CBN Agricultural Credit Guarantee Scheme Fund Application – This is an initiative of the federal government to empower farmers. Step by step guide on how to apply for CBN Agricultural Credit Guarantee Scheme Fund, Apply here
The Agricultural Credit Guarantee Scheme Fund was established by decree No 20 of 1977 and began operation in 1978. Its original share capital and paid-up-capital were N100 million and N86.9 million respectively. The federal government holds 60%, and the central Bank of Nigeria has 40% of the shares.
The capital base of the scheme was increased N3 billion in March of, 2001. The funds guarantee credit facilities extended to farmers by banks up to 75% of the amount in default.
READ – Nirsal Microfinance Bank (nmfb) CBN Loan – List of Loans You Can Apply
CBN Agricultural Credit Guarantee Scheme Fund – Application can be done under two categories. The two categories are the standardized platform to apply for the Agricultural Credit fund.
Agricultural Credit Support Scheme (ACSS)
This is the first category the application can be done. Agricultural Credit Support Scheme is verified for robust application process. This also is an initiative of the federal government and the central bank of Nigeria. This is made achievable due to the support and participation of active banks committee.
This was birthed for farmers to exploit the untapped potential of Nigeria Agricultural sector. A whooping sum is available for farmers to access under this category.
READ – Federal Government AFJP Farmers Grants 2021/2022
Under this category, the Central Bank, partner Nigeria federal ministry of Agriculture and water resources and make funds available. Abundance funds are available for Nigeria Agricultural sector for farmers to access. The Agricultural value chain is stronger and better as a result of commercial Agricultural credit scheme.
READ- NG CARES Covid-19 Loan /Grant 2021
The application form is made available under several Scheme at any branch of participating banks nationwide and FCT. Application are access under these viz;
- . Application for credit facilities
- . Application for guarantee
- . Application for Enhancement
- . Application for Extension
- . Notice of default
- . Guarantee claims
- . Annual returns
Interested applicants can visit any participating and apply or click the link to apply.
Recommended Article
Federal Road Safety Corps (FRSC) Recruitment 2021 (recruitment.frsc.gov.ng)
SPIE Oil & Gas Services Recruitment | Employment Opportunities
Airwater Cargo Services Limited Recruitment 2021 | Latest Job Openings
Tertiary Institutions Entrepreneurship Scheme 2021/2022 Loan – CBN TIES Loan
Development Bank of Nigeria Entrepreneurship Training Program 2021
FRSC Recruitment 2021/2022 Application Form Portal
FHI 360 Recruitment Application Form Portal 2021/2022
Federal Government Recruitment : Latest Job Openings
Mudiame University Recruitment of Academic and Non-Academic Staff : Latest Job Openings
Federal Government of Nigeria/UNDP Jubilee Fellowship Programme 2021 for Young Graduates
Flour Mills of Nigeria Plc Recruitment Application Form Portal
Murtala Muhammed Foundation (MMF) Recruitment 2021 | Career Opportunities
How To Confirm If your Npower biometric Is Successfully captured Nasims Portal
Deadline for Npower Batch C Biometrics Fingerprint Verification
How to Resolved Npower Login Issues Fingerprint Verification for Batch C Biometrics
How to Install Nasims Npower Biometrics Software On Your Device
Npower Biometric Enrollment Centers | Capture Your Fingerprint on NASIMS Batch C Portal
United Nigeria Airline Recruitment | Employment Opportunities
Modibbo Adama University of Technology Job Recruitment
Federal Polytechnic Ile-Oluji Job Recruitment Form Portal
Interswitch Job Recruitment and Career Opportunities
Nigeria Union of Teachers (NUT) Job Recruitment Application Form Portal
Organization of the Petroleum Exporting Countries (OPEC) Job Recruitment
University of Port Harcourt Job Recruitment Application Form Portal
Unilever Nigeria Plc Job Recruitment Application Form Portal
Guinness Nigeria Plc Job Recruitment – Employment Opportunities
Total Nigeria Plc Recruitment for Young Professionals | TotalEnergies Job and How to Apply
Enugu State University of Science and Technology Job Recruitment Form Portal
Halliburton Energy Services Nigeria Limited Job Recruitment Form Portal
HomeyFun Foods Limited Job Recruitment Form Portal – Apply Here
Thomas Adewumi University Recruitment | Latest Job Openings
Deadline for Npower Batch C Biometrics Fingerprint Verification
United Bank for Africa Plc Job Recruitment Application Form – Apply Now
Federal Polytechnic Ekowe Recruitment 2021 | Latest Job Openings
Industrial Training Fund (ITF) – Career Opportunities
U.S. Mission Recruitment 2021 | Latest Job Openings
Rainoil Limited Recruitment Application Form Portal
Ericsson Job Recruitment Application Form Portal 2021
Delta State Polytechnic Job Recruitment Application Form Portal
American University of Nigeria Job Recruitment Application Form Portal
Bank of Industry Loan Application Form Portal | BOI Loan Application Form is Out – Register
SEIFAC/CBN Registration Portal – SEIFAC/CBN Anchor Borrowers Programme Portal 2021
Rapid Response Register (RRR) Stimulus Package For Covid-19 Cash Transfer
How to be updated regularly
Kindly subscribe to the site using your Email address for more updates for FREE
- Subscribe to the site www.joecrackconcept.com using your Email address. Subscription is totally FREE
- LIKE our Facebook page for direct updates
- FOLLOW our Twitter News Handle for updates
- In case of any issue or challenge or question
Thomas says
I need loan
Thomas ushie says
I need loan
Thomas ushie says
Thomas ushie I need loan
Thomas ushie says
Thomas ushie I need loan