As an agricultural business owner, you can be a beneficiary of the CACS N200 billion Fund. This facility was established by the CBN and Federal Ministry of Agriculture to fast track the development of the agricultural sector in Nigeria by giving loans support to businesses like yours.
Maximum obligor limit is N2 billion for medium and large scale private sector enterprises while there are no limits for state governments.
APPLICATION DEADLINE:
On going
ELIGIBILITY:
- Medium or Large Scale Commercial Farms involved in cultivation of crops, rearing of livestock, fisheries, etc.
- Limited Liability Companies involved in agricultural production, storage, processing, marketing and enterprise development.
- State Governments and the FCT (for on-lending/special intervention to small scale farmers).
BENEFITS:
- Single digit interest rate (9% all-in, max).
- This fund is available till 2025.
APPLICATION:
View official Website Here for Application and further information.
Kindly subscribe to our telegram channel to get more updates
