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Going Into Lending Business- Wish Me Well. - Business (2) - Nairaland 2lt52

Going Into Lending Business- Wish Me Well. (13828 Views)

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Ebinpawo1: 1:31pm On May 31
Ok
cjudy(m): 1:33pm On May 31
mightyhaze:
You and your wife don resolve the PEP issue?
Good question. Be like this guy na content creator

8 Likes

MichaelSokoto(m): 1:33pm On May 31
u guurn luurn!
grin

8 Likes

Geonigga(m): 1:33pm On May 31
Your need to obtain money lender permit

1 Like

Jrevelation(m): 1:34pm On May 31
This one never experienced life drama

Hope you get confirm juju

After borrowing from you

They will send you different spiritual attacks from different angle

You're new to this game of life sha

Smiles

Just make sure

You're ready

Your eyes go clear

3 Likes

BleedGraphix: 1:34pm On May 31
I beg you like a brother, do not do that business. Most Nigerians derive joy in owing debt. It is better you put half in Treasury bills while you scout your environment and plan gradually. You can even upgrade your skill.
Nna2025:

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,

2 Likes

Arijude(m): 1:34pm On May 31
Chilipepper:
They will use jazz on you and you will run mad. Look for another business.

πŸ˜‚πŸ˜‚πŸ˜‚πŸ€£πŸ€£πŸ€£
Lionnation: 1:34pm On May 31
I am interested I need 2m how much interest

1 Like 1 Share

ghettochild(m): 1:35pm On May 31
Instead of lending out money
Why not keep that money as safety or insurance n then start collecting daily contributions from traders and business people.. then you can borrow them money on the 10th day of the contribution
That way you go Dey see the persons daily and keep collecting the daily contributions as well as the interest spread across the remaining days o.
This is the best advice for u since u r determined that’s the business u want to do.

5 Likes 2 Shares

geoworldedu: 1:38pm On May 31
yomi007k:


Hmmm...

Do you know people that have done so with success?
Nigerians don't like paying back debts.
People doing so are cashing out big, that's why none of them have left the business. They only change names.

2 Likes 1 Share

Mariangeles(f): 1:39pm On May 31
Nna2025:


Yes with interest

It's not a good "business" to go into.

Overtime of some people not paying when they should, you won't know what happened to all the money.
fergieboy: 1:39pm On May 31
Your better off locking that 10m in FairMoney or piggy vest

Or you go cry

1 Like

joshuaidibia(m): 1:39pm On May 31
Nna2025:


Yes with interest

If you were my brother I'd have adviced you against that. Most lenders don't die well or live long. My own observation though, but I wish you all the best. You'll be tempted to go fetish, the moment you do, the moment your doomsday clock ticks faster.

1 Like

geoworldedu: 1:39pm On May 31
Jrevelation:
This one never experienced life drama

Hope you get confirm juju

After borrowing from you

They will send you different spiritual attacks from different angle

You're new to this game of life sha

Smiles

Just make sure

You're ready

Your eyes go clear

Lies
cmoney22222: 1:39pm On May 31
Abort mission op. E get why

1 Like

geoworldedu: 1:40pm On May 31
joshuaidibia:


If you were my brother I'd have adviced you against that. Most lenders don't die well or live long. My own observation though, but I wish you all the best. You'll be tempted to go fetish, the moment you do, the moment your doomsday clock ticks faster.
Another lie
Difrent: 1:40pm On May 31
Nna2025:

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,

You will do well if you give at least 15 to 30 days from first time s, but of you fashion your business model towards 7 days loan, trust me , default go plenty

3 Likes

Basicend: 1:40pm On May 31
There is no need for our prayers.

Please look for something else more profitable and less risky.

I was in debt recovery exercise for a while with a Nigerian bank and I know how hard and complicated it was.

Coupled with Nigeria's current hard economy where most businesses are not even sure of breaking even, not to mention profiting.

1 Like

step16(m): 1:40pm On May 31
Help us with your number, let's start the business.

Nna2025:

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,

1 Like

Difrent: 1:42pm On May 31
Jrevelation:
This one never experienced life drama

Hope you get confirm juju

After borrowing from you

They will send you different spiritual attacks from different angle

You're new to this game of life sha

Smiles

Just make sure

You're ready

Your eyes go clear

If na so, nobody go dey the business again now.
Though with high risks
The returns are massive too.
And you will be surprised the number of people in that line of business
Mariangeles(f): 1:42pm On May 31
cjudy:

Good question. Be like this guy na content creator

Say problem dey ground no mean say make man no make move naa. cheesy

2 Likes

moscobabs(m): 1:43pm On May 31
Nna2025:

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,

Ignore the bad advices here, lending business is a lucrative business but Nigerians don't like returning loans and the Government don't help too. But make sure u have some madness, know police and know area Boyz cos the business is not for the weal

2 Likes

fuckJones(f): 1:44pm On May 31
yomi007k:


Hmmm...

Do you know people that have done so with success?
Nigerians don't like paying back debts.
you are right, personally I don't like paying back Depts
nedekid: 1:44pm On May 31
Op, Nigerians don't pay igbese, it is in our dna. My late papa warned about lending money, he gave us gist of when he was young those days in yaba, his friend one half cast guy borrowed some money from him and dropped his guitar as collateral. Luckily my grandad was around and told my dad to get a written note from the borrower. Time to pay reached, the borrower did not bring the money rather he went to police station to report this guitar stollen and that there was someone he suspected. Na so police land house to arrest popsi. Dad took the letter along and showed them at the police station, that was what saved his arse.
Bros you have to be a "strong" man to run such business if not it is better to squander the money, eat it anyhow at least you know it was you that wasted it than to bear the pain of that money disappearing and another person enjoyed it. Lol

2 Likes

AnalysisGuru: 1:45pm On May 31
Use that money and start POF or partner with some persons and start POF.

It doesn't seem as though you know about lending.

You can make 2.5% interest per month with POF.

Regards

Nna2025:

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,
saintkel(m): 1:47pm On May 31
I would have ventured into dis but I don't trust ur source of wealth
odeku457(m): 1:47pm On May 31
Nna2025:

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,

Good luck on your endeavors

If don't mind I can give you a few pointers if you want it.

Bless
FriendsAndFans(m): 1:48pm On May 31
Nigeria is a borrowing poor economy.
Please don't start a lending business because people will not be able to meet up

1 Like

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