₦airaland Forum

Ive posted this in the 'investment' section but im posting it here too to get more views and comments.

Economy recession and porverty has made my mum come to the conclusion of obtaining a loan and using our house in agbado area of lagos as a collateral..

Mum doesnt have a job for 2years now and things have been rough, she's not a government worker which makes it hard for her to get a loan from the bank even with the collateral..

So ive decided to help her ask here on nairaland how she could get a loan of 1-1.5million naira to start a profitable business that has to do with food and kerosene sales...

Please anyone should give me options available for her, if theres an organisation or individual who has enough money to loan her, we've heard stories about money lenders who use voodoo and charms on people to make it hard for the borrower to pay back so they can have the collateral, thats why we want to be safe
... the current situation is not helping matters... She's ready to use the house as a collateral to show seriousness..


I need answers asap please.. Thanks

Sorry about your mum. She can get a loan with Renmoney, you can check them up online, its easy with them especially since she has a collateral but you have to be careful so you dont lose the house to the financial institution by defaulting in payment. Another thing is, you can persuade her to loan a smaller amount of money, starting a business on a loan is bad enough, starting with a huge amount is worse still. my two cents. Cheers.

Amatorishero:
Sorry about your mum. She can get a loan with Renmoney, you can check them up online, its easy with them especially since she has a collateral but you have to be careful so you dont lose the house to the financial institution by defaulting in payment. Another thing is, you can persuade her to loan a smaller amount of money, starting a business on a loan is bad enough, starting with a huge amount is worse still. my two cents. Cheers.

Op don't play with this advice..

Amatorishero:
Sorry about your mum. She can get a loan with Renmoney, you can check them up online, its easy with them especially since she has a collateral but you have to be careful so you dont lose the house to the financial institution by defaulting in payment. Another thing is, you can persuade her to loan a smaller amount of money, starting a business on a loan is bad enough, starting with a huge amount is worse still. my two cents. Cheers.

okay thanks, can u pls shed more light on the 'renmoney'

and also, how much do u suggest she start with? Thanks

iamfree25:
Ive posted this in the 'investment' section but im posting it here too to get more views and comments.

Economy recession and porverty has made my mum come to the conclusion of obtaining a loan and using our house in agbado area of lagos as a collateral..

Mum doesnt have a job for 2years now and things have been rough, she's not a government worker which makes it hard for her to get a loan from the bank even with the collateral..

So ive decided to help her ask here on nairaland how she could get a loan of 1-1.5million naira to start a profitable business that has to do with food and kerosene sales...

Please anyone should give me options available for her, if theres an organisation or individual who has enough money to loan her, we've heard stories about money lenders who use voodoo and charms on people to make it hard for the borrower to pay back so they can have the collateral, thats why we want to be safe
... the current situation is not helping matters... She's ready to use the house as a collateral to show seriousness..


I need answers asap please.. Thanks

Dont go for bank loan, dont go for renmoney, their interest rate is not good for a startup business.

your mum need a no interest rate loan from a family member, church, government.

send me a mail to: frankywealth@gmail.com.

put: my mom loan as the subject of the mail