Add us on Google
Lagos-based broiler farmers now have an opportunity to access financing support of up to N5 million under the Lagos Broiler Project Loan Programme, an initiative supported by the Lagos State Employment Trust Fund (LSETF) in partnership with CubeSeed.
The programme is designed specifically for broiler poultry farmers in Lagos State who want to expand production capacity and scale their poultry businesses sustainably. Eligible applicants can access loans of up to N5,000,000 at a 9% annual interest rate, with a repayment period of 12 months.
This financing intervention is targeted at farmers capable of producing up to 1,000 broiler chickens per cycle, helping them meet growing poultry demand while improving business stability and output.
Loan Benefits
Under the scheme, selected farmers will receive:
- Loan amount: Up to N5,000,000
- Interest rate: 9% per annum
- Repayment duration: 12 months
- Flexible tenor structure
- Production target support for 1,000 broiler chickens per cycle
The initiative aims to strengthen poultry production in Lagos by improving access to affordable finance for small and medium-scale broiler operators.
Eligibility Requirements
Applicants must meet the following conditions:
Identification Requirements
- Valid government-issued ID (National ID, Driver’s Licence, or Voter’s Card)
- LIRS registration ID
- LASRRA ID
Business and Financial Requirements
- CAC registration documents
- Valid BVN
- Six months’ official business bank account statements
Commitment and Security Conditions
- Applicant must provide 5% of the total project cost
- Two reliable guarantors are required
- Applicant must be a Lagos resident
- Must be willing to undergo physical farm verification by CubeSeed agents
Who Can Apply?
This programme is strictly for broiler farmers operating within Lagos State. Farmers outside Lagos are not eligible.
How to Apply
Interested and qualified applicants should complete the application form online using the official link below:
Farmers are advised to review all requirements carefully before submitting applications, as only eligible and complete submissions will be considered.
Application Note
This opportunity is particularly valuable for poultry farmers seeking affordable capital to scale production without facing high commercial lending rates. With predictable repayment terms and targeted agricultural support, the Lagos Broiler Project offers a practical financing pathway for poultry business growth in the state.
Read also: NACCIMA launches 20 million economic trees initiative to boost wealth creation
