FG Trader Moni Loan Registration Form Portal 2019 -www.tradermoni.ng

Filed in LATEST RECRUITMENT by on June 27, 2019 0 Comments

www.tradermoni.ng FG Trader Moni Loan Registration Portal 2019 For Nigeria Traders: Are you a trader and you desire to take your business to next level? if yes this post is written for you. You can make your dreams come to reality  Today by opening Trader Moni account get money directly into account. to fund your business in this article we will enlighten on Trader Moni what it is all about and how you can benefit from it. see full details below on this page

About Trader Moni

FG Trader Moni Loan Registration Form Portal 2019 -www.tradermoni.ng

FG Trader Moni Loan Registration Form Portal 2019 -www.tradermoni.ng

Trader Moni is targeted at micro-retailers, for example, bread sellers, hawkers, Okada riders, plantain-sellers, garri sellers or those who are doing very small businesses and for whom a loan of N10,000 – and growing up to N50,000 – can be of benefit. These everyday hardworking Nigerians are eligible to benefit from the scheme to expand their micro businesses.

what are the aims and Objective of Trader Moni?

The aim is to ensure that traders running micro businesses, regardless of how micro, so long as you are trading, the Federal Government will support you by giving you a loan of N10,000 (growing up to N50,000) to expand your business to sustenance.

Loan Pattern of Trader Moni

Beneficiaries access the loan in 2 minutes via their mobile phones. The trader who receives the grant of N10,000 is required to be payback N430 every week for 6 months (or sooner) to expand their business. Traders who payback will AUTOMATICALLY be entitled to another LOAN of N15,000, and then N20,000, and then N50,000.

Therefore, traders who pay diligently can get a loan up to N50,000 to expand their business, and this is automatic. The initiative will go a long way to help the micro business become viable businesses while strengthening the economy which is the goal of the present Government of Nigeria.

WEEKLY LOAN REPAYMENT SCHEDULE

Here is a list of our loan repayment schedule.

Loan Terms

  • Loan Tenor: 6 Months
  • Weekly repayment with a two week grace period
  • Administration Fee of 2.5% (no other charges)
Loan Amount Administrative Fee Amount to Pay Back
₦ 10,000.00 ₦ 250.00 ₦ 10,250.00
₦ 15,000.00 ₦ 375.00 ₦ 15,375.00
₦ 20,000.00 ₦ 1000.00 ₦ 21,000.00
₦ 50,000.00 ₦ 2500.00 ₦ 52,500.00

 

From the illustration given in the table above, you can understand how much the administrative fee will be charged and what amount you have to repay to the bank. If still there is a question in your mind then you can type your question in the comment box, we will try to give the best answer you as soon as possible.

Traders who wish to apply for the loan can apply by visiting the official website. However, there are certain conditions/requirements for Trader Moni which are necessary for everyone and its information is given below.

Trader Moni Application Registration Requirements

  • Interested applicant must be 18 years and above
  • Interested applicant must be a business owner or trader
  • Trader/Business Owner must be a Nigerian
  • Trader/Business Owner must belong to a market cooperative union in your location
  • Trader/Business Owner must have a valid BVN
  • Trader/Business Owner must have valid identification
  • Trader/Business Owner must have a valid SIM/Phone number that is registered with the service provider
  • The candidate who fulfills all the above Trader Moni Registration Requirements can proceed for application form registration process.

How to Apply for FG Trader Moni Loan 2019 Online  

  • First, visit online to the official portal by clicking the link below
  • http://tradermoni.com.ng/
  • Check on the Navigate homepage carefully
  • Click on the “Apply” link and it will take you to A new page
  • Fill the “Registration Form” carefully without mistake
  • After filling correctly click on the “Register” button
  • Verify your email/phone number
  • Login to the portal, complete the form and get money transferred to the bank account

How to Apply for FG Trader Moni Loan 2019 Offline

This is also another method to apply for FG Trader Moni Loan without stress

  • Visit Trader Moni Agent in your State
  • The agent will capture all your details
  • The agent will send your credentials/captured details to the bank for verification
  • After verification FG Government will send you an SMS with a code
  • You need to dial this code to get funds
  • You can Pay Back the money through various banks such as GTB, UBA, ECOBank, Union Bank, Stanbic, Sterling, Wema, Fidelity, Heritage, Jaiz, etc.

For more information only visit Trader Moni Portal 2019 –  www.tradermoni.ng

We cherish your opinion and we look forward to it. Hence, if you have any question as regards Trader Moni Portal 2019, kindly scroll down to the comment section and we will respond in no time

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