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I am young graduate at 27 looking for capital to boost my farming business. What i s the best way to get a loan in Nigeria.

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Report Miguel 's answer

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Thank you sir for the wonderful answer. Its indeed beneficial. Though I was at BOA ( Bank of Agriculture) its not easy to obtain the loan as I was required to deposit 20% of what I am collecting I am still struggling to deposit that. Thank you

Report Abubakar's answer

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Hi Abubakar,

You can also try https://nirsal.com/ Micro finance bank financing farmers and agriculture in Nigeria.

Report Bintu's answer

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There are many agencies that are finding business in Nigeria provided you have a good business plan like NIRSAL AGSIMES and Ban of Industry you can plan and apply but for Bank of Industry you need to have a business name or Company registration with CAC

Report Abdulmalik's answer

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You can get help you with a business plan and registration with CAC. visit : www.bluehcc.com

linked : bintumahele Instagram: bintubluehcc

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Report Joshua's answer

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My answer will be a little off the norm. To get access to funds to finance your agric dream. You have to begin on low/small scale first. While doing so, grow crops that are fast yielding or raise livestock with quick turn over. Create a business plan with a good expansion vision. Then team up friends to form short-term partnership. You can lead this partnership. Before the end of 12-16 months you must have had sustainable capital of your own. Don't go to the bank.

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Report Adefunke Sherifat Ase's answer

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Family and Friends, we have a poor credit system in the country and lots of barriers assessing start up loans.

Report Seun's answer

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