FG Approves New Documentation Date For SEIFAC Loan

FG Approves New Documentation Date For SEIFAC Loan

The Federal Government has approved a new documentation  date for SEIFAC Loan. In this article we will be walking you through the new date and all you need to know about the SEIFAC Loan.

Before we continue, it may interest you to read Ministry Announces Next Stage For Batch C Stream 1 Candidates

The SmallHolder Economic Interest Farmers Agricultural Cooperative(SEIFAC), it is one of the Nigerian loan platform that has been Approved by the Federal Government Of Nigeria in order  to give out loans to all farmers in the country as to support them in this critical period.

The registration of the scheme is still ongoing in some states.Although the documentation is still ongoing as applicants are advised to be patient.

From the recent memo released by the SEIFAC management that the deadline for the documentation has been extended from 29th May, 2021 to 12th June 2021.

The management which give their condition for the extension says they have noticed that many of their members haven’t received their SEIFAC Project Wallet Accounts from SEIFAC Participating Financial Institute(PFI) HERITAGE BANK plc.

Therefore, Applicants who haven’t Received their SEIFAC project Wallet Accounts are to exercise patience as every documentation regarding accounts opening will be done successfully.

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FG Approves New Documentation Date For SEIFAC Loan