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We need to restate the eligibility for the Government GEEP (FarmerMoni, MarketMoni & TraderMoni. PVC is NOT a requirement. Do not let the @OfficialPDPNig lead you a dance. It won't be a merry one. @bukolasaraki with lend credence to a lie with aplomb. Baby faced, but dangerous.
1. These are the requirements for TraderMoni. It is a collateral-free loan that ranges from N10,000 to N50,000 depending on repayment.
a) All petty traders and artisans in Nigeria are eligible to access the loan.
b) Traders do not need Permanent Voters Card (PVC) to access loan.
c) Traders must have a means of identification like the National Identity card or drivers licence.
d) The first loan of N10,000 can be accessed without Bank Verification Number (BVN), but will subsequently require a BVN & a bank account for higher loans up till N 50,000
e) Forms to access the social intervention programme is free as a trader only requires a valid phone number.
f) Strategic banks have been designated to repay the loans which are GTB, UBA, Ecobank, Union Bank, Union bank, Stanbic, Sterling, Wema, Fidelity, Heritage and Jaiz Bank.
g) Trader moni loan can be registered through a Trader Moni enumerator (also called “agent” in your area where they are strategically located to identify & register traders.
h) The Trader Moni will cover all the 36 states and the FCT.
i) See the Trader Moni statistics so far:
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