Trader Moni Loan Registration of Federal Government is ongoing in 36 states of the federation. Register here to apply. Trader Moni Loan is opened for every pretty Trader across the Nigeria. Get loan here ranging from 10,000 – 50,000.
Trader Moni Loan
TraderMoni is targeted at micro-retailers, for example, bread sellers, hawkers, okada riders, plantain sellers, garri sellers or those who are doing very small businesses and for whom a loan of N10,000 – and growing up to N50,000 – can be of benefit. These everyday hardworking Nigerians are eligible to benefit from the scheme to expand their micro businesses.
Government Aims and Objective of Trader Moni Loan
The aim is to ensure that traders running micro businesses, regardless of how micro, so long as you are trading, the Federal Government will support you by giving you a loan of N10,000 (growing up to N50,000) to expand your business to sustenance
How Trader Moni Loan Works
Beneficiaries access the loan in 2 minutes via their mobile phones. The trader who receives the grant of N10,000 is required to be payback N430 every week for 6 months (or sooner) to expand their business. Traders who payback will AUTOMATICALLY be entitled to another LOAN of N15,000, and then N20,000, and then N50,000.
Therefore, traders who pay diligently can get a loan up to N50,000 to expand their business, and this is automatic. The initiative will go a long way to help micro business become viable businesses while strengthening the economy which is the goal of the present Government of Nigeria.
Trader Moni Loan Registration 2019
- Identify any of our Agents in your state
- The Agent will Capture your details
- If you qualify, the Federal Government will send you a text message with a code you will dial to get the funds.
- Pay back via GTB, UBA, Ecobank, UnionBank, Stanbic, Sterling, Wema, Fidelity, Heritage, Jaiz.
Apply via http://tradermoni.com.ng/