FG GEEP 2.0 Loan Second Phase Registration – Submit Application

The Federal Government of Nigeria’s GEEP 2.0 Loan program entered its second registration, announced by the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

The program, known as the Government Enterprise and Empowerment Programme (GEEP 2.0), aims to provide financial support to small-scale traders, farmers, and agri-business owners nationwide.

Registration for the Government Enterprise and Empowerment Programme’s Second Phase, dubbed GEEP 2.0, will begin in August 2024.

GEEP 2.0 Loan Categories

  • Trader Moni: For small-scale traders like fruit sellers and small shop owners.
  • Farmer Moni: For businesses registered with the Corporate Affairs Commission (CAC).
  • Market Moni: For agri-business owners needing funds to grow their business.

Registration Training

The Permanent Secretary Sani-Gwarzo claims that the Government Enterprise Empowerment Programme (GEEP), Community Orientation and Mobilization Officers (COMOs), and GEEP Desk Officers in the States have completed a statewide Advanced Step-Down Training.

This training aims to improve beneficiary registration procedures moving forward; the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development brought the training to the States, where the Master Trainers had an impact on 774 COMOs/GEEPDOs spread across the Local Government Areas by using the digital applications on the tablets that were provided.

The three-day interactive training program offered a comprehensive framework for improving beneficiary registration procedures and implementing GEEP 2.0’s digital transformation.

These improvements will include tools and methods used nationally in Trader Moni, Market Moni, and Farmer Moni.

The main goal of the training was to help Local Government GEEP Desk Officers (GEEPDOs) prioritize using the National Identification Number (NIN) as a requirement for GEEP 2.0 registration.

The training was also intended to help advance the knowledge of State and Local Government value players.

They are the Master Trainers and GEEP Program Managers on the GEEP 2.0 digitization process and Registration.

Also see: FG Trader Moni Begins ₦50,000 to ₦300,000 Loan

The Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development adopted modern technology and digitization methods to innovate continuously, rethink, and redesign processes.

This will deliver a better beneficiary experience and move away from manual registration, which is slow and demanding, to improve services to rural communities and beneficiaries.

Loan Details

1. Amount: Loans range from ₦10,000 to ₦300,000.

2. Interest: These loans are interest-free.

3. Collateral: No collaterals needed.

4.Term: Short-term and long-term loans available.

Application Requirements

  • Bank Verification Number (BVN)
  • Passport Photographs
  • Local Government of Origin Certificate
  • A Valid National ID
  • CAC Certificate (for eligible businesses)

How to Apply

Applicants can register through the GEEP Registration Portal. Applying as a cooperative rather than an individual is recommended for a better chance of success.

Applicants should visit the National Orientation Agency in their state to assist with the application process.

The GEEP 2.0 Loan is part of the Federal Government’s commitment to economically empower its citizens by providing accessible financial assistance to boost small and medium-sized enterprises (SMEs).

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