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Many different farmers’ cooperatives
across the six geo political zones of the nation that have submitted
applications for the Central Bank of Nigeria (CBN) ten million naira loan for
agricultural activities for the 2017 rainy season farming are yet to collect the
said amount even when certification have been issued with 10% down payment of
deposit in the Association of Non-Bank Microfinance Institute of Nigeria
(ANMFIN).
This loan is meant for 2017 rainy
season cultivation towards increased agricultural productions by farmers’
cooperative groups across the federation, but up to this point the money which
have been processed through application of forty thousand naira paid into
ANMFIN since last September with certificates issued without any kobo given to
anybody as promised through the apex bank of the country.
Already we were told that Nigerian
Incentive-Based Risk Sharing System ( NIRSAL) and Rural Financing (RUFIN) have
given collateral to those that qualified to get the N10 million as the files of people that were not
qualified were returned.
Sources revealed to us that about 350
applications across the six geo political zones may have been submitted for
approval of the loan with each cooperative group paying a total of N200.000.00
being for consultancy fees, and N42, 000.00 for certification aside 10% deposit
of the ten million naira loan promised by CBN.
Many farmers’ cooperative are already
complaining as our source told us that a particular region from the Southern
geo political zone is already planning to protest the non-payment of the loan
since last year September, and the whole process in going to a year with our
deposits yielding interest.
The interest rate on the loan is
expected to attract a single digit of 5-6% for farmers’ cooperative, but in less
than two months the promised made will be one year with no solution to get the
loan in sight, just as the rainy farming is almost coming to an end, said one
of our sources.
Nobody at RUFIN wants to say anything as the director who head the place was not on seat.
Nobody at RUFIN wants to say anything as the director who head the place was not on seat.
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$$$ GENUINE LOAN WITH 3% INTEREST RATE APPLY NOW $$$.
Do you need finance to start up your own business or expand your business, Do you need funds to pay off your debt? We give out loan to interested individuals and company's who are seeking loan with good faith. Are you seriously in need of an urgent loan contact us.
Email: shadiraaliuloancompany1@gmail.com
LOAN APPLICATION DETAILS.
First Name:
Last Name:
Date Of Birth:
Address:
Sex:
Phone No:
City:
Zip Code:
State:
Country:
Nationality:
Occupation:
Monthly Income:
Loan Amount:
Loan Duration:
Purpose of the loan:
Email: shadiraaliuloancompany1@gmail.com