Banks in Nigeria and Airtel have partnered the Federal government’s TraderMoni scheme in order to broaden financial inclusion.

In one of the recent TraderMoni events at Bocolis IDP camp in Borno, Airtel provided free sim cards to all TraderMoni beneficiaries, whilst free phones were given to the beneficiaries. Our sources gather that the phones were part of the 40,000 phones donated by the Bankers’ Committee to the TraderMoni program.

Our sources at the Bank of Industry reveal that the TraderMoni scheme was taken to the camp to empower petty traders and artisans that lost all their livelihood to the Boko Haram crisis but who are trying to fend for themselves via small trades.

Since the beginning of the Boko Haram crisis in the North Eastern part of Nigeria, thousands have been affected, with many Internally Displaced Persons (IDPs) forced to live temporarily at camps across the country.

Displaced from their homes & disconnected from their daily jobs, many Internally Displaced Persons are stuck at the bottom of the economic ladder and remain part of extremely poor Nigerians.

In 2016, the Government Enterprise and Empowerment Programme (GEEP) was initiated by the Federal Government with the knowledge that millions of Nigerians at the base of the economic pyramid lack access to credit facilities.

Some of these Nigerians are at IDP camps, displaced from their daily sources of income and uncertain about their future. However, with the TraderMoni ten thousand Naira loans, Government hopes that they can boost their trades and pick up their lives again.

At the camps, TraderMoni enumerators are said to have met with thousands of IDPs, educated them about the TraderMoni scheme, taken their KYC details, and to have given them the N10,000 TraderMoni loans.

It is good to empower IDPs, we hope they pay back the loans in time; so it can keep going round.

It is amazing how institutions such as banks and telecoms have come to realize the importance of TraderMoni.

It's a joy to see our telecommunications network and financial institutions team up for this community project. This is quite innovative and hopefully the collaboration lasts for a long time.

sogoajayeoba:
Banks in Nigeria and Airtel have partnered the Federal government’s TraderMoni scheme in order to broaden financial inclusion.

In one of the recent TraderMoni events at Bocolis IDP camp in Borno, Airtel provided free sim cards to all TraderMoni beneficiaries, whilst free phones were given to the beneficiaries. Our sources gather that the phones were part of the 40,000 phones donated by the Bankers’ Committee to the TraderMoni program.

Our sources at the Bank of Industry reveal that the TraderMoni scheme was taken to the camp to empower petty traders and artisans that lost all their livelihood to the Boko Haram crisis but who are trying to fend for themselves via small trades.

Since the beginning of the Boko Haram crisis in the North Eastern part of Nigeria, thousands have been affected, with many Internally Displaced Persons (IDPs) forced to live temporarily at camps across the country.

Displaced from their homes & disconnected from their daily jobs, many Internally Displaced Persons are stuck at the bottom of the economic ladder and remain part of extremely poor Nigerians.

In 2016, the Government Enterprise and Empowerment Programme (GEEP) was initiated by the Federal Government with the knowledge that millions of Nigerians at the base of the economic pyramid lack access to credit facilities.

Some of these Nigerians are at IDP camps, displaced from their daily sources of income and uncertain about their future. However, with the TraderMoni ten thousand Naira loans, Government hopes that they can boost their trades and pick up their lives again.

At the camps, TraderMoni enumerators are said to have met with thousands of IDPs, educated them about the TraderMoni scheme, taken their KYC details, and to have given them the N10,000 TraderMoni loans.

It is good to empower IDPs, we hope they pay back the loans in time; so it can keep going round.

TraderMoni is taking over with it's good work. Thank you Airtel for partnering with this initiative in helping the needy and the poor at large.

what a good initiative. At least these set of people feel belonging and can nurture themselves and grow through business

It is wonderful news that both telecom (Airtel) and banks are now collaborating with tradermoni in advocating growth and self sufficiency.