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Part two follows one financing request from start to finish.

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First, chapter four: the facilities themselves, seen by Ibrahim Sule, the Programme Administrator.

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The Financial facilities register lists the five October 2026 facilities.

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For each one you can see its allocation, the balance still available, its instruments and windows, and how much is already in the pipeline.

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Ibrahim opens F-I, Climate-Smart Production Cluster Finance.

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The facility page shows its ₦42 billion envelope, and how that splits across debt, guarantees, trade finance and equity.

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Ticket-size rules set the smallest and largest amount for each kind of applicant.

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A cooperative, for example, can request between ₦25 million and ₦500 million.

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Pricing corridors set the allowed interest rate for each structure, such as full on-lending, or fifty-fifty co-lending.

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Further down are the required security, the insurance rules, and the evidence every applicant must provide.

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DFFMS checks every application and every approval against these rules automatically.

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Chapter five.

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Hauwa applies for ₦45 million to buy seasonal inputs for her cooperative's maize farmers.

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She starts in her account, and first checks her profile.

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In the marketplace, she finds the climate-smart cluster finance window and opens it.

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The left panel shows the governing facility, who provides the money, what it offers, and the first eligibility checks.

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She tells DFFMS she is applying as a cooperative, gives its name, phone number, state and main value chain: maize.

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She chooses the cluster or cooperative ticket, the activity, inputs, and the amount: ₦45 million.

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If an amount falls outside the published band, DFFMS still accepts it, but flags it for the committee as a rule exception.

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Because this is a climate-smart facility, the form asks for climate details: the production cycle,

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the crop, the climate risk, the adaptation technology, and the cluster identifier.

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Then she explains what the money will achieve, for 180 member farmers.

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She gives her consent and submits the secure request.

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The request now appears under My requests with its reference number, and she is notified that it was received.

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At the same moment, the people who review marketplace requests are notified that a new one is waiting.

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Chapter six.

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Before staff can approve money, they must protect their account with two-step verification.

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Yusuf Garba, the Finance Approver, sets it up.

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Staff use their own sign-in page.

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Staff accounts are never created by sign-up, only through an invitation from an administrator.

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From his user menu, Yusuf opens Account security and confirms his password.

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DFFMS shows a setup key and a QR code.

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He adds them to an authenticator app on his phone.

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He is also given single-use recovery codes, to keep somewhere safe in case the phone is lost.

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He confirms he has saved them.

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Finally he types the six-digit code from his app.

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His session now shows as protected.

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From now on, approving money, deciding at committee, or opening a financing case all require this second step, and a recent sign-in.

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Chapter seven.

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Adaeze Okafor, the Platform Super Administrator, reviews new marketplace requests.

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Her notification bell already shows Hauwa's new request, with a link straight to it.

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Marketplace requests lists everything waiting for intake.

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She adds a short note: an eligible cooperative in Kaduna.

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She selects Accept for review.

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Declining is also possible, but always needs a written reason.

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Accepting turns the request into a formal finance application, and Hauwa is told in the app, by email and by push.

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The application now sits in the Finance applications pipeline, at the eligibility review stage.

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Chapter eight.

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Ibrahim Sule moves Hauwa's application through its review stages.

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Every application follows the same path: eligibility review, due diligence, appraisal, and then committee review, where it is approved or declined.

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Each move needs a written reason, and if an application sits too long at one stage, DFFMS escalates it automatically.

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Ibrahim opens the application from the pipeline.

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He can see everything Hauwa submitted, the eligibility checks, and a timeline of every step so far.

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He records that the cooperative's registration, member list and identity checks are verified, and moves it to due diligence.

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After the site visit, the offtake letter and the bank statements are reviewed, he moves it to appraisal.

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His appraisal recommends approval at 16% on fifty-fifty co-lending over twelve months.

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He sends it to committee review.

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The timeline records every move, who made it, when, and why.

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The committee record now waits for an independent decision.

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Chapter nine.

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The decision must come from someone independent of the people who prepared it.

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Here, that is Yusuf Garba.

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Yusuf reads the application and its full timeline.

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He records the committee's reasons and the final terms: fifty-fifty co-lending,

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16.5% interest, three months' grace, and a 15% contribution from the cooperative.

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DFFMS checks the terms against the facility rules.

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A hard breach would block the approval.

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He approves as independent checker.

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The person who requested the decision, or the applicant, could never approve it.

