podium:
Good morning all and happy Sunday... please how much can I use to start up a POS Business....I am a family man with a 10month daughter. Things are not going too well... Meanwhile I bought my phone from eazybuy some years ago and I have been granted access to a loan of 70k payable for 3months. I want to take this 70k loan and start the business... Please advise if it is a good idea... Thanks

I think you can still manage 70k for a start.
You can get money point or some other POS device for 20k.
You can start with a space, get a table and umbrella. Start with the 50k cash for transaction and ensure you put add profit realized to the cash that way, capital will be increased with time.