Trader Moni loan 2022 Application Form Get Up to N50,000 interest Free

BOA-SMEDAN Matching Fund Trader Moni Loan Application
Trader Moni Loan Application BOA-SMEDAN Matching Fund

Trader Moni loan 2022 Application Form Get Up N50,000 interest Free –DoYou want to get a free loan in Nigeria? Through this guidance you can grab one with trade moni 2020. All need to do is to give attention to what Will be teaching you here on how to apply successfully and be among successful candidates.

Little note on trade moni loan

 Trader Moni loan 2020 is a government free empowerment programme that is aimed at giving free loan cash to traders, The scheme is initiated by the current  president, Muhammadu Buhari, the scheme Trader Moni is to help petty-petty traders and artisans boost their business – Apply here!

Why Trader Moni loan 2022

Trader Moni is set up to help petty traders expand their trade through the provision of collateral free loans of N10,000 – N50,000.

Objective of the Scheme

  1. Trader moni loan 2022 aim is to provide loans to market women and traders, artisans, enterprising youths and small scale farmers and agric workers nationwide…
  2. Trader Moni is aimed at funding micro businesses in Nigeria
  3. As soon as one applies for Trader Moni, Not too long, the Beneficiary receives the cash.
  4. Enumerators as well are spread across Nigeria to Register Traders
  5. From other beneficiaries, The excitement on their faces speaks volume

See also: BOA-SMEDAN Matching Fund loan Application portal

Requirement for Trader moni loan 2022 Application 

  1. Firstly, you must be a Nigerian
  2. You must be 18 years and above
  3. Also, you must be a business owner or a trader
  4. You must belong to a market cooperative union in your location
  5. Similarly, you must have a valid identification
  6. You must have a valid BVN
  7. Finally, you must have a valid SIM/phone number that is register with the service providers

See also:NYIF Loan Application Portal 2020 | Nigerian Youth Investment Fund Online Registration

How to Apply for Trader Moni loan 2022 Application form

  1. Step one: Visit
  2. Step two: Scroll down to see the application form or Click on APPLY NOW
  3. Step three: Fill the registration form
  4. Step four: Click on Register
  5. Step five: A text message with a code you will dial to get the funds will be sent to your phone number

see also:Download GEEP Loan Application form 2022/2023 -geep loan registrationregistration / how to Apply for Free Loan

Notice regarding to Trader Moni Application

  1. The first amount to receive will be the sum of N10,000. Once this can be repaid, you will be granted access to receive N15,000 in your next application and later up-to N50,000.
  2. So wait for the turn of your state and find out more from your market cooperative unions or visit the Bank of industry website
  3. The loans are repayable within a period of six months.

See also:CBN covid19 loan for households and Micro, Small and Medium Enterprises (MSMEs)

With TraderMoni, you can receive interest-free loans starting from N10,000 and growing all the way to N100,000 as you pay back. You get N10,000 as the first loan.

Also, when you pay back the first loan, you immediately qualify for a second loan of N15,000. After payback of the second loan, you qualify for a N20,000 loan, and then N50,000, and then N100,000.

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