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This is the maker-checker rule, and you will see it everywhere in DFFMS.

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One person makes a record.

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A different person checks and approves it.

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The system enforces it, so no one can move money on their own.

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The application now shows as approved, and the timeline records the committee's decision.

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Yusuf opens the financing case.

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He confirms the beneficiary, the cooperative's reference, that it is women-led, and whether it is youth-led.

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Opening the case reserves the money from the facility's allocation.

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The new financing case starts at its first stage: conditions precedent.

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Chapter ten.

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No money can move until every condition precedent is resolved.

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Ibrahim works through them on the case page.

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Every case carries eleven standard conditions: due diligence, credit approval, identity checks, the borrower's contribution,

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signed documents, security, insurance, permits, environmental and social checks, offtake, and the bank account.

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For due diligence, he records what he reviewed, and marks it satisfied.

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He does the same for the identity and anti-money-laundering checks on the cooperative's executives.

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The other conditions are resolved the same way, each with its evidence.

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Permits do not apply to rain-fed maize on existing farmland.

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But Ibrahim cannot simply waive a condition.

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He requests an independent decision, which must come from a different finance approver with two-step verification.

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Next, he records the crop insurance: an area-yield policy from NAIC, covering the full ₦45 million, with the lender named as loss payee.

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The case page can record twenty-eight kinds of controlled evidence like this.

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Saved records cannot be edited afterwards, only added to.

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Ibrahim then moves the case on to documentation.

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Yusuf is notified that a decision is waiting.

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He opens the case.

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He reads Ibrahim's reason, agrees, and approves the permits condition as not applicable.

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Chapter eleven.

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Funmilayo Ogunleye, the Finance Entry Officer, records the paperwork that must exist before any money leaves.

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First, the executed financing agreement: its version, the date it was signed,

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the execution reference, and who signed for the cooperative and the bank.

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An executed agreement can never be changed.

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Then the disbursement schedule: one tranche of ₦45 million, due on the thirtieth of October, for inputs.

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And the repayment schedule: ₦45 million in principal plus interest, due in October 2027.

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With the policy recorded, the insurance condition is satisfied too.

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Every condition is now resolved.

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Funmilayo tries to mark the case ready to disburse.

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DFFMS refuses.

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This is a high-risk step, and only a finance approver may take it.

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So Yusuf checks the schedules himself.

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He records the transition.

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DFFMS checks the conditions again on the server, and the case is now ready to disburse.

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Chapter twelve.

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The money moves, and again it takes two people.

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On the case, Funmilayo selects Initiate payout for the first tranche.

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She enters the bank transfer reference, picks the ledger accounts to debit and credit, and describes the payment.

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Then she submits it for approval.

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Nothing has been paid yet.

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The payout now waits in Transactions, marked pending approval.

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Yusuf finds it in Transactions, checks the transfer evidence against the approved tranche, and approves it.

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He could also reject it, with a reason.

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Approval posts the payment to the general ledger.

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The ledger is double-entry and immutable.

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Entries are never edited or deleted.

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A mistake is corrected only by a linked reversal, which is itself approved.

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Back on the case, the tranche now shows as disbursed.

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Chapter thirteen.

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After the harvest, the cooperative starts to repay.

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Funmilayo opens the repayment schedule on the case and selects Record repayment.

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She enters ₦20 million received from maize sales, with the bank reference, and submits it for approval.

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Yusuf confirms the credit on the bank statement and approves it in Transactions.

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The Repayments register and the case both show the payment.

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If an instalment is ever overdue, DFFMS sends reminders after one, seven and thirty days, and escalates at thirty.

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Meanwhile, Hauwa sees her request's progress in her own account.

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Every decision reached her as a notification in the app, and as an email in her inbox.

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Chapter fourteen.

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Everything recorded on cases also appears in registers that span the whole portfolio.

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Financing cases, loans and disbursements each have their own register.

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Every register can be searched, filtered by status, and exported to a spreadsheet.

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Reconciliation, conditions precedent, collateral and security, insurance policies

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and repayment schedules are all here, across every case Ibrahim is allowed to see.

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Warehouses and receipts supports the Agric-Vault facility.

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Staff can register a warehouse, issue a receipt, record an inspection and valuation, or record stock movements.

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A pledged receipt can only be released through its financing case.

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Offtake agreements, infrastructure projects, public-private partnerships and project preparation complete the set, for facilities three to five.