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Trader Moni Update: BoI unveils How to Transfer the cash to your Bank Account via eyowo and other issues and solutions

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Trader Moni Updates: How to Transfer Trader Moni Loan to your Bank Account using eyowo and other related issues and solutions – This post is written to clarify some things to all our viewers who are still having issues on Trader Moni on how they can go about it. Also eyowo application (app) usage format is also stipulated here. Even how to transfer your Trader moni loan to your bank account or withdraw it.

Contents

What is Trader Moni all about?

Trader Moni is a loan scheme initiated by the Presdient, Muhammadu Buhari. The President Muhammadu Buhari-led administration recognised the contribution of petty traders to economic development and identified the fact that some of them may not have what the commercial banks may require to grant loan, hence, his support for this initiative to help them grow their businesses.

Also, the programme has now been activated nationwide to support two million Nigerians to grow their businesses.

To know more about Trader Moni – Click Here

Confirmation made by the Executive Director of BoI – Trader Moni

The Executive Director, BoI, Toyin Adeniji, at the unveiling of ‘Trader Moni’ at Ojuwoye Market in Mushin, Lagos, said the bank will not relent until every Nigerian who is willing, has access to loan irrespective of their status or level of education.

The goal or aim of Trader moni

The goal of the scheme was to take financial inclusion down to the grassroots where pure water, bread, food sellers and Okada rider, among others, can access loan to expand their businesses without any form of security.

How Trader Moni works

The ‘Trader Moni’ initiative is a mobile phone driven technology. After your details have been captured by the agent and sent to BoI system for validation, within 48 hours you will get cash notification in your mobile wallet account. You can either transfer the cash to your bank account or cash it out at any mobile money agent.

Stages involved in cashing out Trader Moni or applying for trader moni

For a starter, you can access N10,000 and pay back N10,250 to qualify for N15,000. Once you payback N15,375 you will qualify for N20,000 loan and when you pay back N21,000, you will get N50,000. All loan categories have payback duration of six months.

Maximum amount that can be accessed in Trader Moni, Farmer Moni and Market Moni

Corroborating Adeniji, Chief Operating Officer, Government Enterprise and Empowerment Programme, GEEP, Mr. Uzoma Nwagba, said that GEEP has three products – Farmer Moni for farmers with loan access of up to N300,000, Market Moni for traders and artisans that are a little bigger and structured gets loan access of N100,000 and Trader Moni of up to N50,000 loan accessibility.

Steps to go above average in the next 60 days click here

Instructions to Trader Moni, Farmer Moni and Market Moni Beneficiearies

All beneficiaries of Trader Moni, Farmer Moni and Market Moni are urged to ensure they pay back to avail others the opportunity of benefitting same, adding that all these initiatives were aimed at expanding financial inclusion.

There are lots of questions asked by our viewers which we want to tackle. Questions such as;

How do I get a link to government Trader Moni

To get or apply for Trader Moni, Farmer Moni or Market you can go to any Trader Moni agent in your locality or area and apply using your details.

You can also apply using the link www.boi.ng/apply

What is eyowo account

Eyowo account is similar is account for the transfer of your loan to your bank account once you’ve received it in your cell phone.

Eyowo Trader Moni loan

Eyowo Trader moni loan is the same as Trader moni loan of N10,000.

Reasons why others are successful and you are not

Trader Moni boi project

This is a project initiated by the Federal government to assist and expand businesses without security

Trade moni eyowo app

This is an app or application to send or transfer your money to your bank account

How to become Trader Moni Agent

To become trader moni agent, you need to apply through the directors incharge of your area or locality. You can also meet some of the agents in your area for further enquiries as regards to how to apply.

Trade Moni Loan Registration

To register or apply for trader moni, you need to locate Trader Moni agent in your area and apply

How To Apply For Trader Moni

To apply for Trader moni is very easy, just locate any Trader Moni agent in your area and apply or register

Codes for registration for money trader

The code for registration or applying for Trader Moni are sent to the phone number you used while applying for trader moni which will help in completing your application.

www.trader moni.com

Though is not the right link to apply for Trader Moni

Eyowo Trader Moni

Eyowo Trader Moni is a loan scheme initiated by the Federal government to support petty businesses

How Can I Apply The Federal Government Trader Money

To apply for Trader Money, kindly locate any Trader Moni agent in your area or locality and register or apply

How Will I Get Trader Moni Code To Send Through SMS

As soon as you start the registration with the agent, a notification code or Trader Moni will be sent to your phone immediately for validation of the registration.

I Want Be An Eyowo Agent

To become Trader Moni Agent, you need to apply through the Directors in-charge of your area or locality. You can also meet some of the agents in your area for further enquiries as regards to how to apply.

How Will I Fill My Tradermoni Form

Try to meet Trader Moni Agent in your area and fill the form for a successful registration

Eyowo Transfer Code

Eyowo code is used for the transfer of Trader Moni loan to your bank account or for withdrawing the money

Eyowo Registration Portal

Eyowo registration portal is used to apply for transfer of Trader Moni loan to your bank account. Also, before that could be done, try to locate any trader moni agent in your area and get the money first, apply and get the alert first.

How Can I Transfer Trader Moni To My Bank Bank

To transfer Trader Moni to your Bank Account, you can use Eyowo application to do that faster.

