The Bank of Industry (BoI) has weighed in on the controversy surrounding TraderMoni, a micro credit loan scheme for petty traders managed by it under the Government Enterprise and Empowerment Programme (GEEP).
Speaking, BOI’s ED, Micro Enterprise, Mrs Toyin Adeniji, rubbished claim in some quarters that possession of a Permanent Voters Card (PVC) is one of the requirements for benefitting from the loan scheme.
“Under no circumstances is a Permanent Voter Card or any political indication requested when applying for these loans,” Adeniji explained.
Explaining further, the ED said contrary to the impression that TraderMoni was a cash gift, the scheme was actually loan expected to be paid back.
Gain Control Over Your School
