What Business Can I Do With 1.1million - Romance (2)

What Business Can I Do With 1.1million - Romance (2) - Nairaland

Nairaland Forum › Nairaland General › Romance › What Business Can I Do With 1.1million (3306 Views)

Re: What Business Can I Do With 1.1million by Phabulous4(m): 1:00pm On May 22, 2025

My take may be brash, but it is a genuine risk assessment offered freely. If you had read it with an open mind and clear comprehension, you would have seen that. But I agree with you, we all have different degrees of risk appetite.

However, the point is simple: scaling a business in Nigeria is no child’s play. Let’s assume the business survives for two years, will you be able to withdraw the borrowed amount from the business while it still sustains itself and continues to thrive? Or do you intend to start repayment after 24 months on an installment basis? That would be wild, but with you, nothing is impossible.

So I wish you well.

To set up a Nylon making business, I don’t know the exact cost, but I believe it should be relatively low on an SME scale. You may want to look into that. Ire ooo.

1 Like

Re: What Business Can I Do With 1.1million by Fekumzi123: 1:09pm On May 22, 2025

Versitee:
I will definitely borrow from them. Nothing can stop me.

I will pay them back after 2 years. That is what I have decided.

Do you have experience in borrowing from loan app? Experience people don advice you ooo.
Browse about loan.
80% don't come out.
Loan is like eating what you have not work for.
You may never come out.

2 Likes

Re: What Business Can I Do With 1.1million by Godblessme1: 2:39pm On May 22, 2025

Ruke1991:
Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

lol

Re: What Business Can I Do With 1.1million by 22o62021: 4:03pm On May 22, 2025

Bros borrow that money and use it for good

If any loan app offer me even more than that
I will take it and I may not pay back on time

1 Like

Re: What Business Can I Do With 1.1million by Trymeee: 4:23pm On May 22, 2025

Ruke1991:
Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

I can't decipher if this is sarcasm.

You earn my respect either ways.

2 Likes

Re: What Business Can I Do With 1.1million by Antihypocrite: 6:03pm On May 22, 2025

Fekumzi123:
Do you have experience in borrowing from loan app? Experience people don advice you ooo.
Browse about loan.
80% don't come out.
Loan is like eating what you have not work for.
You may never come out.

How una dey see this loan app sef.

U guys think loan apps are alpha and Omega.

Ok so if u default what happens?

The interest keeps compounding and so what?

After 10 months they will be the ones begging to negotiate how much you can pay.

1 Like

Re: What Business Can I Do With 1.1million by Antihypocrite: 6:04pm On May 22, 2025

Versitee:
I qualify for a loan of 500k on one loan app, and another 450k on another loan app.

I have 150k savings too from my teaching job.

All the money put together is 1.1 million, please what can I do with the money. I need a good business idea.

P.s

Go into farming bros.

Cucumber is better.

I know the loan app rate is too high.
I have already made up my mind to default.
I will pay the back in 24 months.
So just give me a business that will be profitable by then.

Re: What Business Can I Do With 1.1million by Fekumzi123: 7:05pm On May 22, 2025

Antihypocrite:
How una dey see this loan app sef.

U guys think loan apps are alpha and Omega.

Ok so if u default what happens?

The interest keeps compounding and so what?

After 10 months they will be the ones begging to negotiate how much you can pay.

Yes, you can default.
But think about tomorrow.
If you borrow from someone and you didn't pay back, if you go back to that person in future, will the person still give you, No.
Their own is worst, you can never get loan again anywhere. You bvn will be damaged for life.
I don try for you ooo,

1 Like

Re: What Business Can I Do With 1.1million by Pootle: 7:18pm On May 22, 2025

Ruke1991:
Go ahead, what cannot kill a man makes a man
Get rich quick or die trying
No pain, no glory
Tough times never last but tough people do
Life is a risk
Man can only die once
Cowards die many times before their time

Don't be a coward, borrow that loan. Greatness is inborn. You could be the next Elon musk who debt nearly ruined but ended up becoming the world richest. The grave is full of unused talents. Man must not die without using their talent. Go on and blow

you be CBEX agent abi, see motivation am moved too wan go collect lapo loan grin

1 Like

Re: What Business Can I Do With 1.1million by Viserion: 7:24pm On May 22, 2025

Versitee:
I will definitely borrow from them. Nothing can stop me.

