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Loan/Grant

GEEP IYALOJA Market Trader Loan – How To Access FG 1.5M Without Collateral

Are you looking for guidelines on how to register or access the federal government 1.5M GEEP IYALOJA Market Trader Loan? If yes, please carefully follow the step by step procedures here.

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Before we proceed, let me explain what the GEEP IYALOJA Market Trader Loan is all about because we have found out that so many persons must have heard of the loan but don’t really know much about it.

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What is IYALOJA Market Trader Loan

IYALOJA Market Trader Loan is the expanded Government Enterprise and Empowerment Programme (GEEP), with an initial phase of 1.5 million recipients setting N50,00 free-interest loans each across the country.

How to Access IYALOJA Trader Loan

Note, the IYALOJA Trader Loan is not accessible online and does not have an online registration portal. For you to be able to access the loan, you need to meet an Enumerator in your area.

The NSIPA or NASSCO Enumerators will also be going to the market where the traders are, to capture market men and women whose N50,000 loans would be very helpful in expanding their businesses.

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RECOMMENDED: How to Apply and Repay Your Carbon Loan?

If you have a BVN and belong to an accredited market association or cooperative registered in your State or with the CAC, ask your association or cooperative to indicate its interest in MarketMoni by submitting its information to NSIP assigned State Focal Person to register your cooperative’s interest in MarketMoni.

If your association or cooperative qualifies, a MarketMoni agent will be sent to your group promptly to verify and capture your member information for loan assessment.

Once you are captured as willing beneficiary, the N50,000 loan will be transferred to your wallet or bank account.

How to Repay IYALOJA Trader Loan

Make sure you plan wisely, invest the money strategically because you will be given a grace period of six (6) months to to pay back the loan without interest.

If you need us to help you with more updated information about IYALOJA Trader Loan, please kindly feel free to ask any question using the comment box below. You can also provide us your phone number or email address for more updates.

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