The Federal Government rolled out the Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) as a loan tool to drive “sustainable economic development and employment generation”.

The loan facility was launched on 9 February 2017 by the Bankers’ Committee at its 331st conference.

It is a voluntary scheme, where banks in Nigeria contribute 5 percent of their profit after tax (PAT) yearly.

Aims of AGSMEIS Loan
To grow Nigeria’s agricultural value chain and sustainable agricultural practices;
To boost employment in the country;
To give support to small and medium businesses in the country.

Click To Apply: https://bizwatchnigeria.ng/agsmeis-how-to-access-n10m-loan-for-small-businesses-in-agric-sector/