hilaryCU: Hello Everyone,
I know this place is not the right section to post this but I need a place where this can get enough publicity.
Sorry to bore you with my tales of woes but the truth is, I am at the lowest point in my life right now.
I got a loan of 500,000 to repay 891,000 plus in a duration of 12months from fairmoney, meaning I will be paying 74,667 plus every month. Though I knew it won't be easy, I decided to give it a go after someone in my street who is into yam selling from Benue State explain how the business works , the profit margins and all that, I was convinced that if done , at least I will be able to be offsetting the monthly loan amount without much hassles since it takes four days to get to Lagos and in a about two days time, I would have sold if not but most of the yams and repeat and that encouraged me to get the loan.
I even went to Zaki Ibiam in Benue which is the main center for yams in Nigeria to buy the yams with a contact person that a friend introduced to me there.
I didn't planned for what will befall me on my very first trip as the vehicle converging the goods to Lagos had a breakdown and wasted much more time than usually expected, before the yams could get to Lagos, so many has gone bad and I invested almost all the money in the hope of realizing enough profit in order to start on strong footing towards repayment of the loan, I know it would have been better if I had started small but that about the only business on my mind then and with the loan repayment bearing down too,
I have managed to repay the first month and the second one is due in 13days time which I will manage to repay but after that, I don't know how I am going to navigate this again since there won't be enough capital to do any kind of business talk more of repayment of loan. Please, I plead with you my brothers and sisters to assist me in any which way to enable me get this burden off my back, I am so depressed right now, feel so empty and confused and for the first time in my life having suicidal thoughts.
I can provide all evidences if demanded, I just wanted to help myself and don't know that I will fall into this mess. I decided to come here because I have practically run out of options.
Thanks all,
CC OAM4J, Mynd44) how did u later go about this loan |