HomeAgricultureMAFISA

Micro Agricultural Financial Institutions of South Africa

MAFISA Microloan

Smallholder producers Up to R500,000 Fixed 8% rate Via retail intermediaries
Micro-creditWorking capitalSeason-linkedLand Bank-managed

Why MAFISA exists

Smallholder farmers need short-cycle working capital — enough for seed, fertiliser, chicks, or fencing this season — but they typically cannot access commercial agricultural credit. Cheque sizes are too small, land title is often communal, and repayments must be tied to the harvest calendar. MAFISA is Land Bank's wholesale facility built for that gap. It lends through accredited retail intermediaries so a farmer applies at a familiar local counter, not at a Land Bank branch office.

The numbers you plan around

R500k
Loan ceiling
8%
Fixed annual rate
12 mo
Short-cycle max
60 mo
Medium-term max
R100k
No-collateral cut-off
10%
Typical own contribution

Two term shapes

Short-cycle

Up to 12 months

Working capital for a single production cycle. Draw down at planting, repay from harvest sales. Best for seasonal input purchases (seed, fertiliser, spraying, seedlings, chicks).

Medium-term

12 to 60 months

Small capital purchases with a longer payback. Used for water pumps, small tractors, cold-chain refrigeration, greenhouse tunnels, and mainline irrigation.

Accredited retail intermediaries (2026)

You apply at one of these financial intermediaries, not directly at Land Bank. Each covers specific provinces or commodity groups.

SIZWE Financial Services
National footprint
Ithala Development Finance
KwaZulu-Natal
Isibonelo Financial Services
Free State, Eastern Cape
Umtiza Farmers Corp
Eastern Cape
Free State Development Corporation
Free State
GAPP Financial Services
Gauteng, North West
Nozala Development Finance
Limpopo, Mpumalanga
National Emergent Red Meat
Livestock / red meat sector

Typical MAFISA loan uses

  • Certified seed and seedling packs
  • Fertiliser and lime
  • Day-old chicks and feed
  • Cattle vaccines and dosing
  • Boundary and camp fencing
  • Small pumps and pipes
  • Diesel and paraffin bulk fills
  • Casual labour during planting or shearing

Who qualifies

  • Smallholder or emerging farmer with an active plot or livestock enterprise
  • At least one full production cycle of experience (own or family-managed)
  • Written production plan and simple cash-flow projection
  • SA citizen or permanent resident, aged 18 or older
  • Not currently delinquent on any Land Bank or state agricultural facility

Where to reach MAFISA

Land Bank MAFISA desk: 012 686 0500. Programme overview and intermediary directory at landbank.co.za/mafisa.

Last verified: 15 September 2026Source: landbank.co.za/mafisaReviewed by grantZA Editorial
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