A few months ago the Federal Government launched a social intervention
programme targeted at improving the lives and businesses of two million
petty traders and artisans in Nigeria.TraderMoni has directly impacted
over one million beneficiaries in the last few months. Since the
official launch in Lagos back in August, TraderMoni has successfully
reached the 36 states of the Federation and the Federal Capital.In
simplest terms, TraderMoni offers interest free loans to petty traders
and artisans ranging from N10,000 to N100,000 depending on successful
and timely repayment and does not require any collateral. The loan
facility is not a political persuasion or vote buying tool as some
people presumed. This is clearly seen in the absence of PVCs or any
other politically inclined document as criteria for the loan. 
The
success of TraderMoni is measured most accurately by the stories and
positive feedback from these beneficiaries. It has been a journey of
creating impact, and improving existing small and medium scale
enterprises. TraderMoni is tackling the challenge of paucity of funds in
MSMEs across Nigeria leading to a widespread strengthening of the
economy at the base of the financial pyramid. 
Visit
www.tradermoni.ng for more information on the Trader Moni scheme. For
more videos on TraderMoni impact stories, subscribe to the Trader Moni
YouTube channel.
The
success of TraderMoni is measured most accurately by the stories and
positive feedback from these beneficiaries. It has been a journey of
creating impact, and improving existing small and medium scale
enterprises. TraderMoni is tackling the challenge of paucity of funds in
MSMEs across Nigeria leading to a widespread strengthening of the
economy at the base of the financial pyramid. Visit
www.tradermoni.ng for more information on the Trader Moni scheme. For
more videos on TraderMoni impact stories, subscribe to the Trader Moni
YouTube channel.
