• Sun. Sep 26th, 2021

TraderMoni is for marginalized youths, MarketMoni is for vulnerable women, FarmerMoni is for rural farmers – Minister

By Fakayejo Paul

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq has invited vulnerable Nigerians to “come forward and receive interest-free loans under the just launched Government Enterprise Empowerment Programme, GEEP 2.0.”

She made this remark at the unveiling of GEEP 2.0. According to Sadiya Umar Farouq, GEEP 2.0 is one of the National Social Investment Programmes created by the President Muhammadu-led administration to assist the skilled-but-unbanked-vulnerable population.

“GEEP targets the unbanked poor and vulnerable but skilled population that have always been left out on credit delivery programmes and is directed at providing soft and affordable loans to finance their businesses. The GEEP is innovatively targeted and delivered under three unique products,” Sadiya said.

According to the minister, the products are; The TraderMoni which is for marginalized youth, MarketMoni which is for vulnerable women and the FarmerMoni which is specifically for rural farmers.

“The GEEP 2.0 is structured to effectively deliver soft loans and skills to a wide range of unemployed citizens including persons living with disability, marginalized women and unemployed youth amongst other vulnerable groups in our society,” the minister was quoted by her media office to have said.

Source: ngg.ng

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