Contact Us | WhatsApp   | PAGES | PRICING | BLOG | EVENTS | SHOP

Log in

NIRSAL's Agro Geo-Cooperative Farming Model is a Game-changer for Agricultural Financing in Nigeria

Written by
nirsal agro geo cooperatives nirsal agro geo cooperatives

If, as a smallholder farmer, you desire to easily obtain agricultural bank loans through NIRSAL Bank,   you must be ready to join and operate as an Agro Geo-Co-operator . Find out why, and how to go about it.

Agro Geo-Cooperative is the coming together of smallholder farmers within a locality who leverage on economy of scale to ensure (in the cultivation of single commodities) higher productivity and returns for all stakeholders.

Usually, smallholder farmers operating solo offer little or no attraction for banks and other financiers. NIRSAL's Agro Geo-Cooperative model brings together hundreds of smallholder farmers into a single large strong entity that is attractive to the world of finance.

Therefore, to easily obtain agricultural bank loans through NIRSAL Bank  as a smallholder farmer, you must be ready to belong to, and operate as an Agro Geo-Co-operator.

The Agro Geo-Cooperative farming model group together adjoining farmlands within a geographical area identified as being suitable for specific commodities. This is an improvement on the less desirable practice of smallholders farming on bits of small, dispersed and unconnected parcels of land.

This farmland-based cooperative approach makes it possible to deploy Precision Agriculture tools such as Remote Sensing, Unmanned Aerial Systems, and satellite-based Global Positioning Systems, which result in optimisation of production and profit,  through economy of scale.

The Agro Geo-Cooperative model is anchored on the fundamental theory that it is the farmland that makes the farmer, not the other way round. Thus a basic attribute of the Agro Geo-Cooperative model is the GPS-enabled Geo-tagging of each farmer to his land. This solves the problem of identity and accountability which is a major risk element in smallholder agricultural finance around the world and particularly sub-Saharan Africa, Nigeria inclusive.

Accordingly, the model groups farmers based on the contiguity of their farmlands, where each farmer retains what is originally his, but becomes a partaker in large, structured farming projects. The bigger and more contiguous a Geo-Cooperative is, the faster and easier for it access structured  finance, quality inputs and markets through NIRSAL’s facilitation.

NIRSAL has set for itself a clear and measurable target of creating 16,000 Agro Geo-Cooperatives on 4 million hectares of farmland and enrolling about 8 million farmers across Nigeria expected to produce about 12 million metric tonnes of Grain Product Equivalent (GPE) annually, over the medium to the long-term projection.

To ensure the success of this massive project, NIRSAL has trained and primed its Project Monitoring, Reporting and Remediation Officers (PMROs) in the 36 States of the Federation and the FCT to assist farmers, farmer leaders, aggregators and other interested participants to meet the pre-qualification requirements.

The PMROs are on hand nationwide to guide participating farmers through the enrolment processes which include identifying their farm’s geographical coordinates and size, electing Agro Geo-Cooperative leaders as well as the free registration which can be done online or offline.

So far, the highest number of respondents have come from Kaduna, Bauchi, Kano, Jigawa, Katsina, Zamfara, Plateau, Benue and Nasarawa States, with the FCT also accounting for a high return of entries.

Do not miss out on this greatly empowering opportunity!

Tap to Learn More

Tap to ENROL Now!

Stay Smart, Wealthy and Wise!

© Jay Onwukwe

Read 434 times
Please Share!

Leave a comment

Disclaimer: You are solely responsible for your posts on Aba BUSINESS Blog.


  • Comment Link Thursday, 15 April 2021 23:56 posted by

    Thanks for the marvelous posting! I truly enjoyed reading it, you are a great
    author. I will be sure to bookmark your blog and will eventually come back later on. I want to encourage you to ultimately continue your great posts, have a nice day!
    0mniartist asmr

  • Comment Link Wednesday, 14 April 2021 14:39 posted by

    If some one wants to be updated with latest technologies after that
    he must be go to see this web site and be up to date all the time.
    0mniartist asmr

  • Comment Link asmr Tuesday, 13 April 2021 10:16 posted by asmr

    Nice post. I learn something totally new and challenging on sites I stumbleupon every day.

    It's always helpful to read through content from other writers and practice something from
    other websites. asmr 0mniartist

  • Comment Link 0mniartist Sunday, 11 April 2021 20:35 posted by 0mniartist

    Hi there i am kavin, its my first occasion to commenting anywhere, when i read this article i thought
    i could also create comment due to this sensible article.
    asmr 0mniartist




Contact Us

 Contact Us or WhatsApp 09062796865