Trader Moni the scheme by Bank of Industry (BoI) has been on the lips of many persons especially Nigerians involved in one form of small trade or the other.
We updated you earlier on about this loan scheme and how you can benefit from it. Due to popular demand, we will be breaking down the steps involved in other to benefit from the Trader Moni Loan Scheme 2018.
Although the scheme kick started properly in Lagos State, we will like to inform you that whether you are in Kano State, Kaduna State , Niger State, Edo State, Rivers State etc you can apply and have access to this Trader Moni project.
This scheme aims to support 2 million Nigerian traders every year. When you successfully register for the loan, you will have opportunity to receive a loan of 10,000 naira with a duration of six (6) months maximum to pay back.
Immediately you pay up the loan you can request for a higher amount. At the moment the maximum amount set aside for traders to borrow is 50,000 naira. If there is any increase in this amount we are surely going to inform you.
The amazing thing about this loan is that you do not have to present any collateral before getting the loan, however it’s important you pay up any amount collected before the last day given.
How to Successfully Apply for Trader Moni BoI Loan 2018
The process involved is not a difficult one, follow the link below to successfully get the application guidelines.
Ensure you carefully go through all the details before proceeding to get the loan.
We do hope this update was helpful. You would be doing every Nigerian a favor by sharing this post. Help inform someone today.
For more amazing opportunities by both Federal and State Governments in Nigeria, kindly subscribe to this website using your active email address. Subscription is totally free.
Join us on social media