The Renewed Hope Smallholder Support and Value-Chain Fund is an agricultural financing initiative by the Bank of Agriculture (BOA). The Renewed Hope Smallholder Support and Value-Chain Fund program aims to support smallholder farmers in Nigeria through affordable credit, quality farm inputs, extension services, and market access.
The bank invites eligible Farmer Aggregator Companies (FACs) to express interest in becoming accredited aggregation partners.
This Post covers the eligibility criteria, required documents, application process, and deadline for the Renewed Hope Smallholder Support and Value-Chain Fund.
Table of Contents
About RH-SHF EOI Portal.
This platform enables Farmer Aggregator Companies to submit their Expression of Interest for participation in the Renewed Hope Smallholder Support and Value-Chain Fund program.
About Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF)
The Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF) aims to improve access to agricultural financing and strengthen farming value chains across Nigeria.
Under the Bank of Agriculture Renewed Hope Fund, qualified Farmer Aggregator Companies help organise farmers, distribute inputs, coordinate production, manage harvested produce, and connect farmers with buyers.
The RH-SHF program focuses on supporting smallholder farmers through organised farmer clusters and agricultural value-chain partnerships.
Objectives of the Programme
The Renewed Hope Agricultural Financing Programme aims to:
- Provide affordable agricultural credit.
- Improve access to quality farm inputs.
- Support agricultural extension services.
- Strengthen farmer clusters and cooperatives.
- Improve storage, harvest management, and logistics.
- Connect farmers with reliable markets.
- Support agricultural production across Nigeria.
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Eligibility Criteria
The programme targets Farmer Aggregator Companies that meet the following requirements.
1. Corporate Registration
Applicants must have:
- Corporate Affairs Commission (CAC) registration.
- Certificate of Incorporation.
- Memorandum and Articles of Association.
2. Agricultural Experience
Companies must demonstrate:
- At least three years of experience in agricultural aggregation, out-grower management, or value-chain coordination.
- An established network of smallholder farmers.
- Experience working with farmer clusters or cooperatives.
- A proven record of similar agricultural projects.
3. Operational Capacity
Applicants must have:
- Functional extension and advisory services.
- Capacity to distribute agricultural inputs.
- Harvest aggregation and management systems.
- Warehousing or storage facilities with GPS tracking. Digital e-warehousing is preferred.
- Market linkage and payment management systems.
- Logistics and fleet management capacity.
- Farmer mobilisation and verification systems.
The company operator or its agent must reside at or near the warehouse location.
4. Financial Requirements
Applicants must provide:
- Audited financial statements for the last three years.
- Annual turnover of at least ₦500 million.
- Tax Clearance Certificates for 2022, 2023, and 2024.
- PENCOM, ITF, and NSITF compliance evidence.
- An operational BOA bank account after submission, as stated in the programme requirements.
- A reference letter from a reputable commercial bank indicating willingness to provide a credit facility if needed.
5. Agricultural Regulatory Registration
Companies must provide evidence of registration with relevant agricultural regulatory bodies, including NASC, NAIDA, or other applicable organisations.
Required Documents
Applicants must submit clearly labelled documents in PDF format, except where another format is specified.
Prepare the following:
- Formal application letter or cover letter.
- CAC Certificate of Incorporation.
- CAC Forms 2 and 7, or CAC 1.1, as applicable.
- Memorandum and Articles of Association.
- Audited accounts for 2022, 2023, and 2024.
- Tax Clearance Certificates for 2022, 2023, and 2024.
- PENCOM, ITF, and NSITF compliance certificates.
- Interim Registration Report (IRR) from the National Database of Contractors.
- Evidence of registration with NASC, NAIDA, or other relevant bodies.
- Bank reference letter.
- Evidence of similar projects completed within the last three years.
- Details of warehousing and logistics capacity.
- Economics of Production (EOP) for targeted cash crops in Excel format.
- Credit Appraisal Memorandum, if applicable.
- Bank statements for the last one year.
- NIRSAL Letter of Intent to Guarantee.
Review all documents before submission to ensure they meet the programme requirements.
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Benefits of the Programme
The Renewed Hope Smallholder Support and Value-Chain Fund program aims to improve agricultural production and market access through:
- Affordable credit for agricultural activities.
- Access to quality farm inputs.
- Extension and advisory services.
- Improved farmer aggregation.
- Better harvest management and storage.
- Market access and off-take arrangements.
The exact financing amounts, interest rates, repayment terms, and disbursement conditions should be confirmed with BOA.
Important Tips for Applicants
- Confirm that your company meets all eligibility criteria.
- Prepare complete financial and tax records.
- Provide evidence of at least three years of relevant experience.
- Document your farmer clusters and out-grower network.
- Prepare accurate warehouse and logistics details.
- Submit the Economics of Production document in Excel format.
- Confirm the deadline before submitting.
- Avoid agents who promise guaranteed approval.
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How to Apply for the RH-SHF Program.
Follow these steps to submit your Expression of Interest.
Register your organization and submit your Expression of Interest to participate in the RH-SHF program.
Step 1: Visit the official BOA website at Boanig.com/rh-shf/
Step 2: Review the requirements
Step 3: Prepare your documents
Step 4: Access the application portal
Step 5: Complete the Expression of Interest
Step 6: Upload the required documents
Step 7: Submit your application
Step 8: Monitor updates
Application Deadline
The stated deadline for the Renewed Hope Smallholder Fund 2026/2027 is November 2, 2026.
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