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10 Reasons Why Tradermoni Is Not Vote Buying - Nairaland / General - Nairaland

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10 Reasons Why Tradermoni Is Not Vote Buying by oyisy: 4:38pm On Jan 30, 2019
1* TraderMoni is for petty traders who are the largest network in commercial value chain yet banks won't give them loan without collateral.

2* TraderMoni is a FG project approved by NASS and not a political party project

3* TraderMoni does not require PVC or party membership card

4* Tradermoni is a continuous project, after the petty traders pay back the 10k they can grow the funds up to 100k, so it goes beyond the election period

5* These Loans will not only help the local traders to expand their businesses, but also change their standard of living thus aiding in poverty alleviation and stability in the country’s economic outlook.

6* Banks have high interest rates and this petty traders can’t afford to take such loans and pay back with interest, TraderMoni is a solution to that as it is a collateral free loan

7* TraderMoni started in 2016 but fully took off after NASS approved it.

8* This programme aims at reducing short-term poverty by direct cash transfers and fight long-term poverty by increasing human capital among the poor through conditional cash transfers.

9* Buhari has made several efforts to improve the economic well-being and welfare of the poorest Nigerians. TheTraderMoni initiative is part of the Government Enterprise and Empowerment Program (GEEP)

10* It is a federal government empowerment scheme to help alleviate poverty in Nigeria by empowering traders and artisans.

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