The NatCodev Coconut Farmers Initiative for Development (NCFID) provides affordable financing to accelerate Nigeria’s coconut revolution. Loans are disbursed through partner banks with a blended interest rate structure.
All loans are monitored for impact, sustainability, and repayment performance.
2% per annum — subsidized rate for development impact
7–9% per annum — market-based rate from partner financial institutions
5% flat penalty on overdue amount + reporting to credit bureau.
Join our cooperative to collaborate with fellow coconut farmers in fostering growth and prosperity. Access a supportive network, valuable resources, and collaborative opportunities to enhance your farming practices and livelihood.
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