Banco Terra, SA

Banco Terra, SA, a commercial bank, provides banking products and services to rural and peri-urban population of Mozambique. The company primarily focuses on the needs of small and medium enterprise customers with businesses operating in food, agriculture, services, and others related to manufacturing. Its deposit products include current and savings accounts. The companys lending portfolio comprises working capital finance; overdraft facilities and bank guarantees; long-term funding for capital expenditures; interbank transferences by SWIFT; consumption, car, and housing loans; and funds to institutions providing micro finance, as well as public employee loans for bicycles and motorbikes. It also supports various sectors of the food value chain, including commercial farmers and start up ventures, as well as finances input suppliers, traders, exporters, mills, and related players. The company was founded in 2007 and is based in Maputo, Mozambique.