I will pay them back after 2 years. That is what I have decided.

Please I beg you to avoid borrowing, apart from interest rates, the default interest will be in millions. Don't bother borrowing from them

Re: What Business Can I Do With 1.1million by Antihypocrite: 12:25am On May 23, 2025

Fekumzi123:
Yes, you can default.
But think about tomorrow.
If you borrow from someone and you didn't pay back, if you go back to that person in future, will the person still give you, No.
Their own is worst, you can never get loan again anywhere. You bvn will be damaged for life.
I don try for you ooo,

Aje

Na only mumu go take loan app rating seriously.

I dey owe fairmoney, palm pay, ease money etc

But fcmb still dey give me loan.

No talk wetin u no sabi

1 Like

Re: What Business Can I Do With 1.1million by SocialJustice: 7:12am On May 23, 2025

Versitee:
I know. I already plan to default. I will pay them back in 24 months

You'd be amazed at how you are about to ruin your life. You will never be able to pay back unless you have another source of money.

Re: What Business Can I Do With 1.1million by Ruke1991: 8:53am On May 23, 2025

tobore4u:

What if he chooses not to pay and ignore all their messages?.

Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

3 Likes

Re: What Business Can I Do With 1.1million by tobore4u(m): 9:24am On May 23, 2025

Ruke1991:
Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

ooh..Thank you.

Re: What Business Can I Do With 1.1million by Antihypocrite: 3:47pm On May 23, 2025

Ruke1991:
Banks have found a way to track credit rating. He may spoil his chances of travelling out of the country in the future with a bad credit rating and commercial banks can now see your debt profile with other banks before issuing you loans.

Big big lies
Big big big lies

Re: What Business Can I Do With 1.1million by Iamsane: 7:41am On Jun 14, 2025

Versitee:
I qualify for a loan of 500k on one loan app, and another 450k on another loan app.

I have 150k savings too from my teaching job.

All the money put together is 1.1 million, please what can I do with the money. I need a good business idea.

P.s

I know the loan app rate is too high.
I have already made up my mind to default.
I will pay the back in 24 months.
So just give me a business that will be profitable by then.

You qualify 😀....e no mean say they will give you nah. You be learner?

1 Like

Re: What Business Can I Do With 1.1million by Saltandmaggi: 3:26pm On Jun 14, 2025

ublight:
It is a good thing that you know the consequences of loan apps and you have already made up your mind to face their threats and defamations.

If you can make the money up to 1.3 million,

Use that 1.1million to get a good grade of fairly used keke na pep.

The remaining 200k will be for miscellaneous.

Ride the keke like your life depends on it.

Make sure to save 100k monthly.
Drive for 3 years.
Then diversify into agriculture after 3 years.

Now I know y papa nkechi dey frown and ride that him bike like say him life depend on am .
Poor man! Las las he old pass him age .

Re: What Business Can I Do With 1.1million by Streetmovement(m): 11:00am On Jun 15, 2025

Wotoporiously cool

speaking

What's the name of the loan app you borrowed from? Na my own interest be that

Re: What Business Can I Do With 1.1million by anonymuz(m): 2:49pm On Jun 15, 2025

ublight:
Oga ask around. Make movements, u will find keke of 1.1m.

U are even in Uyo. Better.

Buy an oven 350k.
Learn how to make scone bread. (30k is enough)

With 200k, you will get flour, sugar, butter, milk etc.

Start production and move around supplying to shops.

I hope you know that every shop in Uyo sells scone bread.

That is the easiest thing to do and your 1.1m will be more than enough

@ op listen to this man. E make sense with that bread. I tell you, school children especially.

Re: What Business Can I Do With 1.1million by Versitee(op): 9:43am On Oct 25, 2025

Iamsane:
You qualify 😀....e no mean say they will give you nah. You be learner?

Lol. I'm just seeing this post now. What you said was true. Dem no give me oo.

1 Like

Re: What Business Can I Do With 1.1million by Iamsane: 8:29pm On Oct 26, 2025

Versitee:
Lol. I'm just seeing this post now. What you said was true. Dem no give me oo.

No mind those criminals with enterprise. I sincerely hope you are in a better position financially now. May God bless our hustle.

1 2 Reply

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