How to Apply for GEEP Free Loan 2023/2024, Application Procedure and Guidelines – There is a new development on how to apply for GEEP Free Loan 2023/2024, Trader Moni Loan, Market Moni Loan, FarmerMoni, Npower etc. With this article, guidelines and procedures on how to apply for GEEP Free Loan are given.
Contents
Micro, Small and Medium businesses are the bedrock of the Nigerian economy. Facts are: Nigerian has over 77 million MSMEs today, employing over 60 million of our people and contributing about 85% of our total labor force in the country. In its resolve to support and accelerate economic activity of MSMEs, the Federal Government has established MarketMoni.
MarketMoni, is a Federal Government micro-lending intervention that provides affordable loans of up to N100,000 (N50,000 for under-banked and unbanked first-time borrowers) at no interest rate apart from a five percent (5%) one time administrative fee. Our target is 1 million Nigerian micro businesses in all 36 states + the FCT. We encourage traders, artisans, enterprising youth and farmers to apply though our platform, especially women.
Both market moni, trader moni and farmer moni are among the four schemes under the Social Intervention Programme of the Government, and is being executed by the Bank of Industry (BoI).
Note- This is ONLY for those that have a company or a business registered by the CAC
Click Here to apply for Trader Moni Free Loan
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I need this loan to start up a a good and genuine business and I want to further my education so please if you grand me this iopportunity