• Targeted at farmers’ cooperative societies/ farmers groups to meet their financial needs in agribusiness.
  • Product covers production, processing and marketing of Agricultural commodities (crops, fisheries, livestock etc.)
  • Maintenance of 20% in savings account to serve as collateral support.
  • Counter guarantee of members of the Cooperative Societies (Joint and several liability of members)
  • Cooperatives must be at least 6 months old with Registrar of Cooperatives.
  • Enjoy CBN Credit Risk Guarantee
  • NAIC Insurance cover on the approved amount.
  • Eligible only on current account.

  • Customer can benefit up to five times the amount saved as cash collateral.
  • Facility tenor ranges between 12 and 24 months.
  • Customers enjoys Professional advice.
  • CBN guarantee of up to 75% upon payment of 3% Credit Risk Guarantee with up to 50% interest rebate as reward to good performance