The Federal Government of Nigeria established a social intervention programme called Market Moni. which is a government enterprise and Empowerment programme (GEEP) created to provide financial aid for the under bank and unbanked.
The market moni (GEEP) objectives is to assist SME with easy and quick loans at no interest rate besides a five percent (5%) administrative fee.
Their objective
is to provide loans to both men and market women and traders,artisans enterprising youths and small scale farmers and again worker nationwide.
loan requirement.
- you must belong to a registered and accredited market association cooperative or trade group
- your market association Cooperative or trade group must be registered with BO
- you must have a business location which will be verified by market moni agents.
- you must have a valid BVN.
- your market association cooperative or trade group must nominate you for a loan and must be willing to stand in as your guarantor.
loan products
- N10,000
- N20,000
- N50,000
- N100,000
How to apply
Interested applicants should:
Click here to register
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