@stach @sussan i like your write up and the financial advise you gave đź‘Ź bravo!
The truth is loan can be a good debt or a bad debt....it all depend on the individual business plan and how to pay back...most individuals create bad plans which make it difficult for them to achieve while some posses good plans which is easily achievable.
I would say when one is taking a loan..he or she should think of the pay back duration (time of payment) and his source of paying back incase plan A doesn't work...they should always be plan B....this is why must debt or loan turn into a bad one. Thank you for creating this post.
I would like to know if their is a platform where one can get loan (up to 50,000naira) here on steemit...I have a good business idea/plan but having financial challenge. Thank you.
Non that I know of
Alriight...thank you