SEIFAC Loan 2021 Update: We’ll Disburse Funds In 3 Weeks Time -FG

All is set for FG to disburse Funds meant for SEIFAC applicants who were successfully shortlisted and verified

The FG will, in no distant time disburse funds to all Shortlisted Persons in the SEIFAC Loan program  

According to FG, SEIFAC Loan will be disbursed in 3 weeks’ time, meaning massive disbursement will commence by the first week of September 2021.

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Recent Update From SEIFAC

  1. The disbursement of funds to members will kick off three weeks from now after proper investigations and monitoring of member’s account.
  • Applicants are expected to visit their respective banks for account upgrade, as some members may fail to receive their funds due to the inability of their account to receive huge amount of money.
  • However, members are entitled to farm on three crops which includes; maize, cassava, and rice.
  • The management will also provide machines and fertilizers to help fasten the farming conclusion, all members have three weeks from today to regularize numbers of the hectare requested, fill and submit all forms and payment of dues.
  • After weeks, members should expect their funds in their respective wallets for their Agricultural business.

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