'Trader Moni' was launched Tuesday in five markets in Anambra. Aside the interest free loans that was given, traders where also given the trader moni brands to wear

The Vice President of the Federal Republic of Nigeria Prof. Yemi Osinbajo was on ground to interact with the traders. Traders in Anambra got access to loans without any form of collateral.

TraderMoni Beneficiary. Down to the smallest trader, every one got the interest free loans to help them grown their businesses

'Trader Moni' initiative aims to support about two million Nigerians with small scale loans.

You don't need any documents or property to collect N10, 000 loan from the Federal Government under Trader Moni. You will just register, get paid

Trader Moni scheme is targeted at petty traders. A petty trader said “I have no doubt that it is a positive one from the government but just like our culture is, implementation and maintenance is the challenge”, a friend said. This is understandable but you will agree with me that not taking a positive step because of the uncertainties is not a right attitude to life. Failure of fear is never an excuse not to execute a plan that has been thought out properly.

I had no need to ask any questions as I saw the Trader Moni PR stage set up, with the DJ mixing songs and beats for his joyful audience. Trader Moni is a scheme of the federal Government to give out 10,000 naira loans to petty traders. I had heard about the scheme but I never for once thought deep into how such “little money” (in my own world) can improve anyone’s life. Then I decided to talk to a few of these elated traders.