Trader Moni Loan Registration Login Portal 2024
If you are looking to apply for the Trader Moni Loan, this post will guide you through the process of registering for the ongoing loan scheme designed for qualified traders known as Trader Moni. Do you need financial assistance to grow your business? Follow the steps below to successfully apply for the Trader Moni Scheme 2024. Register Now
The Trader Moni program aims to support small traders in expanding and improving their businesses by providing collateral-free loans ranging from N10,000 to 100,000 Naira.
Update on Trader Moni Loan 2024 Registration
Following its introduction at five marketplaces in Lagos State last Tuesday, thousands of individuals have already benefited from the Trader Moni scheme. Established in collaboration with the Bank of Industry (BoI), Trader Moni aims to extend the government’s financial inclusion agenda to grassroots traders, recognizing their essential role in economic development.
How Do I Know I’m Qualified For Trader Moni Loan Registration
- You must be a Nigerian with an existing business.
- You should be at least 18 years old.
- You must be an entrepreneur or merchant and a member of the local market cooperative union.
- You need to possess a valid Nigerian ID card.
- You must have a current BVN.
- You should have an active SIM card or registered phone number with a service provider.
How to Successfully Register for the 2024 Trader Moni Loan
To apply for the Trader Moni Loan offer, make sure to fulfill all requirements specified by the authorities. All applications must be submitted through the official online portal to be processed. Follow the steps below for more information.
- Visit www.boi.ng
- Select “Apply for a loan now“
- Click “Register here” to create an account.
- Check your registered email for a verification link and tracking code, then log in using the link.
- Complete the application form, save it, and click “proceed” to submit.
- You will receive a confirmation email once your application is received.
Ensure you have accounts with the following banks to receive the Trader Moni Loan: GT Bank, UBA, Union Bank, Eco Bank, Fidelity Bank, Wema Bank, Heritage Bank, Jaiz Bank, Stanbic Bank, and Sterling Bank.
