GEEP Loan Disbursement Date – The Government Enterprise and Empowerment Program (GEEP) Loan disbursement will commence soon. Read the following article to know more about the official date, how to apply for the GEEP loan in 2024, and other relevant information.
Check out the latest update about the Government Enterprise and Empowerment Program (GEEP) and how to access and fill out the application procedures in 2024.
About Geep Loan
The Government Enterprise & Empowerment Program (GEEP) is a financial program launched in 2016. Its objective is to provide needy small SMEs (MSMEs) with no interest and no contracts. It is fully owned by the government compared to platforms like Soko which provide private USSD codes.
Has GEEP loan disbursement begun?
According to an update from the Federal Government regarding the Geep loan, the payment date has now started for the beneficiaries of the 2023-2024 session. read below the article to learn more about how to apply.
How To Apply For Geep Loan
Follow the steps below to successfully apply for the ongoing GEEP loan disbursement in 2024
- Visit the Geep official application Portal at www.growthplatform.me
- You will see the Geep loan link click on it.
- Open the link and read through the guidelines.
- Click on the Application button.
- Once, you are ready to apply, visit National Orientation Agency in your state.
How much is the GEEP loan?
How to Access the GEEP Loan Application Form 2024
- Kindly visit the official portal to start the GEEP loan process for application.
- Fill in the GEEP application form with the correct information.
- Make sure to submit it after you are done.
When is the GEEP Loan Disbursement Date in 2024?
The official date has not yet been disclosed at the moment. we will update this page soon; please keep checking its page for GEEP’s latest news on loan payments.
Latest News on GEEP Loan Disbursement 2023 Beneficiaries
The federal government has prequalified 98,000 people to benefit from small loans ranging from N50,000 to N300,000 in the Government Enterprise and Empowerment Programme (GEEP 2.0) in all 36 states and the Federal Capital Territory (FCT). This followed the final verification of Phase 1 applicants who qualified and were selected for the scheme.
Minister of Humanitarian Affairs Disaster Management and Social Development, Ms. Sadiya Umar Farouq, said the loan is payable within nine months without interest and all beneficiaries would soon receive their disbursement alerts.
How Long is the GEEPP Loan Repayment
This federal government loan program is very flexible and is open to farmers who seek funds for their businesses. The loan repayment is six(6) months.
How Much is the GEEP Loan Amount
According to the official GEEP portal, TraderMoni is an investment product for GEEP. This is a 6-month interest-free loan, starting at N10,000 ($28) for small traders and artisans. This loan is for a daily trader, who makes a living from what he sells every day and whose products range from N2,000 to N5,000.
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