Eyowo application is an application used in sending, transferring and withdrawing money from your bank account without going to your bank.

Application For Federal Govt Trader Money

To apply for Trader Money or Trader Moni, use the procedures below

I want to know the procedures on how to send trademoni in to my account

Step One: You can send Trader Moni loan to your account only when you have received the alert

Step Two: Use Eyowo app to transfer the money to your account

Step Three: Follow the instructions stated clearly in your phone

Step Four: Once you get the alert in your phone, make good use of the money

Step Five: Always payback to enable you have access to higher amount

 

What is the code to check trade moni

Use the instructions below and get eyowo app for it

Tradermoni boi Project or Trader moni boi project & Trade moni

Tradermoni boi Project, Trader moni boi project and Trade moni are all the same loan scheme initiated by the Federal government. To apply for it use the steps below.

www.trader moni.com

www.tradermoni.com

Trader Moni Website

Trader Moni Registration Portal

How to withdraw money from eyowo trader money and how to download eyowo app and access eyowo

To download Eyowo application, use https://eyowo.com/

Trader Moni Site Registration

How Do I Became Tradermoni Agent

Code For Withdrawing Trader Moni Loan

How To Register For Buhari Trader Moni Beneficiary

How I Download Trader Moni Application

Which People Can Access Trader Moni

All states in Nigeria can have access to Trader Moni

How to Apply Trader Moni Jigawa, Kano, Katsina, Kebbi, Rivers, Abia, Adamawa, Akwa-Ibom, Anamabra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Kaduna, Kogi, Kwara, Lagos, Nassarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Sokoto, Taraba, Yobe, Zamfara, Abuja

PROCEDURES / STEPS TO APPLY FOR TRADER MONI

Step one: Visit any Trader Moni agent in your area

Step two: Fill the Trader Moni Application form successfully

Step three: Fill your correct phone number

Step four: once you receive the code, use it to validate the account

Step five: once you get alert in your phone, transfer the money to your account

Step six: use Eyowo application to transfer or send the money to your bank account

Step seven: invest the money in your business

Step eight: make sure you pay back the money withdrawn

Step nine: apply for another loan

Step ten: still pay bank to give you more chance of getting higher amount.

Closing Date for Trader Moni Loan Scheme

There is no closing date as the programme is still in progress till it gets to all states and the stipulated number of persons were reached

In case of any questions or challenges during application of Trader Moni, Farmer Moni or Market Moni, Eyowo Application, Comment Below.

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View Comments

  • mubarak ibrahim umar says:

    i have been trying to find some one to register me but i did not,please is der how i can register online for trader money?i am from sokoto

    • basedonnews says:

      Registrations is purely done by Trader Moni agents in your area... Try locating one or ask questions where you can find in your area

  • I registered but have not received

    • basedonnews says:

      How did you register

  • ABUBAKAR ABDULSALAM says:

    My name is Abubakar Abdussalam , and I am also among those whoms have been benefited with the loan of 50, 000 from BOI, on February 2018, and iam all ready repay my loan, since July, but my agent betrayed me , i used to give them cash monthly, but when ever dial *540*265*12# I have been notifying that =dear Abubakar our record show that you are still owing 46, 987.76, kindly replay your loan to avoid been blocking your BVN, plz make an investiinvestigation on loan , 08064283640,

    • basedonnews says:

      Give us the details of the agent incharge of your area to enable us verify more about it

  • Ahmad Abdulrasheed says:

    Some people register in my area and the receive the loan the only problem is that they forgot their password how can they retrieve their password

    • basedonnews says:

      Meet the agent or click on forget password

      • I have done it but still no code was found

        • basedonnews says:

          Dial *540# and see

    • Please is it only eyowo app that can be used to withdraw the money I have try difference code.it will appear but suddenly it says service timeout.

      • Tawakaltu says:

        Please how do I cash out my trader moni loan from aku

  • I have received my cash but I mistakenly entered the cashout page and I punched 9000 thinking it was going to ask for account number..and it has been pending and it was also deducted from the account, is it possible for it to be reversed??

    • basedonnews says:

      Dial *540*265*12# and see... Then you can go to an agent and complain

  • Ibrahim Ali says:

    My name is Ibrahim ali I had registered and I forgot my password clicked on forgot password said "RECOVERY NUMBER NOT YET CONTACT SUPPORT"
    Secondly I contacted eyowo support and nothing more concerning recovering of my PIN.
    Please I hope my problem will solve.
    Thank you

    • basedonnews says:

      Dial *540*265# and follow the instructions... if it persists go to any Trader Moni agent

  • Abubakar m inuwa says:

    Plz my wallet has a problem can't transfer in to my bank account two days now. Even my page not open yet. Plz 09066666639

    • basedonnews says:

      Dial *540*265#

    • please how to creat trader moni wallet?

  • abba danladi says:

    It make people suffer to get their cash after they receive their alert am included

    And Eyowo app is not working

    • basedonnews says:

      Dial *540*265# and confirm

  • Hassan Garba Yusuf says:

    I have gotten a code but my eyowo account is 0.00 what is happen?

    • basedonnews says:

      Dial *540*265*12#

  • Oroyemi moses says:

    I am Musa KAFAYAT ,i have saw the message since last week pls how can I transfer it to my bank account

    • basedonnews says:

      Dial *540*265# or use Eyowo app

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