AGRICULTURAL CREDIT GUARANTEE SCHEME FUND
The Scheme provides guarantee cover (up to 75% of any outstanding balance upon default) in respect of loans granted to the agricultural sector by banks and also has a farmer-friendly scheme called “Interest Drawback Program” (IDP) of up to 40% interest refund upon liquidation of the facility.
Target
General Requirements
STERLING AGRICULTURAL INPUT SCHEME
This product is intended to offer credit facilities to Nigerian Agro Input Dealers (Seeds Companies and Fertilizer Agro Dealers) under the Federal Ministry of Agriculture Transformation Agenda.
Target
This product is targeted at Agro Input Dealers in Nigeria who are engaged in the distribution of Farm Inputs such as Fertilizers and Seeds. They must be registered on the Cellulant Platform and assigned codes and National Seed Council (NASC) of the Federal Ministry of Agriculture and Rural Development.
General Requirements
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