NIRSAL (Nigeria Incentive-Based Risk Sharing System for Agricultural Lending) is a prominent brand dedicated to revolutionizing Nigeria's agribusiness sector. As a non-bank financial institution, NIRSAL works closely with the Central Bank of Nigeria and the Federal Ministry of Agriculture and Rural Development to de-risk the agriculture and agribusiness finance value chain.

NIRSAL's primary objective is to stimulate the flow of affordable finance and investments into the agricultural sector. They accomplish this by implementing five strategic pillars: Risk Sharing, Insurance, Technical Assistance, Incentives, and Rating.

Under their Risk Sharing pillar, NIRSAL shares credit risks with financial providers and investors, covering up to 75% of losses incurred. Additionally, they develop innovative insurance products and offer technical assistance to build the capacity of financial institutions and agricultural value chain players. NIRSAL also rates lenders and value chain actors based on their effectiveness and provides incentives to reward value-added performance.

By forging partnerships between agriculture and finance, NIRSAL aims to maximize the potential of agriculture for food security, job creation, and economic growth. Join NIRSAL on their mission to transform the economy, deliver inclusive growth, and impact lives.