Social Exchange Market Grant for Nigeria; Real or scam?

I want to seize this opportunity to warn every Nigerian about  Social Exchange market grants.  I read on huntersinternational that the long-awaited Social Exchange Market Grant is about ready for disbursement in Nigeria. The post has it that Mr. Adetula Emmanuel, the Principal Coordinator of Great Impact Microfinance Bank, who also serves as the SEM Coordinator for all Principal Directors in Ondo and Ekiti, stated that “money is here already. The challenge at hand now is just the documentation to the fund release. That’s it.”

My main aim of this write up is not prove whether  Social Exchange market grants is real or scam. This is because already people are being scam in the name of getting Social Exchange Market grant.

If actually you are looking for money to start up a business, these  10 ways can help you raise money to start up your own business.

Here is the fraudulent  message circulating on the Whatsapp groups about Social Exchange market grant for Nigeria.

Social Exchange market grant for Nigeria

Grant called social exchange market is available in Nigeria. The grant is  awarded by philanthropy across the world to fund ideas.

What is required is to get the form is N1000 for those within the SouthEast .
To pick up this form may be a challenge but I believe that it is possible. Call so and so….
The grant is minimum of 3million maximum of 10million.  No collateral needed.  However having fulfilled all documentation at the Development bank of Nigeria. There shall be disbursement.  This will call for monitoring of every project.
 Remember you are not paying any thing. You are not returning the grant.
Your ideas must be production oriented on to process and packaging.  It is not for buying and selling
The seminar is for you to be trained and get information
Social exchange market is funding.  They are group of philanthropy across the world.
It is not MMM. I’m not asking you to pay a dime
This grant was what president Jonathan Used for U-win
Your ideas is for you.
Your business ideas In this case is e.g, block making,
  Garment making
  Pure water industry
  Bakery
Poultry and processing
Cassava plantation and processing
Cattle ranches
Nursery school
Drug manufacturing industry
Aquaculture and
Bottling companies
Tomato paste factory
Matches and tooth pick
Nylon industry
Automated shoe making
Flour mill
Feed mill
The grant Is available
The forms are in serial numbers, your signature on it. Everything is physically verified.
In addition NATION BUILDERS CM NETWORK (NGO) is among few privileged NGOs in Nigeria Authorized through social exchange market principle platform to mobilize projects/investments across the country to be given money to empower people so as to drive such projects/investments for self reliance.
 HOW TO APPLY FOR SOCIAL EXCHANGE MARKET FOR GRANT
To partake in this on-going grant program, follow the steps below
Follow this steps:
Have a project/business you or your group want to establish in your community, town or city in Nigeria
Grant is released by Social Exchange Market for each project enlisted in that community, town or city under the group.
Note: Each business/investment will be subjected to a standard follow up for proper implementation by Development Bank Of Nigeria, Social Exchange Market.
NATION BUILDERS CM NETWORK (NGO) will
generate model micro-finance banks that will  the grassroots becoming a financial institution. .
         HOW TO APPLY FOR SOCIAL EXCHANGE MARKET GRANT
To partake in this on-going grant program, follow the steps below
Follow this steps:
Have a project/business you or your group want to establish in your community, town or city in Nigeria
Pick up membership registration from Smile Again Microfinance Bank indicating details of your location and your group intention.
Mobilize minimum of 1000 business/investment within the reach of your group in that community, town or city.
Attend Seminar/Workshop organized by Smile Again Model Microfinance Bank
Grant is released by Social Exchange Market for each project enlisted in that community, town or city under the group.
Note: Each business/investment will be subjected to a standard follow up for proper implementation by Development Bank Of Nigeria, Social Exchange Market and Smile Again Model Microfinance Bank.
For enquires call: 080379872, 07083925153.
Warning: Please,  disregard any such  information on Social Exchange market grants or any related one on  internet or whatsapp group. Fraudsters are everywhere!!!

According Hunters International, 1. ‘Our reporters post updates received from the organisers of social market exchange grants scheme.
2. Ever since, they have never reported the fund is coming from World Bank, but a foreign charity.
3. Our contacts provide photos, videos, and documentations to back up their claim.
4. Hunters International is not part of the organiser; we simply report the proceedings.
5. We keep contacts with a charity foundation, not multi-purpose co-orperative schemes.
6. We are aware some people (cooperative guys) are asking for money for application till date (it may be a way to dupe Nigerians).

My verdict: With all the evidence we have seen, I would say, let’s wait to see if all these Abuja meetings of stakeholders is a film trick or not. There is nothing to lose if everyone wakes up from their daydreaming. To me, it looks more real (with all the findings our reporters have made, and with the proof we’re getting from bethanyworld. After all, it costs us no dime. We advise everybody not to pay for any form anywhere (as far as what we know today).

We will make changes to this article if the need arises.

If you have any question or comment you can use the comment box below.

26 thoughts on “Social Exchange Market Grant for Nigeria; Real or scam?”

  1. Thanks for this information. I wish to know if Amazing Care Foundation is in collaboration with SEM on this grant. A form is being sold for N500 on this grant in Ibafo/Magboro communities, in Obafemi/Owode LG, Ogunwale State. Thank you.

  2. SEM to my greatest amazement do not have an official website, no official email address,no official contact phone number. pls if these are available, keep me updated

  3. Please is this real? Because development Bank of Nigeria and the World Bank have disassociated herselves from any multi purpose cooperatives. If this is real who actually spare heading this fund, where is the fund kept? The authority incharge should explain in detail, is the government aware?

    1. Everybody is asking the same questions, you’re asking. Where is the fund? Who are championing the program? Who are the philanthropists involved or country they’re emanating from?

  4. Bethany is the only recognised on social exchange grant for southwest, lets see what will happen before July end, just concluded collateral signing for the model banks given to handicapped association in each state….

  5. I pray may God make it realy, for us…bcos i just had now that, FIVE BILLION DOLARS HAS BEEN SEND FOR FIRST BASH. for last three days now. waiting for next week to distribute. pls let join hand together and pray with fasting. may God help everyone of us.

    1. Five billion dollar sent to who to disburse?pls desist from unconfirmed information bf spreading it across. Is it Social Exchange Market that does not have official mail,website and phone no is hat sends the fund?However, we re waiting but not procrastinating lest we believe it is fake

    2. Hi David, this is my whatsapp number let’s keep ourselves updated on this as I am praying too. 09023238661

      Please, don’t post phone number here.

  6. Let’s see how this goes, definitely something is wrong, SEM has no website, email, contact no. If it becomes positive, it is a mystery.

    1. Information had it from hunter international that only 21milliom naira signed into collateral in Abuja for each bank as against #10billion formerly promised.This is very controversial cos I don’t know how #21million will shared among 1000 people when they are even talking about 5% family relieve of grant given to each.Does it mean if #21million is shared among 1000 applicants, each get#21000 and the 5% as family relieve will be #1055.Can we literally call this 5% family relieve?.Pls help me find out how authentic this information is so we will not be pursuing shadow.Again we need to be certain when this fund be released since UCR exercise has been completed.

  7. I want to know if over $500 billions will soon be disburse to skills aquisation, youth empowerment and helping the less priviledge in our society.

    1. They are all in the same category! Last year 2017, they ask people to register with N2000; right now they are asking the same people to pay for N1000 for seminar. Where is the grant? This is the question that I am asking.

  8. I learned that Chinese have benefited from these grant and today looking through their economy one can see a very high level of economic growth and development, Pls Nigerians let’s rise up to our challenges and fight a common fight for the good of Nigeria. Let’s continue to pray that God should help us through this life changing opportunity

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