'Trader Moni' was launched Tuesday in five markets in Ondo; Ketu, Mushin, Ikotun, Agege and Abule Egba.

Traders in Ondo got access to loans without any form of collateral.

TraderMoni Beneficiary.

'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.