FG GEEP Loan Program 2025/2026: Apply for Interest-Free Business Loans Up to ₦300,000 

The FG GEEP Loan Program 2025/2026 is now open to eligible Nigerians seeking access to interest-free, collateral-free business loans. The Government Enterprise and Empowerment Program (GEEP) is a flagship initiative of the Federal Government of Nigeria, designed to support micro, small, and medium enterprises (MSMEs), farmers, traders, artisans, and youth entrepreneurs who often struggle to access traditional bank loans.

Administered by the Bank of Industry (BOI) under the National Social Investment Programme (NSIP), the GEEP Loan Program provides affordable financing of up to ₦300,000 to help Nigerians grow sustainable businesses, increase productivity, and improve livelihoods without the burden of interest charges.

This guide explains everything you need to know about the GEEP Loan Program 2025/2026, including benefits, loan types, eligibility requirements, how to apply, and tips to increase your chances of approval.

What Is the FG GEEP Loan Program?

The Government Enterprise and Empowerment Program (GEEP) is a financial inclusion initiative created to bridge the funding gap faced by small business owners across Nigeria. Many entrepreneurs operate outside the formal banking system due to lack of collateral, credit history, or steady income documentation. GEEP was designed to solve this problem.

Through GEEP, the Federal Government provides zero-interest loans to Nigerians engaged in productive economic activities such as:

• Trading

• Farming

• Artisanal work

• Small-scale manufacturing

• Services and informal businesses

The goal is simple: empower Nigerians to grow their businesses, create jobs, and reduce poverty.

Why the FG GEEP Loan Matters in 2025/2026

Access to affordable finance remains one of the biggest challenges facing MSMEs in Nigeria. Commercial bank loans often come with:

• High interest rates

• Strict collateral requirements

• Short repayment timelines

• Complex documentation

For many small business owners, these conditions make borrowing impossible.

The FG GEEP Loan Program addresses these issues by offering soft loans that are structured around the realities of small businesses. Instead of focusing on profit for lenders, GEEP prioritizes economic empowerment and sustainability.

With rising costs of goods, inputs, and services in Nigeria, the GEEP Loan Program 2025/2026 is a timely intervention that allows entrepreneurs to invest in their businesses without falling into debt traps.

Key Benefits of the FG GEEP Loan Program

1. Interest-Free Loans

One of the biggest advantages of the GEEP Loan Program is that it is completely interest-free. Beneficiaries repay only the amount borrowed, making it easier to manage cash flow and reinvest profits.

Loan amounts can go as high as ₦300,000, depending on the loan product and eligibility.

2. No Collateral Required

Unlike conventional bank loans, GEEP does not require physical collateral such as land, buildings, or vehicles. This makes the program accessible to informal businesses and low-income entrepreneurs.

3. Support for Multiple Sectors

The FG GEEP Loan Program supports a wide range of economic activities, including:

• Petty trading

• Market retail

• Agriculture and farming

• Crafts and artisan services

• Youth-led enterprises

This broad focus ensures that economic opportunities are spread across communities.

4. Flexible Repayment Structure

Most GEEP loans come with a moratorium period, usually around three months, before repayment begins. This grace period allows beneficiaries to use the funds to generate income before repayments start.

5. Financial Inclusion

GEEP promotes financial inclusion by encouraging beneficiaries to operate bank accounts, use BVNs, and gradually integrate into the formal financial system.

Types of FG GEEP Loans Available

The FG GEEP Loan Program operates through different loan products tailored to specific groups:

TraderMoni

TraderMoni is targeted at petty traders and artisans.

Key features:

• Small starter loans

• Loan amounts increase with successful repayment

• Ideal for roadside traders, kiosks, and informal businesses

This product helps grassroots entrepreneurs build credit history and business discipline.

MarketMoni

MarketMoni is designed for market women, traders, and small business owners who belong to registered associations or cooperatives.

Key features:

• Loan amounts typically range from ₦50,000 to ₦100,000

• Group-based structure improves accountability

• Suitable for traders with slightly larger operations

FarmerMoni

FarmerMoni focuses on small-scale farmers across Nigeria.

Key features:

• Loan amounts can reach ₦300,000

• Used for seeds, fertilizers, equipment, and farm expansion

• Supports food security and rural economic growth

Who Can Apply for the FG GEEP Loan Program 2025/2026?

To be eligible for the FG GEEP Loan Program, applicants must meet the following general requirements:

• Be a Nigerian citizen aged 18 years and above

• Have a valid Bank Verification Number (BVN)

• Possess an active bank account

• Operate a micro or small business, or be engaged in productive economic activity

• Provide valid identification and contact details

For MarketMoni, applicants are often required to belong to a registered business association or cooperative.

Some applicants may also undergo enumeration and physical verification before approval.

How to Apply for FG GEEP Loan Program 2025/2026 (Step-by-Step Guide)

Follow the steps below to apply successfully:

Step 1: Visit the Official GEEP Portal

Go to the official website:
👉 https://geep.nsipa.gov.ng/

Always ensure you are on the correct government portal to avoid scams.

Step 2: Create an Account or Log In

Register using:

• Your full name

• Phone number

• BVN

• Email address (if required)

Existing users can log in with their details.

Step 3: Choose Your Loan Product

Select the GEEP loan option that matches your business type:

• TraderMoni

• MarketMoni

• FarmerMoni

Step 4: Complete the Application Form

Provide accurate details about:

• Your business activity

• Location

• Expected use of funds

• Bank account information

Incorrect information can delay or disqualify your application.

Step 5: Submit and Await Verification

Some applicants may be contacted for enumeration or physical verification by program officials.

Step 6: Receive Approval and Disbursement

Successful applicants will receive:

• SMS or email notification

• Loan terms and repayment schedule

• Direct disbursement into their bank accounts

Tips to Improve Your Chances of Approval

• Ensure your BVN and bank account details are correct

• Clearly explain how the loan will support your business

• Join a registered cooperative or association if applying for MarketMoni

• Keep your phone number active for verification calls

• Respond promptly to any enumeration or follow-up requests

Important Warnings to Applicants

• The FG GEEP Loan Program is 100% FREE

• Do not pay anyone to process your application

• Beware of fake websites and social media pages

• Only rely on information from official government channels

FAQs About FG GEEP Loan Program 2025/2026

Is the FG GEEP loan really interest-free?

Yes. GEEP loans come with zero interest.

What is the maximum loan amount under GEEP?

Loan amounts can go up to ₦300,000, depending on the product.

Do I need collateral to apply?

No. GEEP loans are collateral-free.

Can farmers apply for GEEP loans?

Yes. Farmers can apply under FarmerMoni.

How long does approval take?

Approval timelines vary and may depend on verification and enumeration processes.

Can I apply without a business association?

Yes, for TraderMoni and FarmerMoni. MarketMoni often requires association membership.

Final Thoughts

The FG GEEP Loan Program 2025/2026 is a powerful opportunity for Nigerians who want to grow their businesses without the pressure of high-interest loans. By offering interest-free financing, flexible repayment, and wide sector coverage, the Federal Government continues to support entrepreneurship, job creation, and economic resilience.

If you are a trader, farmer, artisan, or small business owner, this program could be the financial boost you need to scale your operations and secure a better future.