NIRSAL Covid-19 Loan Portal: NIRSAL specializes in Value Chain Fixing, Agribusiness Project Development, Finance Facilitation, and Agricultural Risk Management. Their Loans will assist you in the process of building businesses and maintaining your lifestyle or expanding an existing business. Read on for more information.

NIRSAL Covid-19 Loan Portal


NIRSAL offers a guarantee to bankers and investors, which increases their confidence and removes barriers to the free flow of finance and investment in agriculture and agribusiness in Nigeria. It also manages and shares project and credit-related risks.

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What to Know About NIRSAL

The Central Bank of Nigeria (CBN) established the US$500 million Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) to redefine, dimension, measure, re-price, and share agribusiness-related credit risks in Nigeria.

By de-risking the agriculture & agribusiness finance value chain, fixing agricultural value chains, building long-term capacity, and institutionalizing incentives for agricultural lending.

Through its five (5) strategic pillars, NIRSAL has been established in collaboration with the Federal Ministry of Agriculture and Rural Development (FMARD) and the Nigerian Bankers’ Committee.

Mission: To forge partnerships between agriculture and finance; maximizing the potential of agriculture for food security, job creation, and economic growth.

Vision:  Transforming the Economy, Delivering Inclusive Growth, and Impacting Lives.

The Five (5) Pillars of NIRSAL

1. Risks sharing ($300million): Share credit risks with providers of Finance and Investments (up to 75% loss incurred)

2. Insurance ($30milion): Develop innovative Insurance products for beneficiaries

3. Technical Assistance ($60milion): Build capacity of financial institutions and agricultural value chain players; Fixing the broken AVC

4. Rating ($10milion): Rate lenders and Value Chain actors according to their effectiveness

5. Incentive Mechanism ($100milion): Reward value-added performance by AVC actors and lenders

NIRSAL Covid-19 Loan Portal

Nirsal has different types of loans listed below:

1. Non-Interest Facilities

Non-Interest Targeted Credit Facility stimulus package for Households and SMEs (TCF-NI), Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS-NI), a CBN Intervention Fund for Agri-Businesses.

2. Commercial Loan

NIRSAL MFB customers that are traders (Products: food, electronics, allied products, computers/phones, spare parts, building material, etc). Available products include micro-loan petty cash.


The CBN introduced the N50 Billion Targeted Credit Facility to support Households and SMEs affected by the COVID-19 Pandemic. The Maximum amount is N1,000,000 for Households and N2,500,000 for SMEs.

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Application for Non-Interest Facilities

Select a facility type below to proceed:

1. Non-Interest Tcf

The CBN introduced the N50 Billion Non-Interest Targeted Credit Facility to support Households and SMEs in the Country

Apply for:

Apply for household facility

Apply for sme facility

2. Non-Interest Agsmeis

NIRSAL MFB customers that are traders (Products: food, electronics, allied products, computers/phones, spare parts, building material, etc)

Apply Here

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