NIRSAL Loan Application Enrollment 2020: Enroll into Nirsal’s Agro Geo Cooperative for Dry & Non Dry Season ABP loan
Do you want to enroll with NIRSAL Loan Application? Do you want to apply for NIRSAL Loan 2020? Are you a farmer and you need nirsal loan for your farm? The opportunity is here now as the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc is currently accepting applications for enrollment into Nirsal’s Agro Geo Cooperative (AGC) for Dry and Non-Dry Season ABP Loan. This platform will help to finance all that enrolled into the programme as far as they registers and were successful. SEE FULL DETAILS BELOW
Nirsal is a non-bank financial institution wholly-owned and incorporated by the Central Bank of Nigeria (CBN) to De-risk Agriculture and Facilitate Agribusiness.
NIRSAL is calling on all smallholder farmers (2020/2021 Dry Season) farmer leaders and aggregators to key into its Agro Geo Cooperative model created for the purpose of sustainable farm/field structuring and governance, to enable sustainable access to finance, quality inputs and structured markets through NIRSAL’s facilitation.
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Nirsal loan exercise aims at creating 16,000 Agro Geo-Cooperatives (ranging from 10 hectares to 20,001 hectares and above) on 4 million hectares of farmland and enrolling about 8 million farmers across Nigeria who are expected to produce about 12 million metric tonnes of Grain Product Equivalent (GPE) annually over the medium to long term.
The NIRSAL Agro Geo-Cooperative® IAGC) model recognizes that it is the land that makes the farmer; hence, No land No farmer! Accordingly, the model groups farmers based on the contiguity of their farmlands, with each farmer retaining what is originally theirs and becoming partakers in large, structured farming projects. The bigger and more contiguous an Agricultural Geo Cooperative is, the faster and easier for it to have access to structured finance, quality inputs, and structured markets through NIRSAL Loan application.
While there have been many enrolments into NIRSAL’s AGCs across the country, more Rice and Wheat farmers, farmer leaders and aggregators are particularly encouraged to sign up according to the categorizations below:
In line with this, others that meet NIRSAL PLC’s eligibility requirement and who are domiciled in or have access to their communities and farmers, are encouraged to take advantage of this opportunity means as employment and a source of income generation through supporting the productive activities of their self-organized Agro Geo Cooperatives.
A review of the applications received following the earlier call for enrollment into NIRSAL‘s AGCs indicated the need to make a specific call for:
Accordingly. NIRSAL PLC has trained and primed its Project Monitoring, Reporting and Remediation officers (PMOs) in the 36 States of the Federation and the FCT to assist farmers, farmer leaders, aggregators and ether interested participants to meet the following pm qualification requirements for the dry season and non-seasonal commodities:
III. Know your Consumer (KYC)
How to do the online enrollment: Visit: www.nirsal.com
There is no specified closing date yet.
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I wish to apply for the loan amounting to #1000000 to expand my agricultural project.