How can i access loan for a piggery farm

Hello

This is my first time on this platform. I need loan to complete a piggery farm i have started. How do i have access to have a one on one discussion.

New Member Asked on May 8, 2017 in Agriculture.
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2 Answer(s)

I think your best option is Micro Finance Banks within your area. But the problem there is that most micro finance banks (if not all) are only interested in giving loans to a business that is already running and making daily or monthly income.

Getting loans to complete a piggery project will be a little difficult. Very few loan service providers in Nigeria (if any) will be interested in this kind of request. I really don’t know how the Nigerian Bank of Agriculture function in this regard, maybe you can find out from them if they give this kind of loan.

You can also check from your bank. If you have serious financial track record with your bank, they may just be in the perfect position to finance this. But you must have your robust business plan in place among other things, depending on the products they have.

If these fail, your family and friend (angel investors) may be your best and last resort. You may also check from the local governments to see if there is ongoing government grants for agricultural development.

Pro Consultant Answered on May 8, 2017.
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I guess you have not heard of ayeen, its an empowerment program for Nigerian’s. They give grants to entrepreneurs like you and the the registration for this year is still on but will be closing soon so hurry and apply now at ayen2017.com

New Member Answered on May 9, 2017.

Hello Christopher, tell us more about the Ayen. I’m sure many Nigerians would like to learn how it works. Thank you

on May 9, 2017.
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