How to Apply for 100,000 TraderMoni FG Interest Free Loan for Petty Entrepreneurs ( Detailed Guide )

TraderMoni is a federal government initiative under the Government Enterprise and Empowerment Programme (GEEP) designed to support small-scale traders, artisans, and petty entrepreneurs. The programme provides quick, interest-free loans of up to ₦100,000, empowering small businesses to increase stock, improve cash flow, and strengthen their operations.

Whether you run a market stall, craft business, or roadside shop, TraderMoni offers a practical way to grow your business without the burden of high-interest loans.

Features of TraderMoni

• Zero-interest loans: Borrow up to ₦100,000 with no interest charged.

• Flexible repayment structure: Repay the loan in instalments that suit your business cash flow.

• Nationwide coverage: Available across all six geopolitical zones in Nigeria.

• No collateral required: You don’t need property or assets to access the loan.

• 3 months moratorium: Repayment starts 3 months after disbursement, giving your business time to stabilize.

Who Can Access TraderMoni?

TraderMoni is aimed at economically active Nigerians who run small businesses but lack access to conventional loans. Typical beneficiaries include:

• Market traders

• Artisans and craftspeople

• Petty entrepreneurs

• Informal business operators

Eligibility focuses on your economic activity and business presence, not your academic qualifications or employment history.

How TraderMoni Works

1. Application & Verification: Potential beneficiaries are identified through market associations, cooperatives, and community groups. Personal and business details are verified.

2. Loan Disbursement: Funds are disbursed through approved digital channels, often using mobile wallets or bank transfers.

3. Repayment: Beneficiaries are expected to repay the loan after the 3-month moratorium in instalments as agreed.

4. Recycling Fund: Successful repayment allows access to higher loan cycles, ensuring more Nigerians benefit from the programme.

TraderMoni Is Not a Grant

While TraderMoni provides interest-free loans, it is still a loan and must be repaid. Repayment ensures that the programme remains sustainable and reaches more small business owners across Nigeria.

Benefits of TraderMoni for Small Businesses

• Improve business cash flow and inventory stock

• Start or expand micro-businesses without debt pressure

• Access financial support quickly and without bureaucracy

• Join a structured programme backed by the federal government, ensuring credibility and safety

How to Apply for TraderMoni

1. Confirm your eligibility as a small business owner or artisan.

2. Join a market association or cooperative if required.

3. Visit the official GEEP/TraderMoni portal  ( https://geep.nsipa.gov.ng/ ) or approved local application centres.

4. Complete the application with accurate business and personal details.

5. Wait for verification and disbursement notifications.

Important: Avoid third-party applications or anyone asking for fees. Only official channels process TraderMoni applications.

TraderMoni provides a lifeline for small traders, artisans, and micro-business owners across Nigeria. By offering interest-free, easily accessible loans, the programme empowers entrepreneurs to grow their businesses, improve livelihoods, and strengthen local economies.

Stay updated on loan windows, disbursement schedules, and official announcements on Ngempower.com to make sure you never miss an opportunity.