Agleaseco (agricultural Leasing Company Zambia Limited)

What Agleaseco (agricultural Leasing Company Zambia Limited) does

AgLeaseCo (Agricultural Leasing Company Zambia Limited) is a Lusaka-headquartered Non-Bank Financial Institution that finances agricultural equipment for unbanked small scale and emergent Zambian farmers cultivating between 0.5 and 100 hectares. Licensed by the Bank of Zambia since December 2017 and co-owned by KfW Development Bank and the Africa Agricultural Trade and Investment Fund (AATIF), funded indirectly through Germany's BMZ, AgLeaseCo addresses a market segment in which roughly 80% of Zambia's 900,000 registered smallholders are excluded by traditional banks due to lack of bank accounts, formal collateral, and business documentation.

The company offers a single core product — the Agricultural Equipment Finance Lease — covering the full value chain including irrigation, land preparation, sowing/planting, weeding/spraying, harvesting/threshing, and storage. Equipment is sourced from supplier partners including AgriWes, Camco, FES, Growmore, TATA, and SARO. The product is structured with a fixed 28% per annum rate on local-currency leases and tenor of 24–60 months, materially below the 120%–180% charged by local micro-finance institutions for comparable segments. The core technology is described as a finance lease platform; no AI/ML capabilities are evidenced in the source material.

AgLeaseCo distributes exclusively through Field Teams deployed in seven of Zambia's ten provinces, with no intermediaries, resellers, or digital channels. Since inception the company has served over 1,300 farmers, mechanized nearly 38,000 hectares, achieved yield improvements of 40%–160% on financed cultivations, and maintained impairments at a steady 1.2% of total collectable across four seasons. Revenue is generated primarily through interest income on finance leases; employee count sits in the 11–50 range.

Name

Agleaseco (agricultural Leasing Company Zambia Limited)

Legal name

Agricultural Leaseing Company Zambia Limited

Website

https://agleaseco.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

AgLeaseCo is a Bank of Zambia-licensed Non-Bank Financial Institution that provides fixed-rate (28% p.a.) agricultural equipment finance leases to unbanked small scale and emergent Zambian farmers cultivating 0.5–100 hectares, operating via field teams in seven of ten provinces.

Ownership category

akta.pro rank

Product category

Agricultural Equipment Finance Leasing

SIC

Services-Equipment Rental & Leasing, Nec (7359)

akta.pro industry

PRIMARYAFACAJAJ

Asset, Fleet & Maintenance Management Advisory (Equipment/Facilities)

Agriculture & Food Production/Agricultural Services (Custom Farming, Agronomy, Veterinary)/Farm Management & Operational Advisory Services

SECONDARYAFACAJAN

Capital Projects & Farm Expansion Advisory (Feasibility, Site Planning, ROI)

Agriculture & Food Production/Agricultural Services (Custom Farming, Agronomy, Veterinary)/Farm Management & Operational Advisory Services

Keywords

• Agricultural equipment leasing
• Farm mechanization finance
• Asset finance leases
• Smallholder farmer financing
• Non-bank financial institution

Headquarters

HQ city

Lusaka

HQ country

Zambia

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Agricultural Finance Leasing: AgLeaseCo generates revenue through fixed-rate finance leases on agricultural equipment. The company charges a fixed rate of 28% per annum on local currency (LCY) leases, with tenor options between 24 and 60 months depending on equipment type and cashflow generation. This differs significantly from micro-finance institutions charging 120%-180% per annum.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

AgLeaseCo provides fixed-rate agricultural equipment finance leases to small scale and emergent farmers in Zambia cultivating 0.5 to 100 hectares. The lease finances equipment across the entire agricultural value chain — irrigation, land preparation, sowing/planting, weeding, spraying, harvesting, threshing, and storage — at a fixed 28% per annum rate over 24 to 60 month tenors, designed specifically for unbanked farmers without bank accounts, formal collateral, or business plans.

Product overview

AgLeaseCo is a Non-Bank Financial Institution (NBFI) providing agricultural equipment finance leases primarily to small scale and emergent farmers cultivating 0.5 to 100 hectares. The company operates a single core product offering: the Agricultural Equipment Finance Lease, which finances equipment across the entire agricultural value chain including irrigation, land preparation, planting, crop care, harvesting, and storage. Equipment is sourced from supplier partners including AgriWes, Camco, FES, Growmore, TATA, and SARO. The product is structured with fixed-rate financing (28% per annum) and flexible tenors of 24-60 months, designed specifically for farmers who lack access to traditional banking services.

Differentiator

Problem solved

Functional benefit

Products and services

• Agricultural Equipment Finance Lease Traditional finance lease providing small scale and emergent farmers (cultivating 0.5 to 100 hectares) access to agricultural equipment including irrigation, land preparation, sowing/planting, weeding/spraying, harvesting/threshing, and storage solutions. Lease tenor ranges from 24 to 60 months with a fixed rate of 28% per annum in local currency, with no exchange risk passed through to the lessee.

Quantifiable outcome

• Yields on mechanised cultivations increased by between 40% and 160%
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/agleasceco-agricultural-leasing-company-zambia-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agleaseco (agricultural Leasing Company Zambia Limited)