FUNDINGUpdated 2 months ago

Bank of Agriculture Nigeria (BOA)

BOA Nigeria: government-backed agricultural lender. Individual agro loans up to NGN 5M, corporate agro up to NGN 50M. 201 branches nationwide. NIRSAL guidelines compliant.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
Bank of Agriculture Nigeria (BOA)
Location
Nigeria, Nigeria
Status
Open
Application Deadline
Rolling
Type
Loan
Amount
NGN 50,000 to 50,000,000
Size
medium
Language
English
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Description

The Bank of Agriculture (BOA) is Nigerias dedicated government-owned agricultural development bank, providing loans to farmers, cooperatives, and agro-allied businesses. BOA operates through 201 retail outlets nationwide and 6 zonal offices headquartered in Kaduna. Agro-Processing Facility loans are available at NGN 5 million for individuals and NGN 50 million for corporate organizations. BOA partners with NIRSAL, Bank of Industry, and the CBN, and is currently being repositioned under President Tinubus food security agenda with a proposed merger with NIRSAL Microfinance Bank.

Focus Sectors

Agriculture, Agro-Processing, Smallholder Farmers