How To Apply for FG Trader Moni in Nigeria

Contains ads
1000+
Downloads
5000+
Users

How To Apply for FG Trader Moni in Nigeria

Contains ads

1000+
Downloads
5000+
Users

App Description

This app titled How To Apply for FG Trader Moni in Nigeria gives a step by step guides on how you can apply for the loan.

What is Trader Moni?

The federal government launched a new initiative, identified as “Trader Moni”, to empower two million petty traders across the country. Trader Moni was launched under the Government Enterprise and Empowerment Programme (GEEP) in August.

The microcredit scheme would grant a minimum of 10,000 loan facilities to petty traders in each state and the federal capital territory (FCT).

This ia a statement issued by Laolu Akande, spokesman to Acting President Yemi Osinbajo.

The Trader Moni scheme was designed to help petty traders expand their trade through the provision of collateral-free loans of at least N10,000 which would be repayable within a six-month period.
According to the statement, beneficiaries can get access to higher loan facilities ranging from N15,000 to N50,000 if they repay within the six-month loan term.

This app highlights the procedures, requirements and detailed processes on how to access the loan. Follow the guides and your loan with be made available to you in your bank account accordingly.

Disclaimer: How To Apply for FG Trader Moni in Nigeria app is not affiliated to any of the information. The content in the app is a guide only and not an advice.
Updated On
Dec 18, 2018

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