GEEP Loan Application Form 2023: We are glad to inform you that the Federal Government Enterprise Empowerment Programme (GEEP) has officially begun, with the goal of providing finance to small enterprises run by low-income individuals.
Before we proceed it is vital we show you the requirements and what the GEEP loan is all about so that you understand the forms you are about to fill out. read below to have full information.
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What is GEEP Loan
The President Buhari-led administration established the GEEP, which has helped millions of Nigerians stand on their own, have something to do, and develop their existing skills/business. For many years, traders, craftsmen, market men and women, farmers, graduates, and undergraduates have profited from the Nigerian geep scheme.
GEEP aims to target Micro, Small, and Medium Enterprises (MSMEs), which are the backbone of the Nigerian economy. Once these tiny enterprises receive capital, the economy will be reactivated.
Geep Loan Application Form
The GEEP Loan was distributed across three programs: MarketMoni, TraderMoni, and FarmerMoni. In this post, we will explore who is qualified to apply for this loan, the loan program’s categories, and how to apply for each of the GEEP programs.
GEEP Loan Requirements
The prerequisites for this loan are straightforward, but they must be met. It should be noted that if you do not match the requirements, you are instantly ineligible for the fund.
- The first requirement one must meet up with is that the applicant for this fund must be a Nigerian illegal by birth.
This means that those who are married into the nation or honored to become citizens cannot get this loan as it is strictly for citizens who were born and brought up in the country.
- The loan is not given to big-time businesses but to starters and small-scale owners. Applicants must have an exciting business before the day of application.
- Another important and necessary factor is that the applicant must be ready to pay back the loan he or she is about to collect.
- He or she must have a National Identity card or a Voter’s card.
How to Register & Apply for GEEP Loan 2023
To apply for this loan you must follow the guides that as has been given for successful application.
Begin by going to the Geep loan’s official website at https://www.growthplatform.me/geep.html
Select the “Apply Now” option.
Fill in the blanks with your correct personal information.
After you’ve finished, click “Submit.”
After that, you will be able to upload your documents and apply for a loan.
As long as you continue to pay your loan, there is no hard and fast limit to how much you can borrow.
For starters, depending on your credit history, you can borrow up to N300,000, with loan amounts ranging from N10,000 to N20,000, N50,000, N100,000, and N300,000.
Your loan amount will continue to grow as long as you continue to repay your previous debt.
Please keep in mind that there is no registration charge, and the only website to apply to is https://www.growthplatform.me/geep.html.