Interest-Free Loans in Nigeria: MarketMoni, TraderMoni and FarmerMoni
Are you looking for a loan to grow your business or support your farming activities without paying interest?
The Nigerian Government has the GEEP programme, which includes the following:
1. MarketMoni: For eligible women running small businesses.
2. TraderMoni: For people involved in small-scale businesses and daily trading activities.
3. FarmerMoni: For eligible farmers to access farming inputs and support for agricultural activities.
How much can you get?
The official website states that the starting loan amount for MarketMoni and TraderMoni is ₦50,000, while FarmerMoni can provide up to ₦300,000 in the form of farming inputs and agricultural support.
How to apply:
- Visit the official website: https://geep.nsipa.gov.ng/
- Read the requirements for the programme that suits you.
- Contact a GEEP official in your local government area to confirm your registration and eligibility.
Note: This is a loan, not a grant. You are required to repay the money. Do not pay any registration fee to private individuals or share your PIN, OTP or personal information with anyone.