The TraderMoni and MarketMoni programme further progressed today with the activation and enumeration taking place in Anambra state. Vice President Yemi Osinbajo was accompanied by the Executive Director of Bank of Industry, Mrs Toyin Adeniji and COO, GEEP, Mr Uzoma Nwagba to the Eke-Awka market in the state capital Awka and Ochanja market in Onitsha.
The GEEP 2.0 resumed fully with the activation of beneficiaries for the second tranche of the TraderMoni loan for which disbursement has begun. The N15, 000 loan is being disbursed swiftly to beneficiaries who have repaid the first N10,000 loan using the several easy-to-use repayment plans and channels the Bank of Industry has designed.

The traders expressed utmost gratitude to the Vice President and the Federal Government for such magnanimous investment in their trades, stating that without doubt, what many have called little has moved their businesses forward.

The Vice President Prof. Yemi Osinbajo also applauded the TraderMoni team and the beneficiaries for allowing a seamless execution of the programme. He further made known the ready commitment of the government to cater for the lower class and ensure an economy favourable to all social strata to function in effectively. He stated that the country’s economy is equally dependent on MSMEs as it is on the multinationals, adding that more than half of the nation’s wealth circulates within the Micro, Small and Medium Enterprises.

He urged the traders to cooperate with the enumeration and activation officials. He added that the beneficiaries should also use the next level of loans judiciously to further improve their businesses.