Please I need help
I’m a bsc graduate , finished nysc for months now no job , I need a loan of about 500k to startup a business please, I want to sell bags and shoes if I get the money , I already know my way around the market and I also learnt mini importation, all I need is a shop space In Lagos island or anywhere in Lagos and then start stocking up . I already have an instagram account of over a year with over 5k followers I use for business . I have all the originals of my certificates from birth certificate sec school primary school university nysc everything, I don’t mind agreement with police, lawyer or anything that can be used as collateral, I just need help please please, I’m very hardworking just don’t have the right resources.


This account is anonymous but I don’t mind one on one meeting, I can be reached on motesesmot@gmail.com

Thank you

Go and consult Renmoney for a loan.

They only give registered business of over 2 years and working class

cucumbae:
Go and consult Renmoney for a loan.

Hello sister, borrowing money to start a business is a disaster, you can only borrow money to scale up a business that has a potential to succeed, of course fashion niche is a great business to go with but i tell there are loads of things you need to learn a long the way. there are ways you can start without having any money, dropshipping is one of them, look for people that have what you want to start, partner with the person, advertise on social media, add your own price, sell and make gain, with dropshipping you can start and scale it up, from there you can get the goods yourself....

the above advice will be hard for you to take, but thats the best advice out there

or you can learn digital skills and monitize your skill..,.

business is not what it is on the outside, when you go fully into it, thats when reality will come.

I’ve been dropping for 2 years now and I can tell you that it’s taking evn the money im supposed to use for feeding, I have contacts of over 50 wholesalers in the market and I get pictures of more than 100 goods per day , but people don’t buy because if you get a stuff for 5k and sell evn 5500 nobody will buy they will gosh look for the 5k own , i spend evn my feeding money on subscription instagram ads etc , for almost 2 years now and I can’t even save 5k , even though iv sold items but if I sell an item and make 1000 Naira before I sell another one I wud have used the 1k to subscribe download pictures run sponsored ads etc , I have colleagues that did this dropship business before I started and they told me point blank that i shd source for money so I can stock items and sell myself, because I can’t make any money from dropship , and when it comes to business , I know yes I know it’s not easy , from my dropship experience alone I’ve learnt a lot and for me to come out here to seek for help , I’ve weighed all my options, like I said I already have an instagram account of over 5k followers buyers I have over 4K pictures on the page and I’ve been doing it for almost 2 years , everyday of my life , the truth is there’s little or no money there , I just need help to start my own

Yomiside1:
Hello sister, borrowing money to start a business is a disaster, you can only borrow money to scale up a business that has a potential to succeed, of course fashion niche is a great business to go with but i tell there are loads of things you need to learn a long the way. there are ways you can start without having any money, dropshipping is one of them, look for people that have what you want to start, partner with the person, advertise on social media, add your own price, sell and make gain, with dropshipping you can start and scale it up, from there you can get the goods yourself....

the above advice will be hard for you to take, but thats the best advice out there

or you can learn digital skills and monitize your skill..,.

business is not what it is on the outside, when you go fully into it, thats when reality will come.

Mimivintsonline:
I’ve been dropping for 2 years now and I can tell you that it’s taking evn the money im supposed to use for feeding, I have contacts of over 50 wholesalers in the market and I get pictures of more than 100 goods per day , but people don’t buy because if you get a stuff for 5k and sell evn 5500 nobody will buy they will gosh look for the 5k own , i spend evn my feeding money on subscription instagram ads etc , for almost 2 years now and I can’t even save 5k , even though iv sold items but if I sell an item and make 1000 Naira before I sell another one I wud have used the 1k to subscribe download pictures run sponsored ads etc , I have colleagues that did this dropship business before I started and they told me point blank that i shd source for money so I can stock items and sell myself, because I can’t make any money from dropship , and when it comes to business , I know yes I know it’s not easy , from my dropship experience alone I’ve learnt a lot and for me to come out here to seek for help , I’ve weighed all my options, like I said I already have an instagram account of over 5k followers buyers I have over 4K pictures on the page and I’ve been doing it for almost 2 years , everyday of my life , the truth is there’s little or no money there , I just need help to start my own

Auntie please listen to his advice. Before you take a loan of that size to start a business just be sure you have a land or property somewhere you can sell to repay.


Out of 100 people that take big loans to start business, less than 10 people succeed.

The rest become slaves to the lender and are severely harassed and some even commit suicide.

That's why if you must borrow for business keep it very very light. Nothing above 50k. At least if it fails friends and family will rally round to save you if the lender locks you up.

Start from little and grow big. Anyone that can't grow a business with 50k will most likely never be able to grow one with 500k or even a million.

Mark my words!!! Experience is the best teacher.

If friends, families and associates, that know you, cannot entrust you with 500K loan....

You expect a total stranger off nairaland to?....

Thank you

GraGra247:



Auntie please listen to his advice. Before you take a loan of that size to start a business just be sure you have a land or property somewhere you can sell to repay.


Out of 100 people that take big loans to start business, less than 10 people succeed.

The rest become slaves to the lender and are severely harassed and some even commit suicide.

That's why if you must borrow for business keep it very very light. Nothing above 50k. At least if it fails friends and family will rally round to save you if the lender locks you up.

Start from little and grow big. Anyone that can't grow a business with 50k will most likely never be able to grow one with 500k or even a million.

Mark my words!!! Experience is the best teacher.

If I had any family or friends that can have that kind of money I won’t even come online

Lexusgs430:
If friends, families and associates, that know you, cannot entrust you with 500K loan....

You expect a total stranger off nairaland to?....

What's your instagram handle for your business ?

Message me on whatsapp lets discuss more on this business.

0.7.0.8.8.3.1.3.4.4.9

500k,including shop rent on the island?how feasible is that

I love your zeal and persistent sis but I'm not comfortable with the idea of borrowing to rent a shop.

Thanks everyone, I already got help from someone thank you

Please I need a room selfcon in Ajah
My budget is 200k
If you have any or know of any pls quote me pls