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Bank of Agriculture Loan
The Bank of Agriculture (BOA) is a development finance institution owned by the Federal Government of Nigeria with a mandate to provide agricultural credit to smallholder and commercial farmers. BOA offers some of the lowest interest rates available for agricultural lending in Nigeria.
Conditions summary
| Loan amount | ₦30,000 – ₦5,000,000 |
|---|---|
| Interest rate (p.a.) | 6.00 % – 10.00 % |
| Repayment term | 6 – 60 months |
| Approval | 4 weeks |
| Type | Online |
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