whole of objective of the product is to improve the
livelihood of the growers and the sugar cane industry as a whole.
The security includes but is not limited to Mortgage over the
farmlands and Security Agreements (now replaced with Crop lien and
Bill of Sale]. The repayment is not entirely on the cane proceeds
however 50% of the repayment is to be met from the cane farm

Limit

Max $50,000.00 and above is referred to the Board of SCGF or as per
Operational Limit and Authority Policy

Purpose

Acquisition and improvements of the farm, acquisition and repairs
for plants and machines, planting for Sugar Cane, Repair of Farm
Equipment, House Repairs, Personal Needs such as Education,
Medical, Funeral, Wedding Expenses, Drainage and Road upgrades,
Weedicide Purchases, Borehole Drilling Expenses and Purchase of
Working Bullocks and Horses, and any other needs that fall within
the provisions of the Act.

Eligibility

The interest rate to 4.5% for 12 months and 6% variable per annum
.and is subject to change from time to time with advance advice to the growers.

Term

Maximum Term of 15 Years and to be fully paid 5 years before lease
expiry.

Repayment

Annualized Repayment is deducted from the cane payments received
from FSC and in addition., other income like direct deduction from
sources or banks to be taken. 100% of the cane payment will be
utilized in the repayment and other shortfalls from another definite
source.

Security

Mortgage over Farm Land, Security Agreement over Farm Crops,
Security Agreement over Farm Chattels (tractors, trucks, implements)
where needed with Insurance, Personal Guarantees and
Irrevocable Authorities.