Expanding Financial Access in Agriculture Through Agent Networks

NIRSAL PIC: Relevance and Experience in the Agric Space NIRSAL PIC, The Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) ✓ incorporated in 2013 as a Non-Banking Financial Institution, designed to appropriately Define, Measure, Price and Share agribusiness related credit risk ✓ a $500Million public liability company wholly owned by the Central Bank of Nigeria ✓ operates as an autonomous private sector institution with a distinct governance structure outside of the CBN; governed by a Board of Directors. NIRSAL is a public private initiative of the following partners: The Central Bank of Nigeria Bankers Committee NIRSAL Federal Ministry of Agriculture and Rural Development

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