Jobs

FG Trader Moni & Eyowo Update: How to your money Transferred to your Bank Account via eyowo

Federal Government Trader Moni Loan
Written by sparkgist

Get your FG trader moni transferred into your Bank account immediately via Eyowo App- Most trader moni applicants still date does not know how to get the FG loan, some who have applied for the trader moni loan online have not yet received their loan transferred into their bank account. This post will guide you on how to go about it, also how to use the eyowo app to get your own loan transferred to your bank account.

Confirmation made by the Executive Director of BoI – Trader Moni

The Executive Director, BoI, Toyin Adeniji, at the unveiling of ‘Trader Moni’ at Ojuwoye Market in Mushin, Lagos, said the bank will not relent until every Nigerian who is willing, has access to loan irrespective of their status or level of education.

IMPORTANT  Malaria Consortium Recruitment 2020/2021 – Register Now

How Trader Moni works

The ‘Trader Moni’ initiative is a mobile phone driven technology. After your details have been captured by the agent and sent to BoI system for validation, within 48 hours you will get cash notification in your mobile wallet account. You can either transfer the cash to your bank account or cash it out at any mobile money agent.

Maximum Amount one can collect from Trader Moni, Farmer Moni and Market Moni

  • Farmer Moni for farmers with loan access of up to N300,000
  • Market Moni for traders and artisans that are a little bigger and structured gets loan access of N100,000
  • Trader Moni is N50,000

 Who can apply for the FG Trader Moni, Farmer Moni and Market Moni

All states in Nigeria can have access, that is all Nigerians can apply for  the loan

IMPORTANT  Npower Focal Person: List of Npower State Focal Persons Phone Numbers in Nigeria

Notice to all Trader Moni, Farmer Moni and Market Moni Beneficiaries

All beneficiaries are urged to ensure they pay back to gives others the opportunity of get their own loan.

What is Eyowo Account?

Eyowo account is an account for the transfer of your loan to your bank account once you’ve received it in your cell phone. Eyowo Trader Moni is a loan scheme initiated by the Federal government to support petty businesses. Eyowo Trader moni loan is the same as Trader moni loan of N10,000 to N50,000.

Trade Moni Eyowo App

This is an application to send or transfer your money to your bank account

How to download eyowo app

To download Eyowo application, use https://www.eyowo.com/

IMPORTANT  BRISIN Aptitude Test Questions and Answers for BRISIN Interview & Screening Exercise 2019

Eyowo Transfer Code

Eyowo code is used for the transfer of Trader Moni loan to your bank account or for withdrawing the money

Eyowo Registration Portal

Eyowo registration portal is used to apply for transfer of Trader Moni loan to your bank account. Also, before that could be done, try to locate any trader moni agent in your area and get the money first, apply and get the alert first.

I Want Be An Eyowo Agent

To become an Eyowo Trader Moni Agent, you need to apply through the Directors in-charge of your area or locality or meet with some of the agents in your area for further enquiries as regards to how to apply.

How Will I Fill My Tradermoni Form

Try to meet Trader Moni Agent in your area and fill the form for a successful registration

How Can I Transfer Trader Moni To My Bank Bank

To transfer Trader Moni to your Bank Account, you can use Eyowo application to do that faster

Procedures on how to send TradeMoni into your bank account via Eyowo App

  • You can send Trader Moni loan to your account only when you have received the alert
  • Use Eyowo app to transfer the money to your account
  • Follow the instructions stated clearly in your phone
  • Once you get the alert in your phone, make good use of the money
  • Always payback to enable you have access to higher amount

Steps To Apply For Trader Moni

  • Visit any Trader Moni agent around your location
  • Fill the Trader Moni Application form with the trader moni agent
  • Input  your correct phone number
  • Once you receive the code, use it to validate the account
  • Once you get alert in your phone, transfer the money to your bank account using the EYOWO APP
  • Download the Eyowo app, register
  • Use Eyowo application to transfer or send the money to your bank account
  • Invest the money in your business wisely
  • Make sure you pay back the money withdrawn within stipulated time
  • Apply for another loan

How Will I Get Trader Moni Code To Send Through SMS

As soon as you begin your registration with a Trader Moni agent, a notification code will be sent to your phone immediately for validation of the registration.

How do I get a link to government Trader Moni

To get or apply for Trader Moni, Farmer Moni or Market you can go to any Trader Moni agent in your locality or area and apply using your details, or apply online using this link www.boi.ng/apply

How to become Trader Moni Agent

To become trader moni agent, you need to apply through the directors in-charge of your area or locality. You can also meet some of the agents in your area for further enquiries as regards to how to apply.

Trade Moni Loan Registration

To register or apply for trader moni, you need to locate Trader Moni agent in your area and apply

Codes for registration for money trader

The code for registration for Trader Moni will sent to the phone number you used while applying for trader moni which will help in completing your application.

Stages involved in cashing out Trader Moni or applying for trader moni

For a starter, you can access N10,000 and pay back N10,250 to qualify for N15,000. Once you payback N15,375 you will qualify for N20,000 loan and when you pay back N21,000, you will get N50,000. All loan categories have payback duration of six months.

Closing Date for FG Trader Moni Loan, Farmer Moni or Market Moni Scheme

There is no closing date for the Trader Moni Loan, Farmer Moni or Market Moni Scheme. Till everyone in Nigeria gets loan

 

FG Trader Moni & Eyowo Update: How to your money Transferred to your Bank Account via eyowo