SWAY AgFin CRRP Project

Target Impact

Supporting 109,314 young men and women, including business-oriented youths, tech-savvy fresh graduates keen on agricultural innovations, and experienced farmers and other stakeholders committed to agriculture.

Status: Active

Country

Nigeria

Period

2020 – 2024

Industries

Agriculture

Impact to Date

510k+

Over 510,000 young Nigerians were reached and supported with agricultural finance, and more than 160,000 were equipped with dignified and fulfilling work.

Partnership Focus

SWAY AgFin is a single-digit interest fund that supports youth and women 18-35 years old in agribusiness to increase agricultural output and profitability. This includes smallholder farmers, processors, input providers, and SMEs/small-scale processors.

In Partnership With

Sterling Bank Plc is a full-service national commercial bank licensed by the Central Bank of Nigeria. The bank provides financial services to individuals, small businesses, and large corporations.

 

In over 60 years of operations, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank. It also completed a merger with four other banks—Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank, and Trust Bank of Africa—as part of the 2006 consolidation of the Nigerian banking industry.

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