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Home  Business Online  MarketMoni Loan Application Form & Requirements – Marketmoni Free Interest Loan

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A  lot of people are ignorant of the MarketMoni Loan Application Form & Requirements. The Best 9 Free Scholarships For African
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MarketMoni is also known as the Government Enterprise and Empowerment Program (GEEP). It issues
interest-free loans to market women and traders, artisans, youth and farmers. It one of the social
intervention programs of the Federal Government of Nigeria, and is being executed by the Bank of
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Bene ciaries receive loans ranging from N10,000 to N100,000 per applicant for as long as 6 months.
MarketMoni attracts no interest except a one-time 5% administrative fee. So far over 24,000 How To Manually
bene ciaries have accessed MarketMoni. In essence, you will be charged only 5% administrative fee of Update Windows 10
whatever loan amount you apply for. That’s wonderful.

MarketMoni Loan Application Form & Do You Know You Can


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How Marketmoni loan Application works
To be able to get the marketmoni free interest loan, here is what you must know.

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1. Con rm from your association, cooperative or trade group leadership that they are registered at the
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State or National (CAC) level.
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2. Get your association, cooperative or trade group to register for BOI accreditation on With Images – GoTv
www.boi.ng/marketreg. Installation Tips

3. Your association, cooperative or trade group should send an email to BOI at GEEP-States@boi.ng
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to con rm the completion of steps 1 and 2 above and include a copy of the group’s State/National Facebook Messages On
registration certi cate. Messenger
4. BOI will engage with your association, cooperative or trade group to validate registration.
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MarketMoni agents will, thereafter, visit your group to register you for loan consideration.
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Also See: Current Social Intervention programs In Nigeria &
How To Participate
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How To Apply For Marketmoni After Payment Online
Easily
To apply for Marketmoni, follow this guideline here. You will need to ll the marketmoni registration
form.
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1. Log onto the application portal . (You will be taken to the Bank of Industry portal which is where Top 5 Places To Visit In
the application is accepted.) Dubai

2. You will ll the application form answering questions about your organization/cooperative.
3. Afterwards, click on “Submit”.
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MarketMoni Requirements
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1. You must belong to a registered and accredited market association, cooperative or trade group. iOS, Android and
2. You must have a valid BVN. Windows Phones –
www.vudu.com
3. Your market association, cooperative or trade group must nominate you for a loan and must be
willing to stand in as your guarantor.
4. Your market association, cooperative or trade group must be registered with BOI LATEST NEWS
5. You must have a business location which will be veri ed by MarketMoni agents.
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1. What does MarketMoni offer? Online Check for New


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1. Loans from 10,000 to 100,000
2. 5% administrative fee (No other charges)
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3. 6-month loan tenure Portal: Login Account |
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4. Two-week grace period All 2019 General
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5. Daily Collections
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2. Who can apply? Members of an accredited market association, cooperative or trade group who have
valid BVNs and whose business locations can be veri ed
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3. What if an association is not registered? Your association or cooperative must be registered at either
the State or Federal (via CAC) level. Your association or cooperative must also be accredited
independently by BOI.

4. Are Loans issued to associations or cooperatives? Members of an accredited market association,


cooperative or trade group who have valid BVNs and whose business locations can be veri ed.
5. I cannot leave my business to go to the bank every day to deposit a payback; what can I do? Bank
agents will come to the shop for a daily account deposit to make the process convenient to the
customer.
6. Can I get access to more money when I pay back? Yes. You can apply for another MarketMoni loan
(of even higher amount) as soon as you payback the rst.
7. Can I apply for an extension on my payback? Unfortunately, not. The MarketMoni loan is designed
for payback within the 6months to enable access for others. It is important that you apply for an
amount you can repay comfortably over 6 months.
Any question on the MarketMoni Loan Application Form & Requirements? Use the comment box below.

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ABOUT THE AUTHOR


Amb. Emmanuel More from this Author 

Amb. Emmanuel is a blogger at www.onlinedailys.com with over 2 years experience. He is a Google-


certi ed Digital Marketer. Furthermore, he is an Instagram Growth Strategist. He works with
businesses to 1. Manage their Instagram Page 2. Grow Followers 3. Create Contents 4. Design
Instagram Bio and Pro le 5. Generate Leads.

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