SEIFAC 2022: How To Collect Your ATM In January (60,000 Farmers Only)
SEIFAC 2022: How To Collect Your ATM In January (60,000 Farmers Only)

SEIFAC 2022: How To Collect Your ATM In January (60,000 Farmers Only)

Beneficiaries of the Smallholder Economic Interest Farmers Agricultural Cooperative (SEIFAC) will officially commence massive collection of their ATM credit cards at the tall end of January 2022.

All SEIFAC beneficiaries are to key into this for effective disbursement of funds, although there will be a press statement regarding this, according to the official handle of SEIFAC

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The first batch of the SEIFAC/CBN Anchor Borrowers Programme will soon start getting massive alerts via the SEIFAC ATM credit card

FG Approved the N15B SEIFAC fund to begin the loan program. The government has approved N15B for the 1st batch of SEIFAC / CBN-See details

According to SEIFAC Director, “SEIFAC/CBN disbursement process is 90% completion, upon completion, applicants with SEIFAC ATM credit card will be credited swiftly

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Mr. Patrick Abur, the National Coordinator gives full details of the SEIFAC ATM gift card

“SEIFAC Farmers Association along with the connection of Business Administration (PFI) Heritage Limited will launch a gift card to farmers who are planning to collect loans from Seifac under the leadership of Anchor loan program”

“SEIFAC has opened a Wallet Project account for its members to prepare for Anchor Borrowers to produce rice that the largest bank of Nigeria (CBN) has launched it a few years ago”

′′ The ATM card will use two reasons to handle their SEIFAC Project Wallet account and Module Identity”

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“The ATM card marked will be carrying SEIFAC label with the name, state, ID of LGA members, etc, before any payment can take place” Read more

ATM (Gift Card) Distribution

In no distant time, SEIFAC beneficiaries will start getting their ATM gift card, this ATM card will be used to withdraw funds disbursed in their account, Mr. Patrick Abur, the National Coordinator of SEIFAC affirmed this

Though no specific time frame was given, it will not clock 2022 as funds are already stashed in various banks of SEIFAC beneficiaries

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The ATM card has two major functions

It will handle the SEIFAC Project Wallet account

Module Identity of all SEIFAC beneficiaries will be strictly monitored, as the program is of paramount importance to food security in the country

The ATM card marked will be carrying SEIFAC label with the name, state, ID of LGA members, etc, before any payment can take place”

SEIFAC beneficiaries must understand that the chip in this card is very cumbersome to implement, there are many issues that have been resolved to get to this card

How To Collect Your ATM Card  In January

By the tail end of the first month of January 2022, there will be a comprehensive guideline and proper direction on the distribution and collection of the ATM card-Details

We will bring you full details as to all the 36 states and Abuja, the collection point, date, and time as soon as the distribution starts  

How To register for SEIFAC-Start Here

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