SEIFAC/CBN Anchor Borrowers Programme Application Form for Farmers in Nigeria. see how to register online for a successful application. online registration is totally free for interested and qualified in 36 States in Nigeria.
SEIFAC, an acronym for smallholder’s economic interest farmers agricultural co-operative, is an anchor company in conjunction with the central bank of Nigeria that provides smallholders farmers, which are its members with loans, to start, grow or sustain their farm business.
The program introduced under the President Muhammadu Buhari led administration is intended to help create a link between anchor companies and smallholders farmers (SHF’s) of key agricultural commodities by providing loans, agricultural equipment, and blueprints on how to tackle farming challenge.
The idea behind the programme is for farmers to leverage on their comparative cost advantage.
As such the targeted crops include:
- Cassava,
- Yam,
- Rice Maize,
- Sesame,
- Groundnuts,
- Soybean
- Bambaranuts,
- Sorghum
How to become SEIFAC member
If you are interested, membership is opened to the following people:
- Agricultural Producer Cooperative Societies
- Individual Smallholder Farmers
- Primary Agricultural Cooperative Societies
- Community Development Associations
- Federal, State and Local Governments
- Public Financing Institutions
- Cooperative society
How to apply for SEIFAC Loan Application Form 2022/2023
The link to register is https://seifac.org/register
To register as a member, you will have to select one of the enterprise crops out of the different options available in the SEIFAC agricultural product cluster model (agro-PC).
- Log in to your profile and apply for the SEIFAC/CBN ABP for the 2021/2022 wet cropping season.
- Select the preferred crop production enterprise of interest.
- Note that the choice of selected crop enterprise should be made with consideration to geographical location, competitive advantage, soil suitability, and planting season.