SEIFAC full meaning is : Smallholder Economic Interest Farmers Agricultural Cooperative.

SEIFAC is a multi-crops producer, processor and marketing Smallholder Economic Interest Farmers Agricultural Cooperative that 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 is one of the Anchor Borrowers Programme (ABP) rolled out by the Central Bank of Nigeria in a bid to support local farmers with funds so as to boost local production of what Nigerians consume. The program offer loans up to NGN 500,000. 

Requirements To Apply SEIFAC Loans 

Applicants must possess the following requirements before he/she can be a beneficiary:

1. Must be a Nigerian Citizen.

2. Must not have any pending loan with any other bank.

3. Must provide a means of Identification.

4. Provide a valid Bank Verification Number and Email address.

5. Must provide a guarantor.

How To Apply Step by Step For SEIFAC Loans 

Follow these simple steps to apply for the SEIFAC Loan Payment :

Step 1. Visit. the official Portal at

Step 2. Enter your name and address.

Step 3. Create an account with your valid phone number or email address.

Step 4. Submit all necessary documents.

Step 5. Verify the documents.

Enter submit.

Wait for your loan approval and disbursement. 


Post a Comment

Previous Post Next Post