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Going Into Lending Business- Wish Me Well. - Business - Nairaland 5q6qy
Going Into Lending Business- Wish Me Well. (13746 Views)
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| Nna2025: 6:17pm On May 20 |
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Dear Nairalanders, My company asked a couple of us to resign, services no longer required. I was paid a little above 10M and I will be venturing into lending. Microlending. Please say your prayers for me and wish me well. I will appreciate all you prayers and encouragement too... Thank You and Regards, 32 Likes 6 Shares |
| yomi007k(m): 6:26pm On May 20 |
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Which one is lending business? You wan borrow Nigerians money? Are you from Europe? 190 Likes 19 Shares |
| Nna2025: 6:27pm On May 20 |
yomi007k: Yes with interest 33 Likes |
| yomi007k(m): 6:29pm On May 20 |
Nna2025: Hmmm... Do you know people that have done so with success? Nigerians don't like paying back debts. 178 Likes 19 Shares |
| badaru911: 7:06pm On May 20 |
Nna2025:... Do you have a complete idea about it.. Have you done it before?. Lending biz in 9ja, hmmm, you know you will be dealing with cunning people, swindlers, liars.... Etc 105 Likes 13 Shares |
| Nna2025: 7:50pm On May 20 |
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Yes I do, it's risky but I hope to secure it well....
9 Likes 2 Shares |
| Goalnaldo(m): 9:48pm On May 20 |
Nna2025:let me be your first client. I need 1.6m for my pharmacy business 86 Likes 6 Shares |
| Tohsynetita1: 11:28pm On May 20 |
Nna2025:Lending business is not advisable, worst is to arrest the defaulters if they do, and arresting doesn’t mean they will pay. Why not think of other stuff like planting cash crops, importation, exportation , foodstuffs business from north to Lagos? I don’t know this could make front page. Look into exportation, importation of goods or farming cash crops, they are reliable and will last. 119 Likes 14 Shares |
| Chilipepper: 8:12am On May 30 |
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They will use jazz on you and you will run mad. Look for another business. Nna2025: 71 Likes 6 Shares |
| richmond500: 1:27pm On May 31 |
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It's a good business but you must be willing to fight some people, insult others, arrest some people. Also my advice is to lend only to civil servants for now, they are the only people that you are sure to have job security no matter the economy 137 Likes 10 Shares |
| tuoyoojo(m): 1:28pm On May 31 |
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Na wa o Do u have modalities for loan recovery incase of defaulters 40 Likes 9 Shares |
| Coder2Client(m): 1:28pm On May 31 |
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Humm
2 Likes |
| maxiuc(m): 1:28pm On May 31 |
 Imagine borrowing 100k to pay 120k under one month 31 Likes 3 Shares |
| 2cribz: 1:28pm On May 31 |
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Buy glk from abroad for 7m with clearing and sell it for 30m. No be juju be that
11 Likes |
| Esthered: 1:28pm On May 31 |
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Ibechris, your advice is needed sir.
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| Stevengold(m): 1:28pm On May 31 |
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Interesting, interest rate please.
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| allen113: 1:28pm On May 31 |
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Ok
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| Lawalemi(m): 1:28pm On May 31 |
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Come and hire police for
44 Likes 1 Share |
| vickthourh(m): 1:28pm On May 31 |
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Go and sin no more . Some will pay Some will not 4 Likes 3 Shares |
| emmabest2000(m): 1:29pm On May 31 |
Nna2025: 1 Like |
| PriceActionZ: 1:29pm On May 31 |
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This one na learner. Bank with all her sophisticated technology still got problem with debtors. Same with online loan app. This one na free money distribution for everyone. They will not pay you a dime and it will end in police station in which the police will look for one loophole in your company either with your licensing or authorisation and later force you to squander all the remaining money on them. You never know anything. Happy crying ahead. 54 Likes 7 Shares |
| Harddiskng(m): 1:29pm On May 31 |
yomi007k: Problem dey sleep, yanga wan wake am lol Borrow Nigerians money at your peril, except you run a an iron-fist mob that people would fear and tremble when their repayment date approaches, it may not be a very stress-free / profitable venture. 35 Likes 4 Shares |
| olola4(m): 1:29pm On May 31 |
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Very risky business.
11 Likes 2 Shares |
| EpicDude123: 1:30pm On May 31 |
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Invest in Agriculture and have peace, you may not have the energy to recover your losses. Don't do what will end in tears. 18 Likes 1 Share |
| Dexy4yah(m): 1:30pm On May 31 |
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| chiboycue: 1:30pm On May 31 |
Nna2025: I wish you well. What are the requirements for someone that wants to lend N300,000 from you? What your interest rate on the above amount? 1 Like |
| Olatara(f): 1:30pm On May 31 |
Chilipepper:They can even kill him for as low as 100k. OP abeg, do something else with your money. 25 Likes 1 Share |
| Dogalmighty17: 1:30pm On May 31 |
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Before you start, take a visit to the nearest lapo office in your area. You will see more than enough to dissuade you. This is not the time to enter lending business
27 Likes 2 Shares |
| Image123(m): 1:31pm On May 31 |
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Ahhh, chronic debtors plenty oh even inside your house.
11 Likes 1 Share |
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