To be eligible for this loan, you must be a Nigerian citizen, non-citizen national, or legal resident of Nigeria. You must be an agricultural producer or family farmer and must have experience in farm business operations for at least three years prior to the application submission.

 

You must also meet all of the following:

•Have a satisfactory history of meeting credit obligations, and valid means of identification and BVN.

•Be unable to obtain credit elsewhere at reasonable rates and terms to meet actual needs.

•Have legal ability to incur loan obligations.

•Be the owner-operator of a family farm after loan closing.

Applicants are automatically not eligible if either of the following applies:

Delinquent on a debt, or have outstanding obligations to settle with a financial institution.