OUR OBJECTIVE is to provide loans to market women
and traders, artisans, enterprising youths and small scale farmers and agric workers nationwide...
HOW IT WORKS
ASSOCIATION LEGAL REGISTRATION
“Before I got the GEEP MarketMoni loan, I used to produce about 5 to 10 centre rugs monthly, but since I got the loan, I have been able to produce as high as 100. Now I have customers in Cameroon and Niger, I also have in Lagos and Kogi State. We are 100 in my group, 50 have received the loan and the rest are expecting theirs. We pay back weekly, but at times when we have plenty gain, we can pay one month in advance.”
“I heard about GEEP MarketMoni on radio and decided to approach my association representatives to get the loan. I used the money to buy more bedsheets and hijabs. Now I buy more wares and my profit has increased."
Three months ago, I received fifty thousand naira and that fifty thousand naira. I went to the market and bought more handsets and accessories, so I put it in my shop. I used to get ten thousand per month but right now, I am getting twenty-five thousand out of my shop.
We are facing some challenges right now and one of them is that the money that they gave us as a loan is not enough so at least government has to make an additional loan or let me say, it has to multiply it maybe times two or times three because many of us want to do lot of business but the money is not well enough.
Right now, most of us have a shop, while some they don’t have a shop. They are renting so many places, like one of my friend selling charcoal, he doesn’t have the place that he will keep the charcoal. So if he will get lots of more for the loan he will be able to go and pay to rent a place so that he will keep his property intact, his charcoal intact.”
This GEEP MarketMoni loan is real. I am a market woman in Oshogbo, Osun state. I applied for GEEP MarkeMoni loan and I got disbursement within 24 hours after my BVN was validated and my association vetted. I am so happy as I used the money to buy more goods and made more profit during the festive season
Government, thank you oo. This MarketMoni loan don betta my life well well, now my market don increase.
GEEP MarketMoni loan has helped me to grow my business. I sell yams in Yola town market. I used to buy yams in pieces to sell buy since I got the loan, I now buy in bulk of more than 200 tubers from the villages and resell in retail and wholesale. I now have uthree people working for me. I thank the Federal Government and Bank of Industry for this opportunity.
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