The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) 

NIRSAL’S FIVE PILLARS

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Risk Sharing

$300milion

Share credit risks with providers of Finance and Investments (up to 75% loss incurred)

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Insurance

$30milion

Develop innovative Insurance products to beneficiaries

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Technical Assistance

$60milion

Build capacity of financial institutions and agricultural value chain players; Fixing the broken AVC

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Rating

$10milion

Rate lenders and Value Chain actors according to their effectiveness

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Incentive Mechanism

$100milion

Reward value added performance by AVC actors and lenders