If you want to benefit from the Federal Government trader moni boi project, you will have to first go through a trader moni registration process. Unlike Market Moni registration which requires you belong to an accredited market association or cooperative, all you have to do is to find a trader moni agent in your state and register for trader moni loan.
How To Find Trader Moni Agents
You can check trader moni website for the contact of their agents across Nigeria. You can also ask @trader_moni on Twitter
Trader Moni Loan Terms
Loan Tenor: 6 Months
Administrative Fee of 2.5% (No other charges).
The agent will capture your details which will include :
- your full name
- date of birth
- gender
- home address
- phone number
- email address
- geo political zone
- trader type
Trader type could be :
- Food Stuff Vendor
- Product vendor
- Telcom Service Vendor
- Clothing and Wears Vendor
- Other Product/Service Vendor
After you complete your trader moni application, you will have to wait for a text message from trader moni. If you qualify, you will receive a text message with a code you will dial to get the funds.
How To Transfer Trader Moni To Bank Account
You can use eyowo mobile app to transfer trader moni to your bank account. You can download eyowo app from Google play store (for Android) or Apple app store (for iPhone, iPad). If you are not connected to the internet or you don’t own a smartphone or you simply prefer using USSD for transactions, simply dial *4255# and follow the prompts.
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