FarmerMoni is the Federal Government of Nigeria’s interest‑free, collateral‑free loan window for smallholder farmers under the Government Enterprise and Empowerment Programme (GEEP), now managed by the National Social Investment Programmes Agency (NSIPA).
FarmerMoni Loan Summary
| Feature | Details |
|---|---|
| Full Name | FarmerMoni (Farmer + Money) |
| Parent Programme | Government Enterprise and Empowerment Programme (GEEP) |
| Administering Agency | National Social Investment Programme Agency (NSIPA) |
| Launched | 2016 (under the NSIP framework) |
| Loan Amount | Up to ₦300,000 |
| Interest Rate | 0% (completely interest-free) |
| Collateral | Not required (collateral-free) |
| Target Beneficiaries | Smallholder farmers — crop, livestock, poultry, fisheries, and agro-processing |
| Coverage | All 36 states and the Federal Capital Territory (FCT) |
| Repayment Period | Aligned with farming cycles (typically 3–12 months) |
| Priority Groups | Women farmers, young farmers, and vulnerable agricultural communities |
FarmerMoni Eligibility & Requirements
To access the FarmerMoni loan under the FG GEEP scheme, you generally must meet the following:
Basic Eligibility
- Be a Nigerian citizen
- Be at least 18 years old
- Be a smallholder farmer actively engaged in crop, livestock or fish farming in Nigeria
- Reside within any Nigerian state or the FCT
FarmerMoni GEEP Loan Requirements
Exact requirements can change with policy but typically include:
- BVN (Bank Verification Number)
- NIN (National Identification Number)
- Valid means of identification, such as
- National ID Card
- Voter’s Card
- Driver’s License
- International Passport (where accepted)
- Active mobile phone number
– for OTPs, verification and loan updates. - Bank account details
– bank name and account number for payment and repayment (where applicable). - Farm information, for example:
- Type of farming (crop, livestock, fish, or mixed)
- Farm location (village, town, LGA, state)
- Farm size (approximate) or number of animals/fish
- How long you have been farming
- Cooperative/association details (if applicable)
– for farmers belonging to recognized farmer groups, associations, or cooperatives.
Benefits of FarmerMoni
- Interest‑free loan
You repay only the principal (no commercial bank interest), under the official terms and timeline. - Collateral‑free
Smallholder farmers do not need land titles, buildings, or big guarantors. - Targeted at real farmers
Designed for genuine crop, livestock, and aquaculture farmers, especially at a small scale. - Up to ₦300,000
Depending on eligibility and program rules, farmers can access up to ₦300,000 to support production. - Nationwide coverage
Available across all 36 states and the FCT, in rural and urban farming communities. - Supports food security
Helps increase production, improve yields, and reduce poverty in agrarian communities.
FarmerMoni Geep Loan Application Portal
This is the only legitimate portal for all GEEP loan applications, including FarmerMoni. It is operated by the National Social Investment Programme Agency (NSIPA).