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Nairaland Forum / Nairaland / General / Agriculture / About CBN/BOA Agric Loan (1207 Views)
How To Apply For Loan From BOA / I Saw A Boa In My Farm Today / Where To Get Agric Loan? (2) (3) (4)
About CBN/BOA Agric Loan by kofomichael(f): 8:19pm On Feb 04, 2017 |
For those who applied for agric loan which the CBN and BOA organised. Anyone with any useful information of when it is likely that they disburse the loan? |
Re: About CBN/BOA Agric Loan by fm7070: 1:21pm On Feb 05, 2017 |
go to BOA office around your location. the one in Lagos is very close Africa/Fela Shrine, Alausa, Lagos You can get the best of information there. |
Re: About CBN/BOA Agric Loan by kofomichael(f): 6:19pm On Feb 05, 2017 |
Ok. Thanks. |
Re: About CBN/BOA Agric Loan by fm7070: 8:00pm On Feb 06, 2017 |
in addition to the previous information. 1. you must have a functional farm 2. you must run account with them for minimum of 6months before you can apply for a loan 3. they will give you 150,000 first 4. you must deposit 20% of the loan you are requesting for as part of collateral 5. you will also need 2 sound guarantors who can guarantee the sum of loan you are requesting for once they give you the first loan and you perform well, they will give you 200k, then 250k (which is the maximum for an individual) The stress in getting their loan is much but it worth it if you have not other means and you want to grow goodkuck 1 Like |
Re: About CBN/BOA Agric Loan by Alfather: 9:19pm On Jan 10, 2020 |
fm7070:can some one withdraw his or her money deposited in the bank without taking a loan? |
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