What is the meaning of GEEP loan?
Aim/Objective of GEEP
GEEP aims at targeting the Micro, Small and Medium businesses which are the foundation of the Nigerian economy. Once these small businesses are funded with capital the economy will trigger back to life.
“GEEP targets the unbanked poor and vulnerable but skilled population that has always been left out on credit delivery programmes and is directed at providing soft and affordable loans to finance their businesses. The GEEP is innovatively targeted and delivered under three unique products. The TraderMoni for marginalized youth, MarketMoni for vulnerable women and the FarmerMoni specifically for rural farmers”.
“The GEEP 2.0 is structured to effectively deliver soft loans and skills to a wide range of unemployed citizens including persons living with disability, marginalized women and unemployed youth amongst other vulnerable groups in our society”.
The program is expected to empower Nigerian farmers especially in the rural areas, deliver rapid scale-up of Farmer Moni to agro-prenuership for increased agricultural produce, food security, and job creation. Market Moni targets the underprivileged and marginalized women in the communities while Trader Moni aims to empower and uplift underprivileged and vulnerable youths, scavengers, market wheelbarrow boys, orphans, and youth with special needs.
Categories for GEEP
GEEP has four different categories that will benefit every Nigerian
- Trader moni loan
- Market mini loan
- Farmer mini loan
- Npower programme.
Trader moni and market moni
A small kiosk owner, food stuff seller, bread seller, mai shai, wheel barrow pusher, mobile tailor, mobile cobbler, fruits seller, keke rider, etc, can apply as long as you adhere to the refunding back policy to get you to the next level. Click Here to Apply for TraderMoni
NOTE- that market moni are for business registered with Cooperate Affairs Commission(C.A.C) and has RC number.
This is for applicants who is engaged in any agro-based activities, like crop production, animal production, aquaculture and processing/value added activities. Click Here to Apply for FarmerMoni
Npower is one of the four GEEP initiated by FG to eradicate poverty and reduce unemployment rate. Npower portal Batch C Deployment has started- Click Here.
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