FINANCING AGRICULTURAL VENTURES.

To secure an agric loan from a microfinance bank is easy and readily available; see the process Facility range: N50,000 (minimum) to N500,000 (maximum) Methodology: Individual, group and corporate Duration: 1-12 months Grace period: 30-60 days Prospective clients must be practicing farmers with verifiable evidence of existing farm investments. Benefits: No collateral Provides capital for farming activities Flexible repayment structure Low interest rates

AGRIC LOAN.

To secure an agric loan from a microfinance bank is easy and readily available; see the process Facility range: N50,000 (minimum) to N500,000 (maximum) Methodology: Individual, group and corporate Duration: 1-12 months Grace period: 30-60 days Prospective clients must be practicing farmers with verifiable evidence of existing farm investments. Benefits: No collateral Provides capital for farming activities Flexible repayment structure Low interest rates

HOW TO SECURE AN AGRICULTURAL LOAN TO EXPAND YOUR BUSINESS.

Agricultural loans are available to most farmers,but many dont know how to access and benefit from this funds.The general notion is that the process is laborious and so cumbersome and at the end of the day no money will be disbursed,but this is far from the truth.The loans are very accessible with an easy process to get the money necessary. The major commercial banks have agric desk where they give a financial arm to agric business and farmers,the NAIC,BOA also give agric loans to assist farmers.The micro finance banks also give out loans to farmers and agric business at low interest rate and NO COLLATERAL. The micro finance banks are specifically designed to support small and medium scale businesses,giving out funds to help them grow and expand.The micro finance banks make the funds readily accessible and within a short time with workable payout plans. The amount of money disbursed depends on the size of your business,type of business you run and your financial records which will show what you can handle and will be able to repay easily. REQUIREMENT/ PROCESS TO OBTAIN THE LOAN. 1) Open an account with such bank,that must be operational,with 10% of proposed loan in account. 2) Two guarantors,that know your business operation ,have a current account in a commercial bank that is operational.These people will be available when loan is disbursed. 3)The beneficiary must give statement of account. 4) The bank official will pay visits,check record,do their own investigations and work out payable options. 5) The loan is approved. The process is simple,the micro finance banks even organize training for beneficiaries.The loan can be accessed as an individual, corporately or groups. Come and meet our bankers @ farmers bazaar holding at Ajah vet center,on the 27/8/15. The program will start@ 10am ,you will be better informed.

AGRICULTURAL LOAN!!

LEARN HOW TO ACCESS IT AND EXPAND....

INSURANCE IN AGRICULTURAL BUSINESS.

AGRICULTURAL LOANS/CREDIT FACILITY.

Farmers just like any other business,may need to lean on a financial arm for support at a point in time.Many farmers dont know the opportunities they have to access these facilities, or how to access them and grow. Farming is a lucrative venture duly supported by government,financial giants,cooperative bodies and micro finance schemes. Agricultural loans are of various types , can be accessed at various levels and have different amounts as per the size of the project.These loans can be accessed corporately or as individuals,depending on amount involved,most of these loans can only be accessed when the farm has an insurance cover. Agricultural loans and agricultural insurance are intertwined,you cannot do one without the other; before you try to access the loan make sure you are insured.The basic requirement for the loan are as follows; 1) application form. 2) farm records; showing productivity and profitability. 3) Registration record/licence of farm. 4) account details. The banks that give out such loans include bank of agriculture, and first bank ,they also require you have an account with them that is operational. You can learn more about the loan and how to access @ an upcoming farmer's bazaar...operators will be around to enlighten you and help you start the process. venue....Ajah vet center,Ajah . Time 10 am. date...27/8/15.