Government Enterprise Empowerment Programme was launched by the Federal government at Owerri and inaugurated by Sadiya Umar Farouq, The Minister of Humanitarian Affairs, Disaster Management, and Social Development.
GEEP loan in Nigeria
This loan program was launched to help the poor and reduce poverty in society. Mainly for petty traders and farmers
Basically, this loan is for informal traders that don’t have access to official loans and need financial help.
GEEP loan was first launched at Owerri with 4,144 beneficiaries selected from 27 local governments at Owerri.
Rolling out GEEP 2.0 comprises 3 unique loan programs, TradeMoni, MarketMoni, and FarmerMoni
Trademoni GEEP loan
Trademoni is a GEEP2.0 loan that focuses on underprivileged and marginalized youths with an age range between 18 to 40 years. The eligible applicants will be giving 50,000
Marketmoni GEEP loan
Marketmoni is basically for under-privileged women like widows, divorcees, and other vulnerable groups and will also be getting 50,000
Farmermoni GEEP Loan
This is the type of loan launched also under GEEP 2.0 for small-scale farmers in the communities to help them increase their productivity. They will have access to loans ranging from 50,000 to 300,000
Requirement For The GEEP loan
There are some requirements you need to meet before applying for GEEP loan. Even if you are a Nigerian there are certain reqirements for this public loan
- Applicant must be Nigeria by birth
- Must have a National Identity card or voters card
- Bank Verification Number (BVN)
- You will also need a Passport photograph
- No educational background needed
- Clearly state what want to use it for according to the type applying for
How To Apply for GEEP 2.0 Loan
You need to visit the website at growthplatform.me you can also visit National Orientation Agency in your state
Navigate to GEEP loan: There are different types of loans there so you need to click the GEEP loan
Read through the application guidelines
Submit your application
You can also locate the National Orientation Agency in your state or mail [email protected]
Conclusion
GEEP loan was launched in other to poverty and increase productivity with the conjunction of the state government and local government so that it can be disbursed to the appropriate citizen that is in need of this federal government loan