Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,783 members, 7,813,586 topics. Date: Tuesday, 30 April 2024 at 02:31 PM

Pls Where Can I Get Loan To Start A Farm? - Agriculture - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / Pls Where Can I Get Loan To Start A Farm? (3204 Views)

Photos: Huge Python Goes Viral After Eating Sheep At A Farm In Australia / Industrial Training (IT) Opportunity At A Farm In Ibadan / Snail Farm Begins - The Birth Of A Farm (2) (3) (4)

(1) (Reply) (Go Down)

Pls Where Can I Get Loan To Start A Farm? by sam4(m): 10:14pm On Jul 30, 2014
Hello my people in the house, av bn nursing dis within me i dnt wnt 2 work 4 anyone. Pls who can take me 2 where i can get loan 2 start my farm? Or the work i can do 4 a short period 2 raise some cash.
Re: Pls Where Can I Get Loan To Start A Farm? by olatundes14: 10:23pm On Jul 30, 2014
hello,i can package biznes loan 4u,if u'r interestd lets talk.u can reach me on:08098726776.
Re: Pls Where Can I Get Loan To Start A Farm? by 1stUnique(m): 10:51pm On Jul 30, 2014
olatundes14: hello,i can package biznes loan 4u,if u'r interestd lets talk.u can reach me on:08098726776.
with or without collateral?
Re: Pls Where Can I Get Loan To Start A Farm? by sam4(m): 11:55pm On Jul 30, 2014
olatundes14: hello,i can package biznes loan 4u,if u'r interestd lets talk.u can reach me on:08098726776.
alrt can we chat on whatsapp?
Re: Pls Where Can I Get Loan To Start A Farm? by samseen02(m): 6:40pm On Aug 04, 2014
Re: Pls Where Can I Get Loan To Start A Farm? by Guarantor(m): 12:34pm On Aug 05, 2014
I learnt that one must have been actively transacting with the BOA for 6 active months and also a deposit/savings of 12% of the require loan before granted the loan.

1 Like

Re: Pls Where Can I Get Loan To Start A Farm? by 1stUnique(m): 1:02pm On Aug 05, 2014
Guarantor: I learnt that one must have been actively transacting with the BOA for 6 active months and also a deposit/savings of 12% of the require loan before granted the loan.

thats true
Re: Pls Where Can I Get Loan To Start A Farm? by sam4(m): 3:11pm On Aug 05, 2014
1stUnique:

thats true
imagine dat rubbish
Re: Pls Where Can I Get Loan To Start A Farm? by jamp: 5:06pm On Aug 05, 2014
yea, BOA gives loan at 12%. i heard is very ok but when will govenment give loan at a single digit
Re: Pls Where Can I Get Loan To Start A Farm? by ThundrCork(m): 9:57pm On Aug 05, 2014
.
Guarantor: I learnt that one must have been actively transacting with the BOA for 6 active months and also a deposit/savings of 12% of the require loan before granted the loan.
Re: Pls Where Can I Get Loan To Start A Farm? by fm7070: 9:32pm On Aug 08, 2014
no one, no where
anyone who gives you such loan does not like you
you have to painstakingly start, then, you can get loan to build up
Re: Pls Where Can I Get Loan To Start A Farm? by sam4(m): 10:12pm On Aug 08, 2014
fm7070: no one, no where
anyone who gives you such loan does not like you
you have to painstakingly start, then, you can get loan to build up
tnx bro

1 Like

Re: Pls Where Can I Get Loan To Start A Farm? by knowledge4(m): 4:50pm On Oct 13, 2014
A bank known as the Bank of Agriculture,owned by the Federal Government of Nigeria is giving out loans to genuine farmers who can prove their genuineness.The F.G.N has provisioned N200 Billion as loans to farmers and the steps to access the loan are straight forward if you are a genuine person with genuine intentions.If you are an unemployed Nigerian graduate looking for paid employment,pay attention to this post and take a step of faith to key into it.

The steps to obtain the loan are as follows:
1) Locate the office of the Bank of Agriculture that covers the area or local government area where your farm is situated and open an account with the bank with a minimum deposit of N3000.00

2) For the ‘Know Your Customer’ (KYC) requirements, you must present your NEPA Bill which confirms your place of residence + any of the approved means of identification such as International Passport, Drivers License, National Identity Card or Voters Registration Card.

3) Other requirements are:
Complete and signed account form
Complete and signed mandate card
Present 4 passport photographs of yourself

4) You must run and operate the account for at least 3 -6months before applying for the loan. Do not think that you can just open the account, abandon it and show up after 6 months for the loan. The loan is not the usual national cake and the bank, newly repositioned, is not fooled. If you play that old game, the bank will doubt your integrity and commitment to repay the loan if granted and that means you may not get it.

Running and operating the loan means that you make it an active account. This means making sure that you save money and withdraw from the account on a regular basis. The bank wants to see that there are transactions going on in the account. Therefore, you should make regular deposits and withdrawals on the account during the 6 month period to create an active relationship that makes the bank have confidence in you.

5) You must have an existing farm, at a fixed location and the farm must have its record of operations and activities on a daily basis neatly kept. The era of armchair farmers/political farmers/farms of no fixed address/classroom farmers are over. The bank will visit your farm for inspection when you apply for the loan.

6) The bank will check what you have on ground; see how far you have gone; what the loan is required for, and ensure that the loan is appropriate for what it is required. The bank wants to know whether you have an adequate knowledge of your area of farming business. You must be able to demonstrate the practical hands-on experience in your area of farming. The bank wants to know whether you have a project you are working on and the fund requirements. And within a month of the inspection, the loan will be approved if the bank is satisfied.

