MarketMoni Loan Application Portal 2022 : Current School News

MarketMoni Loan Application Portal 2022

Filed in Business & Entrepreneur, Job by on December 28, 2021



– MarketMoni Loan Application Portal –

MarketMoni Loan of the Federal Government of Nigeria is ongoing. Here is what MarketMoni Loan entails, how to apply for MarketMoni Loan, requirement involves and many other interesting related solutions. Stay focused and read through.

MarketMoni Loan Application Portal 2022

MarketMoni is a program unprecedented in Nigeria’s recent history, granting interest-free credit facilities to existing microenterprises of market women and traders, artisans, enterprising youth and agricultural workers.


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The scheme of the National Social Investment Office is an initiative targeted at expanding the scope and scale of economic opportunity for the financially vulnerable.

The Federal Government is executing MarketMoni through the Bank of Industry (BOI), a parastatal of the Federal Ministry of Industry, Trade and Investment.

MarketMoni Loan of Federal Government – How its Works

The majority of the applicant will be confused about these social intervention programs of the Federal Government and will be asked if these are real or fake but I strongly assured you is real many beneficiaries have testified.

However, Lucky applicant receives loans ranging from N10,000 to N100,000 per applicant for as long as 6 months. The loan attracts no interest except a one-time 5% administrative fee that’s all.

Can you believe over 24,000 beneficiaries have accessed MarketMoni?

The MarketMoni Loan of Federal Government has been exiting in thirteen (13) states in Nigeria, the states include Ondo, Osun, Oyo, Abuja, Adamawa, Akwa Ibom, Delta, Ekiti, Kogi, Kwara, Niger, Lagos and Ogun.

Recently the MarketMoni Loan of Federal Government has been extended to plateau, Jigawa and Kebbi.

MarketMoni Terms and Conditions

Before applying for the loan you need to know the terms that are involved, see below MarketMoni Terms and Conditions

  1. Loan Tenor: 6 Months
  2. Weekly repayment with a two week grace period
  3. Administrative Fee of 5% (No other charges)


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Requirements for MarketMoni Loan

  1. You must have a valid BVN
  2. You must belong to a registered and accredited market association, cooperative or trade group
  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
  5. You must have a business location that will be verified by MarketMoni agents

How to Apply for MarketMoni Loan of Federal Government

Before applying for the loan you must have a valid BVN number from a recognized bank in Nigeria then follow the steps below to apply

  1. Apply via
  2. Download the MOU Template (one per co-operative)
  3. Download the Excel Sheet (one per co-operative) to provide your members’ details
  4. Fill the MOU template and Excel sheet carefully with the right information
  5. Come back to this page and submit your MOU and Excel sheet


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Update For Shortlisted Applicants

If you’ve been shortlisted, then you’ve got your foot in the door. And it’s time for you to shine at the final stage – the interview.

However, when shortlisted:

Endeavour to get information about the company.

Also, ensure you have a clear vision. Try to figure out why you want the specific position. And how you would be a good fit.

Also, go through your application.

Additionally, be interactive. It’s an interview, not an interrogation. There is much more to you than your resume.

The practice goes a long way. Thus, take mock interviews with your friends or practice speaking before a mirror.

It’s rare, but sometimes you do get an offer letter directly based on your application.

You start planning the celebration but remember some points before you go into that party mode: Get it in writing.

Also, go over the written offer in detail. And make sure all important details are mentioned and ask questions if you don’t understand anything.

Such as work profile, start date, duration, and stipend, etc.

Send a thank-you letter to the employer, once you accept the offer.

Also, follow up with an e-mail confirming your start date and expressing your enthusiasm for your new role.

From the above, you must note that we are not partnering with these companies.

We are only making this information available, to help you get that your dream job. As such, as you apply, ensure to do more research about the company. GOOD LUCK.

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If you need us to help you with more updated information at the right time about MarketMoni Loan Application Portal 2022.

Kindly provide us with your phone number and email address in the comment box below.

What’s your take on MarketMoni Loan Application Portal 2022? I urge you to use this same opportunity to share this information with others using our FacebookTwitter, or Google+. share button below.

CSN Team.

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