HOW TO APPLY FOR GEEP LOAN 2020

How to apply Geep 2020
How to apply Geep 2020

HOW TO APPLY FOR GEEP LOAN 2020

HOW TO APPLY FOR GEEP LOAN 2020

HOW TO APPLY FOR GEEP LOAN 2020

What does GEEP stands for?

GEEP Stands for government Enterprise and Empowerment Programs.

A program established by the federal of Nigeria to assist SME( small and medium enterprises) businesses solve the matter of capital.
Geep was established in 2015 under the President Buhari administration and has since it’s established to assist thousands of Nigeria because it is a source of fortune.

GEEP Objectives

The Aim of Geep is to assist establish some businesses, businesses that function the bedrock of the Nigerian
economy. It runs on a zero rate of interest but as an applicant for the loan, you want to have your business already established and registered.

Entities Eligible for GEEP loan

1.Farmers
2.traders
3. market men and market women
4.Graduate and undergraduate.

One of the attractive things about the Geep loan is that it doesn’t require its applicants to possess any formal education.

Requirements

1. As An Intended applicant, you must be a citizen of Nigeria preferably by birth.
2. The applicant must have an already established business.
3. Applicants must have a method of identification either a voter’s card or national positive identification.
4. The applicant must have the means of repayment

GEEP loan Scheme

HOW TO APPLY FOR GEEP LOAN 2020

HOW TO APPLY FOR GEEP LOAN 2020NC

There are various programs to which Geep offers, which we might love you to understand about.

1. FARMERS MONEY: The loan program is majorly for farmers or anyone into the agro-allied business.  for example Animal husbandry, fish farming, etc.

2. MARKET MONEY: if you’re into
marketing of products and you’re in need of a loan then market money is the Geep program for you. Your business must have been duly registered and authorized with the co-operate Affairs commission ( CAC ).

3. TRADERS MONEY: This program is majorly for little enterprises like barbing salons, tailoring businesses,etc. The loan for this program is aimed at the expansion of the business.

4. N-POWER LOAN PROGRAM: we personally regard this as the best because it disclose loan opportunities to n-power staff, especially those who are about leaving the program, the loan helps them in Starr any business of their choice as long because it falls under the little medium enterprise.

Steps to use for GEEP loan

There is various weblink assigned to the varied loan program:

1. to apply for the N-power loan
program head to “www.npower.gov.ng“.
2. to apply for the traders, farmers and market program go to “www.tradeemoni.com.ng“.

GEEP contract and Repayment

Plan In government enterprise and employee program (GEEP), you’ll be able to enkindle a loan amount as little as #10,000 and as high as #300,000.

N/B: the more you repay your loan at the acceptable time, the more you gain leverage to fire a better loan amount until you reach the best level
which is #300,000. as an example, if you kindle a loan amount of #50,000 and you pay at the maturity, you’d be permitted to elicit the next loan starting from #60,000 and above.

ALSO CHECK OUT : How To Get A Loan From SMEDAN 2020

Forsythe Evahgreen

My name is forsythe Evahgreen i"m a passionate blogger , A student of Unizik Although I didn't get the computer science I wanted so badly. But it can't stop me from doing what I do best.

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