James Wabala, John Deere's Credit Alliance Manager for East Africa, walks through how to buy a tractor through partner banks. The process moves from dealership visit to financing approval to getting the machine on your farm.
Jambo everyone, my name is James Wabala, I'm the Credit Alliance Manager for East Africa and.
Also I hold responsibility for global trade finance for Africa.
From John Deere financial, this is how the process works.
The first place is you visit the dealership, see the machine and once you have settled the tractor model agreed on the cost of the price of the tractor, you will refer you to any of our three partner banks. Within three days, if all the documents are in place, you will get a decision from the bank and from there an offer letter will be sent to you which you need to sign in terms of accepting and take it bank to the bank. The dealer will also get a notification to confirm that your application was approved and he will start the process of preparing your tractor.