Renewed Hope Smallholder Support and Value-Chain Fund

 The Renewed Hope Smallholder Support   and Value-Chain Fund

Expression of Interest (EOI) For Farmers Aggregator Companies Under the Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF)

Introduction

The Bank of Agriculture (BOA) invites eligible and competent Farmer Aggregator Companies (FACs) to express interest in participating as accredited aggregation partners under the Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF).

    The Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF)is a strategic financing intervention designed to provide affordable credit, quality inputs, extension services, and guaranteed market off-take to smallholder farmers across Nigeria. Aggregators play a critical role in farmer mobilization, input distribution, production support, harvest aggregation, and market linkage.

 

Eligibility Criteria

Interested companies must meet the following minimum requirements:

 

 Registration

1.  Duly registered with the Corporate Affairs Commission (CAC).

2.  Certificate of Incorporation and Memorandum of Association

 

Financial Standing

 

1.  Audited financial statements for the last 3 years.

2.  Annual turnover of at least ₦500,000,000.00 (Five Hundred Million Naira).

3.  Valid Tax Clearance Certificates (2022, 2023, 2024).

4.  Evidence of Pension (PENCOM), ITF, and NSITF compliance.

5.  Operational Bank Account with the Bank of Agriculture (post submission)

 

Experience

 

1.  Minimum of 3 years experience in agricultural produce aggregation, out-grower management, or value-chain coordination.

2.  Proven track record of working with smallholder farmers in clusters/cooperatives.

Required Documentations

Applicants must submit the following documents (clearly labeled and in PDF format):

• ·          Formal Application Letter/Cover Letter
• ·          Certificate of Incorporation (CAC) + Forms CAC 2 & 7 (or CAC 1.1)
• ·          Memorandum & Articles of Association
• ·          Audited Accounts (2022, 2023, 2024)
• ·          Tax Clearance Certificates (2022, 2023, 2024)
• ·          PENCOM, ITF, NSITF Compliance Certificates
• ·          Interim Registration Report (IRR) – National Database of Contractors
• ·          Evidence of Registration with NASC, NAIDA, or other relevant bodies
• ·          Bank Reference Letter
• ·          Evidence of Past Similar Projects (Last 3 years)
• ·          Details of Warehousing & Logistics Capacity
• ·          Economic of Production (EOP) for the targeted cash crops(Excel version)
• ·          Credit Appraisal Memorandum (if applicable)
• ·          Bank Statement for the last one year
• ·          NIRSAL Letter of Intent to Guarantee.

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