Empowering Nigerian Coconut Farmers

We’re revolutionizing the landscape with innovative financing solutions

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Join the Agricultural Revolution

Access inputs, markets, and financial services in one cooperative

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Sustainable Coconut Farming

Training, certification, and climate-smart practices

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Financial Inclusion

Loans, savings, and insurance tailored for farmers

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Market Access Guaranteed

Link directly to processors and exporters

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Youth & Women Empowerment

Special programs for inclusive growth

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Digital Farmer ID

Secure, verifiable identity for every member

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National Impact

Scaling across all 36 states and FCT

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Partnership for Growth

Collaborating with FMARD, COCONUT, and development partners

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Build Generational Wealth

Through sustainable coconut agribusiness

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Our Partners

Eligible Borrowers

Coconut Farming Enterprises (CFE)

  • Registered agribusinesses involved in coconut value chain
  • Must have valid CAC registration
  • Minimum 2 years of operation
  • Clear business plan and financial records

Coconut Farmers Cooperatives & Organizations (CFCO)

  • Legally registered cooperative with minimum 20 active members
  • Valid registration from Cooperative Affairs Department
  • Functional leadership and governance structure
  • Active bank account and savings history

Eligible Loan Purpose

Working Capital

  • Purchase of inputs (seedlings, fertilizers, pesticides)
  • Labour and operational costs
  • Transportation and logistics

Fixed Asset Investment

  • Processing equipment (graters, dryers, oil extractors)
  • Irrigation systems
  • Storage facilities and warehouses

Loan Security / Collaterals

Direct Lending

  • Individual borrower liability
  • Acceptable collateral: landed property, equipment, or third-party guarantee
  • Maximum loan: ₦10 million

On-Lending

  • Cooperative assumes group liability
  • Collateral: collective assets or revolving fund
  • Maximum loan: ₦50 million per cooperative

Comprehensive Overview

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.

Interest & Penalty Rate

NatCodev Portion

2% per annum — subsidized rate for development impact

Bank’s Portion

7–9% per annum — market-based rate from partner financial institutions

Penalty for Late Repayment

5% flat penalty on overdue amount + reporting to credit bureau.

Need Help? Contact Our Team

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Email Us

info@coconutventurehub.ng

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Join The Coconut Farmers Cooperative

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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