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Ali Baba's N30m Intervention Revolving Loan - Celebrities (3) - Nairaland

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Re: Ali Baba's N30m Intervention Revolving Loan by vertueptime: 11:42am On Feb 24, 2018
Acidosis:
Ali Baba is a joke


He dsnt have 10m in his account
Re: Ali Baba's N30m Intervention Revolving Loan by somehow: 11:51am On Feb 24, 2018
When I say structure, I mean someone already operating.


I'm actually talking about the Alibaba type of loan.

This one is for one year and someone who hasn't started anything yet can't really survive well with such a loan because it takes an average of 2 years for a business to end in profit. (There are few exceptions but Alibaba won't be taking chances.)

Remember the wife is a seasoned banker so she will surely not let her husband give loans to people without structures.
amicable09:

Lol. Did you say must surely? And you ended with 'Loan isn't for starters' cheesy cheesy cheesy

Anybody can request for loan and this anybody includes start ups. To request is one thing, to avail is another. Not to go too far, I said this particular revolving loan should be forever entrepreneurs who have started something but are looking for funds to argument working capital. That's when we can be sure the credit will be repaid.
Re: Ali Baba's N30m Intervention Revolving Loan by Sinof(m): 11:52am On Feb 24, 2018
Nice Initiative Sir.
Re: Ali Baba's N30m Intervention Revolving Loan by Vokians(m): 12:10pm On Feb 24, 2018
Is this a joke or for real?
Re: Ali Baba's N30m Intervention Revolving Loan by funkyme2014(f): 12:57pm On Feb 24, 2018
post=65330073:


Laudable initiative however N1m in one year with a N1m payback after a year haba


na money doubler you be uncle undecided
He said interest free which means dat he gives 1m and u return 1m after 1yr which is perfect cos all dis thief microfinance institutions charges 15% and none allows one year. Abeg I nid
Re: Ali Baba's N30m Intervention Revolving Loan by free2ryhme: 1:01pm On Feb 24, 2018
einsteine:


He didn't say double his money. Simply return the 1 million after one year. No interest. Reasonable.

if your return 1m to him how much is left /

you need to have 1m to return back 1m

it is still doubling
Re: Ali Baba's N30m Intervention Revolving Loan by free2ryhme: 1:02pm On Feb 24, 2018
Danty37:

go back and read the post again and stop vomiting Nonsense

Re: Ali Baba's N30m Intervention Revolving Loan by mynaijadj(m): 1:07pm On Feb 24, 2018
Common Ali, why not 30 billion so we can shut Davido up finally. 30 billion we dey dash o
Re: Ali Baba's N30m Intervention Revolving Loan by einsteine(m): 1:17pm On Feb 24, 2018
free2ryhme:


if your return 1m to him how much is left /

you need to have 1m to return back 1m

it is still doubling


Not really. You don't need to double the money to return 1 million. Or are you saying people shouldn't pay back their loans? If it was a bank, you would return nothing less than 1.3 million at the rate of 100,000 per month from that loan. So, it is a commendable venture.
Re: Ali Baba's N30m Intervention Revolving Loan by tayo200(m): 1:42pm On Feb 24, 2018
me I go just find 3 odds put the 1m.. na the next day I go see the 1m back... not even a year.. emi ti mo sharp.. carry Man Utd over 2.5, carry Man City, carry Real Madrid..
Re: Ali Baba's N30m Intervention Revolving Loan by free2ryhme: 1:49pm On Feb 24, 2018
einsteine:



Not really. You don't need to double the money to return 1 million. Or are you saying people shouldn't pay back their loans? If it was a bank, you would return nothing less than 1.3 million at the rate of 100,000 per month from that loan. So, it is a commendable venture.

when you remove N1m from the business what else is left for working capital
Re: Ali Baba's N30m Intervention Revolving Loan by einsteine(m): 1:57pm On Feb 24, 2018
free2ryhme:


when you remove N1m from the business what else is left for working capital

Do you know what a loan is?
Re: Ali Baba's N30m Intervention Revolving Loan by free2ryhme: 2:01pm On Feb 24, 2018
einsteine:


Do you know what a loan is?

No, explain to me undecided
Re: Ali Baba's N30m Intervention Revolving Loan by nkemjacob2(m): 5:48pm On Feb 24, 2018
gud one sir. we re waitin 4 dangote nd d rest. tony e. has led d step
Re: Ali Baba's N30m Intervention Revolving Loan by georgeceekay: 7:50pm On Feb 24, 2018
OneCorner:
ps... his mummy has an igbo ancestry too making him an igbo man.

divide and conquer is over... we're reclaiming what's ours cool
cheap talk.

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