GEEP 2.0 Loan News – FG to roll out GEEP 2.0 in all 36 states and the FCT » Voice of Nigeria

May 7, 2022 Mary

GEEP 2.0 Loan News: Access Bank partners with the federal government to launch GEEP 2.0 in 36 states and FCT.

Access Bank Plc, Nigeria’s largest lender in the SME space, is partnering with the Ministry of Humanitarian Affairs. disaster management and Social Development to launch GEEP 2.0, a government organization and empowerment program in 36 states and federal capital districts.

Successful GEEP 2.0 beneficiaries will receive a congratulatory and sensitive message in the coming days. by informing them of their qualifications He reiterated that the empowerment program was borrowing and not funding.

“As soon as all eligible beneficiaries are counted, they will receive a distribution notification. We remind all eligible beneficiaries that this is an interest-free loan that can be repaid in 9 months.

The ministry is planning to launch a nationwide program. This will be followed by a census to obtain the biometrics of the beneficiaries.

Ayodel Olozade, Head of Emerging Business Group, Access Bank PLC, said: “The bank is committed to the growth and development of small and medium enterprises (MSMEs) as we recognize their contribution to GDP and the economy. Employment. Our partnership with the federal government launches GEEP 2.0, a government organization and business promotion program in 36 states and federal capital districts. It’s part of our commitment to addressing the essentials of small business owners.

In the launch of the Government Loan and Business Empowerment Program GEEP 2.0, special accounts will be opened for all beneficiaries for disbursement of loans and all beneficiaries will need to fill in their real numbers in various local governments and access banks before disposition.