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Requirements and How to Apply for CBN NIRSAL Non-Interest Loan
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The Central Bank of Nigeria (also known as the CBN) formed NIRSAL (Nigeria Incentive-Based Risk Sharing System for Agricultural Lending) as a non-bank financial organisation to tackle the agricultural industry's lack of access to funding and credit.It was established to facilitate the availability of affordable financing into farming and to simplify it by lowering agricultural lending risks and boosting the value chain.
NIRSAL offers a wide range of services to boost the agricultural value chain, including professional help, sharing risk arrangements, and insurance products. It also insures loans to investors in order to encourage agricultural investment.
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NIRSAL offers a wide range of services to boost the agricultural value chain, including professional help, sharing risk arrangements, and insurance products. It also insures loans to investors in order to encourage agricultural investment.
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Please login to view the rest of this post.
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An eye for an eye left thousands blind,
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