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Going Into Lending Business- Wish Me Well. - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessGoing Into Lending Business- Wish Me Well. (16531 Views)

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Going Into Lending Business- Wish Me Well. by Nna2025(op): 6:17pm On May 20, 2025
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,
Re: Going Into Lending Business- Wish Me Well. by yomi007k(m): 6:26pm On May 20, 2025
Which one is lending business?

You wan borrow Nigerians money? Are you from Europe?
Re: Going Into Lending Business- Wish Me Well. by Nna2025(op): 6:27pm On May 20, 2025
yomi007k:
Which one is lending business?

You wan borrow Nigerians money? Are you from Europe?
Yes with interest
Re: Going Into Lending Business- Wish Me Well. by yomi007k(m): 6:29pm On May 20, 2025
Nna2025:
Yes with interest
Hmmm...

Do you know people that have done so with success?
Nigerians don't like paying back debts.
Re: Going Into Lending Business- Wish Me Well. by badaru911: 7:06pm On May 20, 2025
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,
... Do you have a complete idea about it.. Have you done it before?. Lending biz in 9ja, hmmm, you know you will be dealing with cunning people, swindlers, liars.... Etc
Re: Going Into Lending Business- Wish Me Well. by Nna2025(op): 7:50pm On May 20, 2025
Yes I do, it's risky but I hope to secure it well....
Re: Going Into Lending Business- Wish Me Well. by Goalnaldo(m): 9:48pm On May 20, 2025
Nna2025:
Yes I do, it's risky but I hope to secure it well....
let me be your first client. I need 1.6m for my pharmacy business
Re: Going Into Lending Business- Wish Me Well. by Tohsynetita1(m):
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,
Lending business is not advisable, worst is to arrest the defaulters if they do, and arresting doesn’t mean they will pay.
Why not think of other stuff like planting cash crops, importation, exportation , foodstuffs business from north to Lagos?
I don’t know this could make front page. Look into exportation, importation of goods or farming cash crops, they are reliable and will last.
Re: Going Into Lending Business- Wish Me Well. by Chilipepper: 8:12am On May 30, 2025
They will use jazz on you and you will run mad. Look for another 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,
Re: Going Into Lending Business- Wish Me Well. by richmond500:
It's a good business but you must be willing to fight some people, insult others, arrest some people.

Also my advice is to lend only to civil servants for now, they are the only people that you are sure to have job security no matter the economy
Re: Going Into Lending Business- Wish Me Well. by tuoyoojo(m): 1:28pm On May 31, 2025
Na wa o

Do u have modalities for loan recovery incase of defaulters
Re: Going Into Lending Business- Wish Me Well. by Coder2Client(m): 1:28pm On May 31, 2025
Humm
Re: Going Into Lending Business- Wish Me Well. by maxiuc(m): 1:28pm On May 31, 2025
cheesy

Imagine borrowing 100k to pay 120k under one month
Re: Going Into Lending Business- Wish Me Well. by 2cribz: 1:28pm On May 31, 2025
Buy glk from abroad for 7m with clearing and sell it for 30m. No be juju be that
Re: Going Into Lending Business- Wish Me Well. by Esthered: 1:28pm On May 31, 2025
Ibechris, your advice is needed sir.
Re: Going Into Lending Business- Wish Me Well. by Stevengold(m): 1:28pm On May 31, 2025
Interesting, interest rate please.
Re: Going Into Lending Business- Wish Me Well. by allen113: 1:28pm On May 31, 2025
Ok
Re: Going Into Lending Business- Wish Me Well. by Lawalemi(m): 1:28pm On May 31, 2025
Come and hire police for support

Re: Going Into Lending Business- Wish Me Well. by vickthourh(m): 1:28pm On May 31, 2025
Go and sin no more
.

Some will pay
Some will not
Re: Going Into Lending Business- Wish Me Well. by emmabest2000(m): 1:29pm On May 31, 2025
Nna2025:
Yes with interest
Re: Going Into Lending Business- Wish Me Well. by PriceActionZ:
This one na learner. Bank with all her sophisticated technology still got problem with debtors. Same with online loan app.

This one na free money distribution for everyone. They will not pay you a dime and it will end in police station in which the police will look for one loophole in your company either with your licensing or authorisation and later force you to squander all the remaining money on them. You never know anything. Happy crying ahead.
Re: Going Into Lending Business- Wish Me Well. by Harddiskng(m): 1:29pm On May 31, 2025
yomi007k:
Which one is lending business?

You wan borrow Nigerians money? Are you from Europe?
Problem dey sleep, yanga wan wake am lol

Borrow Nigerians money at your peril, except you run a an iron-fist mob that people would fear and tremble when their repayment date approaches, it may not be a very stress-free / profitable venture.

Re: Going Into Lending Business- Wish Me Well. by olola4(m): 1:29pm On May 31, 2025
Very risky business.
Re: Going Into Lending Business- Wish Me Well. by EpicDude123: 1:30pm On May 31, 2025
Invest in Agriculture and have peace, you may not have the energy to recover your losses.
Don't do what will end in tears.
Re: Going Into Lending Business- Wish Me Well. by Dexy4yah(m): 1:30pm On May 31, 2025
grin
Re: Going Into Lending Business- Wish Me Well. by chiboycue: 1:30pm On May 31, 2025
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,
I wish you well. What are the requirements for someone that wants to lend N300,000 from you? What your interest rate on the above amount?
Re: Going Into Lending Business- Wish Me Well. by Olatara(f): 1:30pm On May 31, 2025
Chilipepper:
They will use jazz on you and you will run mad. Look for another business.
They can even kill him for as low as 100k.

OP abeg, do something else with your money.
Re: Going Into Lending Business- Wish Me Well. by Dogalmighty17: 1:30pm On May 31, 2025
Before you start, take a visit to the nearest lapo office in your area. You will see more than enough to dissuade you. This is not the time to enter lending business
Re: Going Into Lending Business- Wish Me Well. by Image123(m): 1:31pm On May 31, 2025
Ahhh, chronic debtors plenty oh even inside your house.
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