TraderMoni – Loan details
TraderMoni government loans for market traders from ₦15,000 to ₦100,000.
Loan amount
₦15K – ₦100K
Interest from
5.00%
Term
6 – 12 months
Approval
5 business days
Pros
- ✓ Zero interest (government subsidised)
- ✓ No collateral required
- ✓ Progressive loan amounts up to ₦100,000
- ✓ Available to market traders without bank accounts
- ✓ Backed by Federal Government through BOI
Cons
- ✗ Very low starting amounts (₦10,000)
- ✗ Availability depends on government disbursement cycles
- ✗ Registration requires market association membership
- ✗ Limited to petty traders and artisans
Requirements
- Active market trader or artisan
- BVN
- Nigerian mobile phone number
- Market association membership
- Enrolment via GEEP agent at market
Company information
Bank of Industry (GEEP Programme)
23 Marina, Lagos Island, Lagos
https://www.tradermoni.ng
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.