You can obtain a loan of N250,000.00 from the Bank of Agriculture without any collateral.With this amount,you can set up a small backyard chicken business that will pay more than the elusive salary job you are seeking. Some graduates earn N15,000.00 monthly in the name of earning a salary.What a pity!I will show you how to go about setting up a small chicken business with as low as N50,000.00.Read 1st signature below

2 Likes

Re: Pls Where Can I Get Loan To Start A Farm? by sam4(m): 10:20pm On Oct 13, 2014
knowledge4:
A bank known as the Bank of Agriculture,owned by the Federal Government of Nigeria is giving out loans to genuine farmers who can prove their genuineness.The F.G.N has provisioned N200 Billion as loans to farmers and the steps to access the loan are straight forward if you are a genuine person with genuine intentions.If you are an unemployed Nigerian graduate looking for paid employment,pay attention to this post and take a step of faith to key into it.

The steps to obtain the loan are as follows:
1) Locate the office of the Bank of Agriculture that covers the area or local government area where your farm is situated and open an account with the bank with a minimum deposit of N3000.00

2) For the ‘Know Your Customer’ (KYC) requirements, you must present your NEPA Bill which confirms your place of residence + any of the approved means of identification such as International Passport, Drivers License, National Identity Card or Voters Registration Card.

3) Other requirements are:
Complete and signed account form
Complete and signed mandate card
Present 4 passport photographs of yourself

4) You must run and operate the account for at least 3 -6months before applying for the loan. Do not think that you can just open the account, abandon it and show up after 6 months for the loan. The loan is not the usual national cake and the bank, newly repositioned, is not fooled. If you play that old game, the bank will doubt your integrity and commitment to repay the loan if granted and that means you may not get it.

Running and operating the loan means that you make it an active account. This means making sure that you save money and withdraw from the account on a regular basis. The bank wants to see that there are transactions going on in the account. Therefore, you should make regular deposits and withdrawals on the account during the 6 month period to create an active relationship that makes the bank have confidence in you.

5) You must have an existing farm, at a fixed location and the farm must have its record of operations and activities on a daily basis neatly kept. The era of armchair farmers/political farmers/farms of no fixed address/classroom farmers are over. The bank will visit your farm for inspection when you apply for the loan.

6) The bank will check what you have on ground; see how far you have gone; what the loan is required for, and ensure that the loan is appropriate for what it is required. The bank wants to know whether you have an adequate knowledge of your area of farming business. You must be able to demonstrate the practical hands-on experience in your area of farming. The bank wants to know whether you have a project you are working on and the fund requirements. And within a month of the inspection, the loan will be approved if the bank is satisfied.

You can obtain a loan of N250,000.00 from the Bank of Agriculture without any collateral.With this amount,you can set up a small backyard chicken business that will pay more than the elusive salary job you are seeking. Some graduates earn N15,000.00 monthly in the name of earning a salary.What a pity!I will show you how to go about setting up a small chicken business with as low as N50,000.00.Read 1st signature below
Nice one bro
Re: Pls Where Can I Get Loan To Start A Farm? by Lesgupnigeria(m): 6:51pm On Oct 14, 2014
gro processing in NIGERIA now so
CAPtivating.
Our Cottage Agro processing (CAP) fund
provides Agro-processors with access to
finance and technology to convert our
agricultural products to economic
prosperity.
1. Single digit interest rate (9%)
2. 5 year loan tenor
3. 6-month moratorium
4. Guaranteed working capital
5. Speedy processing
To know if the CAP fits kindly visit
www.boinigeria.com/CAPfund
BANK OF INDUSTRY
...transforming Nigeria's industrial sector

1 Like

Re: Pls Where Can I Get Loan To Start A Farm? by OLAMIMO12(m): 10:02am On Apr 22, 2015
Guarantor:
I learnt that one must have been actively transacting with the BOA for 6 active months and also a deposit/savings of 12% of the require loan before granted the loan.
pls what are other requirements for BOA loan? i have noted these. tnx
Re: Pls Where Can I Get Loan To Start A Farm? by OLAMIMO12(m): 11:36am On Apr 22, 2015
@knowledge4......tnx for sharing this info. pls are we going to pay interest per month, year, or per agric growing season?
Re: Pls Where Can I Get Loan To Start A Farm? by templegate: 10:48am On Apr 30, 2015
Lesgupnigeria:
gro processing in NIGERIA now so
CAPtivating.
Our Cottage Agro processing (CAP) fund
provides Agro-processors with access to
finance and technology to convert our
agricultural products to economic
prosperity.
1. Single digit interest rate (9%)
2. 5 year loan tenor
3. 6-month moratorium
4. Guaranteed working capital
5. Speedy processing
To know if the CAP fits kindly visit
www.boinigeria.com/CAPfund
BANK OF INDUSTRY
...transforming Nigeria's industrial sector


What are the requirements? Does BOI support startup? Thanks.
Re: Pls Where Can I Get Loan To Start A Farm? by Lesgupnigeria(m): 11:48am On Apr 30, 2015
templegate:



What are the requirements? Does BOI support startup? Thanks.
Yes they support BOI
Kindly check their site.
Re: Pls Where Can I Get Loan To Start A Farm? by eldest(m): 11:32am On Jan 26, 2017
Hellp
Re: Pls Where Can I Get Loan To Start A Farm? by markcute: 2:10pm On Jan 28, 2017
whr is d link to d bank of agriculture loan

(1) (Reply)

Let's Talk Yam Business / How To Successfully Cultivate Azolla For Your Animals / How Many Grammes Of Watermelon Seed Do I Need For A Plot Of Land

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.