Vice President Yemi Osinbajo, on Saturday 22nd September officially launched the Federal Government Trader Moni scheme in Imo state capital, Owerri.

Traders in Imo got access to loans without any form of collateral.The launch which was done in the company of the executive Governor of the state, Governor Rochas Okorocha took place at the Relief market

The FG Trader Moni has since recorded numerous stories of hopes revived among the beneficiaries. Petty traders have praised the current administration for the initiative stating that this is the first administrative to remember micro trader.

'Trader Moni' initiative aims to support about two million Nigerians with small scale loans.The FG under the President Buhari administration has also moved initiatives like the Market Moni targeted at Small and Medium Enterprises.

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. The Trader Moni scheme has a plan to empower two million beneficiaries across the 36 states of the federation before the end of 2018.

Traders are required to have commercial bank accounts as a criterion for the next level of loan. This makes Trader Moni a tool for poverty elevation, economic advancement, and higher financial inclusion.