NewStats: 3,264,209 , 8,182,971 topics. Date: Tuesday, 10 June 2025 at 07:47 AM 5o3l1o

eagleeye2:
Sometimes this year I accessed a loan of 600k for a business idea I have. The loan tenor is 24 months and I will be repaying about 750k interest and Principal inclusive. the business is projected to yield 60k monthly for about 15 to 18 months.
The beauty of this is that my salary is my collateral. After deducting their monthly repayment amount, I still have something to fall back on, while still earning from my side business.

Please which lender is this

dsauce:

Please which lender is this

A micro finance bank, in the east. My salary is domiciled there.

eagleeye2:

A micro finance bank, in the east. My salary is domiciled there.

Okay, thanks

nice thanks

eagleeye2:
Sometimes this year I accessed a loan of 600k for a business idea I have. The loan tenor is 24 months and I will be repaying about 750k interest and Principal inclusive. the business is projected to yield 60k monthly for about 15 to 18 months.
The beauty of this is that my salary is my collateral. After deducting their monthly repayment amount, I still have something to fall back on, while still earning from my side business.

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