Agric Loan.

Agriculture is the mainstay of any economy and is fundamental to the socio-economic development of any nation.

Agricultural financing is designed to help farmers achieve better results through the provision of agricultural loans. Loan size is between ₦30,000- ₦1,000,000

For more information about Agric Loan, kindly contact our Customer Service center

Features

  • Facility range: N50,000 (minimum) to N500,000 (maximum)
  • Methodology: Individual, group and corporate
  • Duration: 1-12 months
  • Grace period: 30-60 days
  • Prospective clients must be practicing farmers with verifiable evidence of existing farm investments.

Benefits

  • No collateral
  • Provides capital for farming activities
  • Flexible repayment structure
  • Low interest rate
  • Expert financial advice available

Documents Required

  • Duly completed application form
  • 2 guarantors
  • 2 recent passport-size photographs
  • Current utility bill
  • A valid means of ID (national ID, driver's license, voter's card or international passport)

You may also like:

Bajaj_Qute24

Asset Loan

Asset loan as the name implies is targeted to help existing clients of Riverside MfB purchase assets such as generator, refrigerator, grinding machines etc. that will further enhance the productivity of their enterprise.

firsteduloan

Education Loan

Education loan is a loan designed strictly for the payment of children's school (Primary and Secondary) related expenses in Nigeria only.

Special Loan

Riverside MFB Special loan product was developed to meet the credit needs of exiting regular loan clients who require bigger loan sizes to strengthen their businesses.

Premium customer support

Enjoy the personalized service you need at Riverside Microfinance Bank, including long-term business financial planning and extended-hours access to our specialized business service team.

  • One combined monthly statement for all of your business accounts 
  • Extended-hours access to our specialized business service team