safariman: The steps are in wrong order. Step 5 (Business plan) should come before obtaining a loan. How do you know how much you need to fund your growth without first forecasting your profitability, cash flow projections, uses of loan proceeds and eventual repayment program? As a former banker, the rate of failure or default with these types of loan is extremely high, but at least some will benefit and help the economy.
Step 5 is the implementation of the business plan with the assistance of experts, the business plan is usually developed before you even apply for the loan, it’s part of the pre-requisites for the application
delvzy: You just look at this and say it's a good idea but when the economy is as bad as this then this approach is a sham. take for instance you loan this SME,'s funds with increasing interest without considering the marketing space on a long run. You people need to start considering marketing strategies for this start-ups to be able to repay the loan on time and don't see it as a waste.
The Scheme comes with a compulsory training for all prospective beneficiaries on strategies to make their businesses thrive so that they can repay the loans and do well as a business
YungMillionaire: The fact that those armed robbers were Saraki's political henchmen is not in doubt. Even if he did not send them to rob the bank, how can trust a man who works with hardened violent criminals?
shobroy10: All of u spewing trash up here I don't blame u since u don't reside in his state. OP since u are benefitting from him u can't be blame na naija we dey things hard.
OEPHIUS: Have questions about the 8th Nigerian Senate? Not sure of their contributions to your livelihood or the country? Working on a new project? Just looking to learn something new about the Senate? Let NS8 help you!
The 8th Nigerian Senate has introduced the NS8 Chatbot, an online Artificial Intelligence (AI) – powered information service for Nigerians interested in the outgoing 8th Senate’s activities, key interventions, and achievements.
Since its inception, the 8th Senate adopted an agenda to focus on improving livelihood, business and governance and the chatbot is designed to give users real-time access to key interventions and bills passed to achieve these objectives. Currently available on Facebook Messenger and the web, the chatbot supports the 8th Senate leadership’s agenda of #OPENASS.
The NS8 Chatbot can be used to access information around 5 sections, which include: key interventions, legislation by sector, legislators per geopolitical zones etc. Designed to provide quick and easy to digest information for Nigerian audiences and in the event that user is unable to access desired information, the chatbot is programmed to direct users to other relevant sources in order to proffer solutions.
Recognized as the first of its kind in government, this tool is recommended for use by government institutions, businesses, politicians, political enthusiasts, and students. Visit http://ns8.com.ng/ to chat on the web or search for NS8 Bot on Facebook to chat on the Facebook Messenger platform.
OEPHIUS: Have questions about the 8th Nigerian Senate? Not sure of their contributions to your livelihood or the country? Working on a new project? Just looking to learn something new about the Senate? Let NS8 help you!
The 8th Nigerian Senate has introduced the NS8 Chatbot, an online Artificial Intelligence (AI) – powered information service for Nigerians interested in the outgoing 8th Senate’s activities, key interventions, and achievements.
Since its inception, the 8th Senate adopted an agenda to focus on improving livelihood, business and governance and the chatbot is designed to give users real-time access to key interventions and bills passed to achieve these objectives. Currently available on Facebook Messenger and the web, the chatbot supports the 8th Senate leadership’s agenda of #OPENASS.
The NS8 Chatbot can be used to access information around 5 sections, which include: key interventions, legislation by sector, legislators per geopolitical zones etc. Designed to provide quick and easy to digest information for Nigerian audiences and in the event that user is unable to access desired information, the chatbot is programmed to direct users to other relevant sources in order to proffer solutions.
Recognized as the first of its kind in government, this tool is recommended for use by government institutions, businesses, politicians, political enthusiasts, and students. Visit http://ns8.com.ng/ to chat on the web or search for NS8 Bot on Facebook to chat on the Facebook Messenger platform.
haywire07: I don't blame the blind OP but the mod who selectively push some nairalanders opinion to front page irrespective of the correctness.
Tonye is typical of one who sits behind his keyboard and types anything to suit the curiosity of his asslickers , without putting into consideration the authenticity of his opinion
Abeggi, you can't sound smart while supporting Buhari. We are not Brainwashed like you
[quote author= post=75883156]Not for once did this OP and Mumu Reno that started this yesterday mentioned why this particular lawyer out of all the lawyers representing Atiku is being quizzed.
Not for once did he mentioned up there that this particular lawyer is being quizzed for money laundering (Since stealing is not corruption to them).
Wailing wailers will NEVER disappoint in how they sugar coat issue to suit their hypocritical mind.[/quote]Wail all you want. Buhari cannot be President again. You can go to Daura with him