The Central Bank of Nigeria (CBN) in line with its developmental function established the Anchor Borrowers’ Programme (ABP). The Programme which was launched by President Muhammadu Buhari (GCFR) on November 17, 2015 is intended to create a linkage between anchor companies involved in the processing and small holder farmers (SHFs) of the required key agricultural commodities. The programme thrust of the ABP is provision of farm inputs in kind and cash (for farm labour) to small holder farmers to boost production of these commodities, stabilize inputs supply to agro processors and address the country’s negative balance of payments on food.
Related Article: Latest Updates Concerning CBN-Manara Anchor Borrower Zero Interest Loan Application 2020
Objectives of Manara CBN Loan
- Assist rural smallholder farmers to grow from subsistence to commercial production levels.
- Create new generation of farmers/entrepreneurs and employment
- Assist rural smallholder farmers to grow from subsistence to commercial production levels.
How to get Manara cbn Loan with None (zero) Intrest
Manara Loan Form: to apply visit http://manaraabp.com/abp
and complete the application form online on the Manara Loan manaraabp.com application Portal.
NOTE: Application is free off charge