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Trader Moni Here's what Twitter thinks about starting a business with FG N10,000 loan

Nigerians on Twitter refuses to look down on money as they offer so many business ideas you can start with just N10,000.

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What Twitter thinks about starting a business with FG N10,000 loan play

Beneficiaries of Trader Moni show off their loan certificates.

(Beneficiaries of Trader Moni show off their loan certificates.)

As part of the economic policies of the government to empower people and alleviate poverty, the Federal Government has been giving out N10,000 collateral-free loan to traders.

While launching the scheme in Osun state on Monday, September 3, 2018, the Vice President of Nigeria, Prof Yemi Osinbajo said the traders’ mini programme was part of the federal government’s social intervention aimed at funding micro business in the country.

However, while many Nigerians on Twitter thought N10,000 loan is too small and not sufficient for anyone to start a business, others believe the  loan could be a good capital for many petty traders.

Here are some of the business ideas Twitter suggested for small scale traders to start with the Federal Government's Traders' Moni.

 

ALSO READ: 5 popular clothing markets that help you save money in Lagos

Starting a business with capital as little as N10,000 could truly be a challenge, but with business ideas mentioned above, you could establish a small scale business and run it successfully. Just start something with something, no matter how little.

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