TraderMoni beneficiaries debunk claims that PVCs were required from them before they were registered for the loan. TraderMoni was created to empower hardworking petty traders and artisans at the base of the economic pyramid. The Federal Government recognized the need for those at the end level of the commercial chain to be financially equipped as these set of people find it hard to meet the burdensome requirements for securing loans at other micro-credit institutions. Micro businesses make up a significant portion of the economy in Nigeria, having over twelve million petty businesses. These businesses lack adequate running capital, talk less of the ability to increase their inputs and grow the businesses.

Despite the prominent objective of this initiative, there has been misinformation on the use of PVC, giving of free money and other vital information about the on-going TraderMoni are currently spread throughout all media platform. All of these are false claims.

The well-intended Government Enterprise and Empowerment Programme (GEEP); TraderMoni, aimed at boosting micro businesses by giving them interest-free and progressive loans from N10,000 to N100,000 upon repayment, do not require any PVC or electoral document as a prerequisite for registration. The essential conditions to be eligible for the loan is to be a petty trader or artisan in Nigeria. The applicants just need to provide their names and phone numbers to be remunerated.

Some beneficiaries who were contacted affirmed that the TraderMoni agents in charge of registration and disbursement of the loan only requested their names and phone numbers. Also contacted was Dr. Alade Adebiyi, the General Secretary of Oyingbo market, Lagos state present at their market activation. He also confirmed that No PVC was required to acquire the TraderMoni loan.

Hence, It is vital to know that PVC is not a criterion for TraderMoni. All information as to regards the use of any personal electoral document or forms are to be disregarded and considered null and void.

Watch Video Below for more information.


https://www.youtube.com/watch?v=wkjW8eHyT10

TraderMoni is note vote buying and will never request your PVC for any form of enumeration. Anyone requesting that from you is a scam.

Yes, Tradermoni does not request for PVC's or any other electoral documents, all these lies about it being vote buying needs to end and focus should be on helping small scale business in Nigeria grow.

Nice one. People need to see this and understand that PVC isn't a criteria to be eligible for the tradermoni loan.

We need to say this louder so the whole of Nigeria and the haters of good will be know that Tradermoni doesn't need PVC

TraderMoni has never and will never request for PVC from beneficiaries because it is not a requirement. The only requirements are
1: Be a Nigerian
2: Be a petty trader or an artisan
3: Have a phone cos your phone number will be needed
And for those that don't have phones, TraderMoni in partnership with Airtel gave out tradermoni phones with airtel sim cards to beneficiaries...#TraderMoni #FinancialInclusion #TraderMoniNoPVC #TraderMoniNotVoteBuying

I am a beneficiary and I can gladly say I was not asked for PVC

What TraderMoni won't request from you #TraderMoniNoPVC

Any one requesting for PVC to register traders is not a #TraderMoni enumerator and anyone asking for thesame PVC before disbursing cash is not a #TraderMoni agent. QED

mandyigwe:
What TraderMoni won't request from you #TraderMoniNoPVC

No PVC needed o people spreading fake news not even BVN is needed so investigate first before talking thanks.