FG Trader Moni 2021 Registration Form Portal & How to Apply For Trader Moni Loan In Nigeria

FG Trader Moni 2023 Registration Form Portal & How to Apply For Trader Moni Loan In Nigeria

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FG Trader Moni 2023 Registration Form Portal & How to Apply For Trader Moni Loan In Nigeria

Are you looking for FG Trader Moni 2023 Registration Form Portal? or How to Apply For Trader Moni Loan In Nigeria then follow the steps below here. The federal government of Nigeria, has rolled out a new soft loan scheme aimed at funding micro businesses in the country. The scheme to be called Trader Moni is meant to help very small scale traders easily get loans without collateral in Nigeria for the purpose of expanding their small businesses.

The new initiative was launched under the Government Enterprise and Empowerment Programme (GEEP) in partnership with the Bank of Industry (BOI).

FG Trader Moni 2023?

MarketMoni, also known as the Government Enterprise and Empowerment Program (GEEP), issues interest-free loans to market women and traders, artisans, youth, and farmers. It is one of the social intervention programs of the Federal Government and is being executed by the Bank of Industry. MarketMoni has kicked off disbursements to its early set of beneficiaries is expanding across the country.

Beneficiaries receive loans ranging from N10,000 to N100,000 per applicant for as long as 6 months. MarketMoni attracts no interest except a one-time 5% administrative fee. So far over 24,000 beneficiaries have accessed MarketMoni.

MarketMoni, also known as the Government Enterprise and Empowerment Program (GEEP), issues interest-free loans to market women and traders, artisans, youth, and farmers. It is one of the social intervention programs of the Federal Government and is being executed by the Bank of Industry. MarketMoni has kicked off disbursements to its early set of beneficiaries is expanding across the country.

Beneficiaries receive loans ranging from N10,000 to N100,000 per applicant for as long as 6 months. MarketMoni attracts no interest except a one-time 5% administrative fee. So far over 24,000 beneficiaries have accessed MarketMoni.

How To Apply For 2023 GEEP Market Moni Loan In Nigeria

Before you can apply for a GEEP market moni loan in Nigeria, you must belong to an accredited market association or cooperative registered in your state or with the CAC. Your association or cooperative must indicate its interest in MarketMoni by submitting its information to BOI including its certificate of registration.

If your association or cooperative qualifies, a MarketMoni agent would be sent to your group promptly to capture your members for loan assessment.

You can submit a GEEP market money loan application through the MarketMoni web portal ( http://www.marketmoni.com.ng) and you can also make use of paper market moni registration forms.

The agent will capture your details which will include :

  • your full name
  • date of birth
  • gender
  • home address
  • phone number
  • email address
  • geo political zone
  • trader type

Trader type could be :

  • Food Stuff Vendor
  • Product vendor
  • Telcom Service Vendor
  • Clothing and Wears Vendor
  • Other Product/Service Vendor

After you complete your trader moni application, you will have to wait for a text message from trader moni. If you qualify, you will receive a text message with a code you will dial to get the funds.

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