Details of how to apply for FG TraderMoni zero-interest loan 2021 has been shared below.
Truetells Nigeria understands that TraderMoni is a loan initiative of the federal government (FG), which aimed at providing funding for entrepreneurs across Nigeria. In this post, we will provide guide on how to apply for TraderMoni loan in Nigeria.
Tradermoni loan is specifically for Nigerian petty traders and artisans. It is a part of the Government Enterprise and Empowerment Programme (GEEP) overseen by Bank of Industry (BOI).
TraderMoni offers beneficiaries loan starting from N10,000 to N100,000 at no interest rate. The accessible loan amount increases as you pay back.
For example: if you borrow N10,000 as a first timer, when you pay back the money, you will be eligible to borrow higher amount (N15,000). After paying back the N15,000 loan, you will qualify for a N20,000 loan; and N50,000; and N100,000.
Follow the steps below to apply for TraderMoni loan;
After that an email will be sent to you confirming the receipt of your application.
the prompt instructions.
To register for TraderMoni offline, follow the steps below;
Locate any accredited TraderMoni agent in your area, and fill the loan application form. After filling the form, the Federal Government will send you a text message with a reference code which you will dial to get the fund.
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