AgLeaseCo (Agricultural Leasing Company Zambia Limited)

AgLeaseCo is an asset finance leasing company licensed by the Bank of Zambia. It addresses the need for mechanization among small holder and emergent farmers as a means to better the livelihood of Zambian farmers and the country at large. Its footprint extends across all 10 provinces of Zambia. The company is supported by the German government and partnered with KfW and AATIF. It offers affordable and flexible financial leases to developing farmers to enable them lease agricultural equipment and implements such as: tractors, tractor implements, irrigation and other agricultural machinery. It works with 5 suppliers namely: SARO, TATA, GROWMORE, FES and CAMCO. AgLeaseCo was established in December 2017 and has so far mechanized over 1000 farmers. It promotes mechanization in an effort to reduce the reliance on animal draft power and human effort in order to increase quality of farming produce and overall productivity. The business is conducted in a professional and ethical manner. It ...