GEEP Loan 2022: Federal Government Enterprise Empowerment Program Loan.(N250,000) |How to Apply

We wish to inform you that the Federal Government Enterprise Empowerment Program for GEEP Loan (N250,000) is on now. Interested persons should kindly apply below

The Federal Government Enterprise Empowerment Program (GEEP) is in progress, the Loan program is aimed at giving soft loans to businesses that are unable to fund themselves, thus providing financial assistance to struggling business.

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With the introduction of the GEEP loan, the government aims to further bridge the gap and make small and medium businesses viable.

One of the components of the GEEP loan program is the Farmermoni, this loan targets smallholder farmers in the agriculture sector. If provides invention and money to farmers.

Small farm holders or subsistence farmers are the main targets for the loan, framers under this category are expected to apply for this loan and grow their products, provide raw materials for local industries.

In line with FG agenda for food security, small framers will be given N250,000 under the Farmermoni GEEP loan 2.0

This product is a 6-9 months interest-free loan, starting from N250, 000 ($694) for farmers within farming clusters.

The loan is tailored to suit the peculiarities of the different planting seasons and farming requirements.

This product also includes a guaranteed off-taker who commits to purchasing the farming producer from beneficiaries of this loan for the purpose of local food production.

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GEEP Loan 2022 VERIFICATION

Every successful data submission is categorized into batches of 10-20.

Our fully manned call center goes through the process of calling a randomized batch of beneficiaries to verify the submitted information.

Once verified, potential beneficiaries are ready for disbursement into their mobile wallets.

GEEP Loan 2022 DISBURSEMENT

Verified beneficiaries receive a text message on their phone, asking them to respond to a loan offer.

Once they accept, their mobile wallet is funded with the loan amount.

The beneficiaries can choose to transfer the money to their bank account or receive cash via an agent in their market.

GEEP Loan 2022 REPAYMENT

Every beneficiary has a 2 weeks moratorium period before they begin to repay their loan. Loan repayments range from a minimum of 3 months to a maximum of 6 months.

Beneficiaries can repay at any bank or by using voucher cards. Once a beneficiary fully repays, they automatically qualify for a higher loan amount

How to Apply

Interested Nigerians can apply via the link. Apply Here

PLEASE NOTE:

  • We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web
  •  We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices
  •  Our people are all equally gifted in unique ways: we come from diverse traditions, personal experiences and points of view. And we want to include yours, Are you ready to inspire us with your ideas?
  • We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
  • Applications submitted after the deadline will not be considered.
  • Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
  • Only qualified candidates will be invited for interview
See Also: INEC Online 2022/2023 Recruitment OF AD-HOC Staff | How to Apply

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PROGRAM

N-POWER

FEDERAL GOVERNMENT JOBS

STATE GOVERNMENT JOBS

Important Notice

  • The above statements are intended to describe the general nature and level of work to be performed by people assigned to it.
  • They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
  • All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed.
  • We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
  • Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web.
  • We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices
  • Our people are all equally gifted in unique ways: we come from diverse traditions, personal experiences and points of view. And we want to include yours, Are you ready to inspire us with your ideas?
  • We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
  • Applications submitted after the deadline will not be considered.
  • Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
  • Only qualified candidates will be invited for interview
Recommended: Ongoing Massive Recruitment for Academic & Non-Academic Staff at the University of Ibadan

Please Note: 

  • PINNACLE REPORT Is A Nigeria Online Media Platform, That share daily updates on available Jobs, vacancies, local and international scholarships, Government/international organization loans and grants.
  • we can not assist any applicant secure a job, loan, grant or scholarship. We only share the information for interested persons to apply.
  • Our admins will never call any applicant requesting for payment of my kind or request for any OTP code. Our services are absolutely free of charge. Beware of fraudsters

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