Grow Your Livestock Business with Fidelity DBN-LPRES
Empowering the Hands That Feed Us
Fidelity Bank, in partnership with the Development Bank of Nigeria (DBN), proudly introduces the Livestock Productivity Resilience and Support (LPRES) initiative — a tailored loan solution designed to support livestock farmers and agribusinesses across Nigeria.
Whether you’re raising cattle, managing a piggery, running a poultry business, or operating along the livestock value chain, LPRES offers affordable financing and structured support to help your business grow.
Why Choose DBN-LPRES?
Up to ₦1.8 Billion in Funding
Tenor of up to 6 Years
Low Interest Rate
(Capped at 16% per annum)
Flexible Repayment Terms
Free Business Advisory Services
Who Can Apply?
- Cattle, pig, and goat farmers
- Livestock processors and transporters
- Agribusinesses along the livestock value chain
- MSMEs in meat, dairy, input supply and veterinary services
What You Need to Apply
- 12-Month Bank Statement
- Customer Request Letter
- Letter of Intent/Off-taker Agreement
- Invoices or Bill of Quantities (where applicable)
- Collateral documents and valuation report
- Projected Cash Flow
Why It Matters
Over 95% of Nigeria’s livestock farmers are small-scale operators with limited access to credit. LPRES is changing that by giving you the funding, support, and breathing room you need to thrive. It’s not just about loans — it’s about building a sustainable future for Nigeria’s food economy.
Ready to Scale Your Livestock Business?
Kindly fill the form below to start your application or Visit any Fidelity Bank branch today
Frequently Asked Questions
The DBN-LPRES is an initiative under the Development Bank of Nigeria (DBN) aimed at boosting the livestock sub-sector by improving productivity, ensuring food and nutrition security, increasing income, enhancing social cohesion between farmers and herders, and promoting long-term sustainability.
- Livestock farmers (cattle, sheep, goats, pigs).
- Dairy and poultry producers and processors.
- Agribusinesses involved in livestock value chains.
- Value chain actors such as off-takers, transporters, processors, and input suppliers.
- MSMEs with strong linkages to the livestock sector.
- Livestock production and processing: beef, dairy, piggery, goat rearing etc.
- Value chain activities: transport, processing, input supply.
A single borrower can access up to N1.8bn
It is tenored up to 6 years.
Businesses that qualify for this funding should be well structured and have a clear organizational hierarchy.
- Working Capital Finance- 12 months
- Asset/Expansion Finance- with 30% equity contribution
- Boost in productivity and competitiveness.
- Improve efficiency across the value chain.
- Extended tenor and flexible repayments.
- Food and nutrition security through better livestock output
Yes. This is subject to management’s approval
- Customer Request Letter
- Recent 12 months Statement of Account(s)
- Detailed Business Plan
- Letter of intent or Off-takers Agreement (where applicable)
- Invoices (mandatory for asset finance)
- Bill of Quantity (where applicable)
- Projected Cash flow Analysis
- Valuation report of pledged collateral
- Verified collateral documents (without encumbrance)
