Geep Loan Application Has Open Again Here’s Guide To Apply
What is Geep loan?
(GEEP)Government Enterprise & Empowerment Program is a grant program that was launched in 2016. Maka Sudan program and its main purpose is to provide loans without water to entrepreneurs to develop their market including Micro SMEs (MSMEs).
The Federal Government of Nigeria launched the GEEP program only to meet the needs of individuals and small and medium businesses in Nigeria. Therefore, all Nigerians can apply for this loan.
To help grow their business
The GEEP support system is divided into 3. They include:
1. Trader Moni
This group is for small business owners/entrepreneurs who need money to grow their business. People who can apply for Trader Moni loans include fruit sellers, small shop owners, etc.
2. Farmer Moni
Business owners who need a loan under this category must first register with the CAC (Commercial Authority
3. Moni Market
This group is for farmers only. Agri-business owners who need funds to expand their business
Moni Market type can be searched
Get a loan up to N100,000 at the most affordable rate in Nigeria
Geep loan, the maximum loan amount you can apply for is N300,000. On the other hand, you can ask for a minimum amount of N10,000. These loans are initially interest-free and do not require any collateral to secure it. Also, you can decide to collect short-term or long-term loans. If you are a small or medium-sized business owner, just use this opportunity to apply for a Geep loan.
The Geep loan is a 6-month interest-free loan, starting from 30,000 naira for small business owners under their trade unions or cooperatives.
Requirements For The Geep Loan
- Access Bank
- Nirsel Microfinance Bank
Others Requirements For Geep Loan
- First Name
- Local govt
- Type of business
- Phone No
- Resident Address
- Guarantor Name
- Guarantor Phone no
How To Apply For Geep Loan 2.0
Applicants can visit the 774 local governments and visit the office of the (Nasim) social investment agency for the budget. Or NOA Office.
To Read More About New Geep Loan Application visit Growth Wealth website for full Details