MARKET MONI: FG Target 1.5M Market Women. Set to empower traders with a non-interest loan of N50,000

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MARKET MONI" Launch! Target: 1.5M Market Women lifted from poverty through small business support. Beneficiaries applaud Programme Expansion and grassroots reach. 

Kudos to Nigeria's First Lady, Senator Oluremi Tinubu, for flagging off this impactful initiative

The project derived its name from Iyaloja, a Yoruba word that translates to "Mother of the Market

The federal government will advance a non-interest loan of N50,000 each to 1.5 million market women under the Government Enterprise and Empowerment Programme (GEEP) a scheme to provide financial assistance to market women, artisans, women cooperative societies, enterprising youths, small-scale farmers, agro-allied processors and other MSME categories for small and medium businesses in Nigeria.

According to the  Ministry of Humanitarian Affairs and Poverty Alleviation it would not give out the loans by state. Consequently, for the Iyaloja Monie scheme, 109 markets will be selected across all senatorial zones in the country.


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