- Click Here to download CBN Information on the Agric Credit Scheme

• What is this product about?
  The Product is designed to meet the requirements of farmers Co-operatives who are engaged in the production of arable crops (grains, tubers, vegetables etc) and animal husbandry (poultry, piggery, fishery etc) with maximum maturity/harvest period of 12months..
• Who are the target markets?
  Micro and Small farmers through their associations/Cooperative under the recommendation and guarantee of their respective Local, State or Federal governments or their employers.
• What are the parties to the product
  CBN, NAIC, Farmers Co-operatives and Governments
• What are the Benefits?
  • Increased food production and national security
  • Poverty Reduction
  • Empowerment of farmers and rural households through credits and savings
  • Strengthen the governance structure of co-operatives
  • Contribute to National Economic growth.
• What are the Requirements?
  • Must be Farmers’ association or Coo-operative
  • Must have been in account relationship with UBA for minimum of 3 months.
  • Members must be between the ages of 18 and 60years
  • Must be a practicing farmer or agro-allied farmers group
  • CBN Guarantee must be in place
  • Product being financed must fall within the coverage area as defined by CBN and UBA Plc • Must be recommended by affiliated organization(Govt or Private employer)
  • Positive CRMS (Credit Risk Mgt System of CBN) report
• What are eligible activities/crops?
  • Arable Crops
  • Fishery and Animal Husbandry
• What are the qualifying crops?
  • Rice
  • Maize
  • Cassava
  • Cotton
  • Sorghun
  • Millet
• Who can apply?
  Farmers Groups and Associations that are registered by Government
• How are customer applications to be treated?
  Visit the nearest UBA Business office