In August, 2024, Grooming Centre, in collaboration with GIZ Nigeria, launched the Grooming Agricultural Loan (GAL), to support farmers and agro-businesses in 14 states of Nigeria. The pilot programme aims to disburse 10,000 loans by December 2026 to enhance financial inclusion and foster growth in Nigeria’s agricultural value chain.
Speaking at the product launch in Lagos, Mr. Alex Enyinnah, Grooming’s Executive Director Programmes said: “We are very pleased to launch this product at a time when Nigeria’s food security has taken centre stage in the national discourse more than ever before. GAL will address the working capital needs of farmers in crop production, animal husbandry and agro-enterprises and will contribute to improving Nigeria’s food security, employment and economic growth while expanding Grooming’s outreach to underserved areas.”
This initiative reaffirms Grooming Centre’s commitment to empowering the economically active and supporting Nigeria’s agricultural sector.