Youth Agricultural Revolution Nigeria(YARN)

Developed to encourage Nigerian Youths to key into agriculture and take it as
an investment or as a business
  • The maximum loan limit under this product is N1 million per beneficiary.
  • The beneficiaries must be small holders as defined under the Nigeria Incentive Risk Sharing for Agricultural Lending (NIRSAL) guidelines.
  • To facilitate unhindered access by these target groups, the beneficiaries need not have collaterals but must provide acceptable guarantors.
  • The loans are accessible by individuals or groups. The individuals in the group can get N1 million each subject to technical determination of scope and financial requirements of the project.
  • The loans can be access by individuals and groups in line with NIRSAL Credit Risk Guarantee (CRG) and Interest Draw Back Program (IDP).
  • Loan period, Grace or Moratorium on the products will be determined based on the project type.
  • NIRSAL provides 75% credit guarantee.
  • Interest Rate is 12%.

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