OpenLoan/BlendedNigeria only

Agricultural Credit Guarantee Scheme Fund (ACGSF)

Central Bank of Nigeria (CBN) and Federal Government of Nigeria

Amount or benefit
Guarantees 75% of the net amount in default on qualifying agricultural loans; 40% interest reimbursement for borrowers who repay on time
Deadline
Rolling
Where
Nigeria only
Apply on the official site

Who can apply

Smallholder farmers, medium-scale farmers and agro-processors across the agricultural value chain who borrow from a participating deposit money bank or CBN-regulated microfinance bank. The beneficiary completes the ACGS form and the lending bank forwards it to the CBN.

Applicant type
IndividualBusiness
Business stage
Any
Location rule
Nigeria only
Nigeria only
Sectors
Agriculture & foodBusiness & entrepreneurship

What you get

Guarantees 75% of the net amount in default on qualifying agricultural loans; 40% interest reimbursement for borrowers who repay on time

Notes
A loan guarantee, not cash to the farmer: you apply for a bank loan and the bank seeks the guarantee. Enterprises must be mapped/tagged at the customer's cost.

Deadline and status

Deadline
Rolling
Deadline details
Applications go through the lending bank, which must submit to CBN within 30 days
Status
Open

How to apply

  1. Read the full criteriaOpen the funder's programme page (cbn.gov.ng) and read the eligibility rules and questions in full.
  2. Check your fitCompare the rules above with your business. See how it fits your profile.
  3. Prepare your applicationSave it for a step-by-step workflow and document checklist, then draft your answers in the Application Studio.
  4. Apply on the funder's own siteApplications are accepted on a rolling basis. Apply at cbn.gov.ng. Never pay anyone to be considered.

Source and verification

Last verified
18 October 2026, on the funder's own page
Official page
cbn.gov.ng
From the official page
“To mitigate risks associated with banks' lending to agriculture by guaranteeing 75% of the net amount in default in accordance with the provisions of the enabling Act.”

Details change. Confirm everything on the official site before applying.

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