GEEP Loan 2.0 Programme List of Successful Shortlisted Beneficiaries 2022/2023 is out

GEEP Loan 2.0 Programme List of Successful Shortlisted Beneficiaries 2022/2023 is out

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Federal Government has released List of 98000 Beneficiaries for GEEP Loan 2.0 Programme through The Ministry of Humanitarian Affairs, Disaster Management and Social Development. You can check here invitation messages for 2022/2023 Government Enterprise and Empowerment Programme (GEEP) 2.0 GEEP Loan Programme List of Successful Shortlisted Beneficiaries. See full list in pdf format below;

Are you among applicant that applied for GEEP Loan 2.0 Programme Application Form? We have goodnews for you as Federal Government through the The Ministry of Humanitarian Affairs, Disaster Management and Social Development has Engaged 98000 Beneficiaries for GEEP Loan 2.0 Programme. See details under.

Federal Government Engaged 98000 Beneficiaries for GEEP Loan 2.0 Programme

This follows the final verification of Phase 1 applicants who qualified and were selected to benefit from small loans ranging from N50,000 to N300,000.

According to the Minister, Sadiya Umar Farougq, all beneficiaries of GEEP 2.0 shall receive congratulatory and sensitization text messages in the coming days informing them of their qualification and re-emphasis that the empowerment program is aloan and nota grant.

All qualified beneficiaries across 36 states will soon receive their disbursement alerts. We wish to remind all qualified beneficiaries that this is a loan payable without interest. It is not a grant or a government windfall. It is a soft interest-free loan that must be paid back within 9 months

Minister Umar Farouq also announced that the Ministry is planning a rollout of the program nationwide, after which an enumeration exercise to capture beneficiaries’ biodata. will exercise to capture beneficiaries’ biodata, will take place.

Synopsis of GEEP Loan 2.0 Programme

In a nutshell, The Government Enterprise and Empowerment Programme (GEEP) 2.0 is a loan scheme designed by the Federal Government to provide financial inclusion and give credit access to poor and vulnerable individuals, including Persons With Disability and persons at the bottom of the economic pyramid who are engaged in small scale commercial activities under its three flagship schemes: MarketMoni, TraderMoni and FarmerMoni.

Brief about MarketMoni and TraderMoni

Tradermoni targets uplifting under-privileged and marginalized youths aged between 18-40 years in Nigeria by providing them with loans of N50,000.

While MarketMoni targets under-privileged and marginalized women aged between 18-55 years likes Widows, divorcees amongst other vulnerable groups. They get interest-free loans of N50,000 payable within 6-9 months.

Brief about FarmerMoni

FarmerMoni is for Nigerian farmers aged between 18-55 years in rural areas that operate in the agricultural space. They are provided with loans of up to N300,000 for farming input. This scheme has 12 months including 3 months moratorium and 9 months repayment period.

How to check GEEP Loan 2.0 Programme List of Successful Shortlisted Beneficiaries

As stated earlier by the Minister, Government Enterprise and Empowerment Programme (GEEP) 2.0 GEEP Loan Programme List of Successful Shortlisted Candidates will receive congratulatory and sensitization text messages with the registered phone number or email.

For more information about GEEP and how you can apply visit https://www.geep.ng

You can check status by dialing *45665#

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