trader moni Loan
TraderMoni is aimed at providing soft loans to micro/petty traders and businessmen/women in Nigeria, to enable them expand their business. After successful creation of your tradermoni account, you will be able to request for the money and receive it directly to your account.
You would first be given a loan of N10,000 and you would be required to payback N430 every week for 6 months (or sooner) to expand your business.
Traders who payback the loan will AUTOMATICALLY be entitled to another LOAN of N15,000, and then N20,000, and then N50,000.
Therefore, traders who pay diligently can get a loan up to N50,000 to expand their business, and this is automatic.
If you wish to apply for the tradermoni loan, you can do so using the guide and link here. It is quite easy as you can apply for the federal government loan online and offline.
How to apply online
You can repay the loan at any approved banks, this would give you access to higher amount. Look at the table below to know how much you are to pay.
Loan Terms
| Loan Amount | Administrative Fee | Amount to Pay Back |
| ₦ 10,000.00 | ₦ 250.00 | ₦ 10,250.00 |
| ₦ 15,000.00 | ₦ 375.00 | ₦ 15,375.00 |
| ₦ 20,000.00 | ₦ 1000.00 | ₦ 21,000.00 |
| ₦ 50,000.00 | ₦ 2500.00 | ₦ 52,500.00 |
The aim of tradermoni bank of industry loan is to ensure that traders running micro businesses, regardless of how micro, so long as you are trading, the Federal Government will support you by giving you a loan of N10,000 (growing up to N50,000) to expand your business to sustenance.
To become a tradermoni agent is quite easy and straightforward. Simply click on this link here to apply to become a TraderMoni Agent
All interested traders in the loan must meet the following requirements in order to get their loan request approved.
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