How to Get or Apply Guaranteed Fund Credit in Nigeria

Get or Apply Guaranteed Fund Credit in Nigeria By Yourself

  • The applicant must approach any branch of the Central Bank or commercial bank in Nigeria to apply for Guaranteed Credit Credit.
  • You can find the address and contact information for the Central Bank branch offices at the following link: Link

  • Click the link to get the address.
  • Visit the branch nearest you to find out more about Guaranteed Fund credit or a commercial bank that offers Apply Guaranteed Credit.
  • First, you will need to open an account at the commercial bank. Follow the procedure.
  • Next, you will need to obtain a Guaranteed Fund Credit application form from the appropriate department. Click here to download Link
  • Please complete the application form, including all required information and details.
  • Attest the completed form, and attach the required documents to this page.
  • Send the completed application to the appropriate authority.
  • If you need a loan amount greater than N20,000.00, you will need to provide security.
  • After the submission, the internal processing of your application and the verification of all attached documents by the appropriate officials will begin.
  • You will also require insurance coverage from the Nigerian Agricultural Insurance Corporation. You can find the address and contact information at this link: Link

Documents Required For Get or Apply Guaranteed

  • Completed application form
  • Particulars about all Directors (LLC).
  • Copy of Memorandum & Articles of Association (LLC).
  • Certificate of incorporation (LLC).
  • Names of partners/sole proprietors (Businessname)
  • Copie of the Registration Certificate.
  • Balance sheet
  • Board Resolution
  • Feasibility Report
  • Three-year Audited Account
  • Account Statistics
  • Cash Security
  • Machinery Insurance, Debenture and Proof of Stocks
  • Form for Director’s Guarantee
  • Guarantor’s Form
  • Expected output returns and project cost
  • Profitability of the Project

Find Office Locations and Contacts

Central Bank of Nigeria,Plot 33, Abubakar Tafawa Balewa Way,
Central Business District
Cadastral Zone,
Abuja, Federal Capital Territory,
Phone: +234 700 225 5226
Website: Link
Link CBN branches
Unity bank: link
African Guarantee Fund: Link

What are all the Eligibility

Any Nigerian agricultural enterprise that wants to be eligible for credit under the guarantee fund model of CBN can apply.


The service is often provided at no cost.


It all depends on the duration of the farm activity the farmer is involved in.

Documents for Use

Application form: Link


  • Two passport-sized photographs should be attached to the application form.
  • The lending bank will require collateral if your loan application exceeds N20, 000.00. You can provide collateral in the form of tangible items or cash security for 25% of the loan amount.
  • A personal guarantee from someone in your area or a loan amounting to N20,000.00 or more can be obtained. You may also be eligible for a loan up to N20,000.00 by becoming a member of a Self Help Group or Cooperative Society.

Requirements Information

  • Name of the applicant
  • Age and date of birth
  • Address of the farmer’s residence
  • Email address and contact number
  • Address of the business
  • Occupation
  • Name and address of Banker
  • Information about the security offered
  • Dimensions of the farm
  • Additional details about the farm
  • Income/Expenditure details
  • Bank details

You will need the document

Guaranteed Fund Credit is credit that can be used to finance various agricultural enterprises. It works in conjunction with a guarantee fund model. It is based on the Agricultural Credit Guarantee Scheme (CBN).



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