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Access N12.5Billion SEIFAC Loan & Grant 2021/22: – Apply

December 21, 2021 By Amitverain Leave a Comment

The Smallholder Economic Interest Farmers Agricultural Cooperative (SEIFAC) – a cooperative of Smallholder Farmers by Smallholder Farmers for Smallholder Farmers of Nigeria.

“A true cooperative society committed to fostering cooperative movement in the country. Emerging as a dynamic organization, focusing on strategic strengths, seizing opportunities for generating and building upon past success, enhancing earnings to maximize the shareholders’ value”

SEIFAC is aimed at helping”

  • a multi-crops producer processor
  • marketing Smallholder Economic Interest Farmers Agricultural Cooperative
  • connects Smallholder Farmers that cultivates: these nine (9) crops namely Rice, Maize, Sesame, Cassava, Yam, Groundnuts, Bambaranuts, Sorghum and Soybean in the States of the Federation and FCT Abuja, to farm in clusters and to leverage on the collective internal economies of scale of cluster dynamics in order to lift themselves out of avoidable poverty”

SEIFAC Loan/Grant is giving to Beneficiaires to:

Foster a culture of trust, openness, and mutual concern to make working, a stimulating and challenging experience for stakeholders.

Building a value-driven organization with an improved and responsive customer focus. A true commitment to transparency, accountability, and integrity in principle and practice.

To acquire, assimilate and adopt reliable, efficient, and cost-effective technologies.

Sourcing quality planting materials for the production of produce at economical cost by entering into Joint Ventures within Nigeria and outside Africa and the wide world.

To ensure growth in core and non-core sectors.

To provide to farmers high-quality fertilizers at the right time and in adequate quantities to increase crop productivity.

To make plants energy efficient and continually review various schemes to conserve energy.

Commitment to health, safety, environment, and forestry development to enrich the quality of community life.

Commitment to social responsibilities for a strong social fabric.

To institutionalize core values and create a culture of team building, empowerment, and innovation which would help in the incremental growth of employees and enable achievement of strategic objectives

ELIGIBILITY AND REQUIREMENT

The loan shall be targeted at smallholder farmers engaged in the production of identified commodities across the country.

Legumes (Soybean, Sesame seed, Cowpea, etc.)

Tomato

Livestock (Fish, Poultry, Ruminants, etc.)

And any other commodity that will be introduced by the CBN from time to time.

Cereals (Rice, Maize, Wheat, etc.)

Cotton

Roots and Tubers (Cassava, Potatoes, Yam, Ginger, etc.)

Sugarcane

Tree crops (Oil palm, Cocoa, Rubber, etc.)

The Farmers should be in groups/cooperative(s) of between 5 and 20 for ease of administration.

HOW TO APPLY

seifac

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