How To Apply For MarketMoni Loan in Nigeria [GEEP]

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MarketMoni is a part of Government Enterprise and Empowerment Programme (GEEP). It is a federal government loan scheme which was created to offer financial assistance to Micro businesses in Nigeria at NO interest rate. If you need a financial help in your business, keep reading to see how you can access marketmoni loan in Nigeria.

Requirements to access marketmoni loan

Below are the necessary requirements to obtain marketmoni loan;

  • Bank Verification Number (BVN) and a bank account where the money will be deposited.
  • You must not be less than 18 years, and must be a business owner or trader.
  • You must belong to a registered market association or cooperative union in your location.
  • Must have valid identification (National ID Card or Voter’s Card).
  • You must have active phone number.
  • The association you belong must indicate interest for the marketmoni loan by submitting application to Bank of Industry (BOI). They can do this by visiting boi.ng/marketreg or nearest BOI office.
  • If the association you belong qualifies for market money loan. An agent would be deployed to your group to verify and obtain your membership details for loan assessment.

Note: You can access between the amount of N10,000 to N50,000 depending on the scale of your business. The repayment period for this loan is six(6), but you can borrow and pay back as many times as possible. See how to apply for Npower Geep laon.

How to Apply for Market Money loan

To apply for marketmoni loan, visit Bank of Industry website at https://www.boi.ng/apply/ or call 0700-CALL-BOI (0700-225-5264). You can also visit any BOI office nearest to register or apply through your assigned state focal person.

We hope you find this article useful, kindly share wide on social media to help other people. If you have questions or contributions, go to the comment section below. See how to apply for CBN loan.

29 thoughts on “How To Apply For MarketMoni Loan in Nigeria [GEEP]”

  9. Nwamah prince Chinemerem

    Please I need loan to boast my business, how can I qualify for d loan please tell me

  13. Udoakagha Idongesit Akanimo

    I am surprised that this government keeps deceiving the citizens.

    We applied for this loan in our cooperative society in 2018. Till today, we have received no reply.

    If I may ask, who are those that benefited from the loan?
    Is it the one that the government went to markets in some states and shared money that went off record in the name of Tradermoni?
    Was the project done because of elections of 2019, to buy votes?

    This government thinks, Nigerians are stupid. The defense they have to give is that someone is partisan.

    My response to this prank is that, you can win elections with propaganda, but can not rule with it. Wait for 2023, you people will know that Nigerians are not stupid. We are only hungry.

    Thanks.

    1. Ndifreke Godwin Effiong

      I support this comment
      Enough is enough
      Lets join hands together and say no to bad governance

  15. Abdulmajid Yahaya

    I don’t know where BOI is in my town pls let me know if u know there address. Where i fine a trader money agent i am in katsina state.

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