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
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.
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 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.
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.
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.
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.
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.
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
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 is the same as Trader moni loan of N10,000.
This is a project initiated by the Federal government to assist and expand businesses without security
This is an app or application to send or transfer your money to your bank account
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.
To register or apply for trader moni, you need to locate Trader Moni agent in your area and apply
To apply for Trader moni is very easy, just locate any Trader Moni agent in your area and apply or register
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 is a loan scheme initiated by the Federal government to support petty businesses
To apply for Trader Money, kindly locate any Trader Moni agent in your area or locality and register or apply
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.
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.
Try to meet Trader Moni Agent in your area and fill the form for a successful registration
Eyowo code is used for the transfer of Trader Moni loan to your bank account or for withdrawing the money
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.
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.
To apply for Trader Money or Trader Moni, use the procedures below
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
Use the instructions below and get eyowo app for it
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
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
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
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.
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
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
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
How did you register
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,
Give us the details of the agent incharge of your area to enable us verify more about it
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
Meet the agent or click on forget password
I have done it but still no code was found
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.
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??
Dial *540*265*12# and see... Then you can go to an agent and complain
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
Dial *540*265# and follow the instructions... if it persists go to any Trader Moni agent
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
Dial *540*265#
please how to creat trader moni wallet?
It make people suffer to get their cash after they receive their alert am included
And Eyowo app is not working
Dial *540*265# and confirm
I have gotten a code but my eyowo account is 0.00 what is happen?
Dial *540*265*12#
I am Musa KAFAYAT ,i have saw the message since last week pls how can I transfer it to my bank account
Dial *540*265# or use Eyowo app