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Am Confuse Pls Help by steve10(m): 4:44pm On Jul 13, 2013
A friend have agreed to help me borrow 200k from his sister who is into daily contribution collection. But the condition
Is that I will pay back in three month and I will be paying interest of 15k monthly.
My problem is this I don't have a shop, the stuff I import from china I hardly sell 10 pieces monthly.
I don't want to disappoint any one .please
What do I do?
Re: Am Confuse Pls Help by ayobase(m): 5:25pm On Jul 13, 2013
Don't collect the loan if you can't keep to ur part of the contract!

SIMPLE!

Or u rather venture into another booming business....don't ask me which one pls!
Re: Am Confuse Pls Help by miitcash(m): 5:50pm On Jul 13, 2013
what exactly are you importing? share honestly, we will get you informed.
Re: Am Confuse Pls Help by arbitrage: 5:59pm On Jul 13, 2013
Don't collect it so that you will not break the heart of that poor girl who is laboring to safe daily.
Re: Am Confuse Pls Help by omiobo: 6:19pm On Jul 13, 2013
If it doesn't worth it don't take it.
Re: Am Confuse Pls Help by steve10(m): 6:39pm On Jul 13, 2013
miitcash: what exactly are you importing? share honestly, we will get you informed.

Does it really matter?
Re: Am Confuse Pls Help by miitcash(m): 7:07pm On Jul 13, 2013
steve10:

Does it really matter?
Not really, sir. forgive, i pray for God's direction. ok. bye
Re: Am Confuse Pls Help by steve10(m): 8:47pm On Jul 13, 2013
miitcash:
Not really, sir. forgive, i pray for God's direction. ok. bye

No offence sir,
Re: Am Confuse Pls Help by dav8id(m): 10:58pm On Jul 13, 2013
@op don't collect the loan even if you are to pay in 1 year time. Looking at the rate of the monthly interest, though it may depend on what you are importing.

If you desperate need a loan,then i advise you should join LAPO and obtain loan from them.
Re: Am Confuse Pls Help by steve10(m): 6:46am On Jul 14, 2013
dav8id: @op don't collect the loan even if you are to pay in 1 year time. Looking at the rate of the monthly interest, though it may depend on what you are importing.

If you desperate need a loan,then i advise you should join LAPO and obtain loan from them.

Pls what's lapo?
Re: Am Confuse Pls Help by dav8id(m): 1:09pm On Jul 15, 2013
Lift above poverty organization {LAPO} lapo is a micro financial institute design for small scale business owner.. Pls google it and get more info
Re: Am Confuse Pls Help by steve10(m): 1:47pm On Jul 15, 2013
dav8id: Lift above poverty organization {LAPO} lapo is a micro financial institute design for small scale business owner.. Pls google it and get more info

Thanks man

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