Friday, March 22, 2013

HOW TO GET CAPITAL WITHOUT COLLATERAL

As a matter of fact, the subject of finance is very serious most especially in Nigeria where more meant for small and medium enterprises are been kept in the vaults of bank untouched and unused for the purpose they are meant for. It is on this note, I will share three secrets with you to get loan without collateral.
  1. FAMILY AND FRIENDS: It is very easier for family member sand friends to give you 50 naira compare to when you ask for 1000 naira. All you have to do is draw up a list of those people you know can part with little amount of money without any side comments and ask them for little favour.
  2. TRADE YOUR GIFT: Your God given talent is your best way to get loan without collateral. Every person has a divine talent from God. Start to translate that gift to making money. For instance, if you know how to sing, why not sing in churches or birthday parties and collect a token of appreciation.
  3. DAILY CONTRIBUTIONS: This is a process you contribute money on daily basis in care of a trusted person who will in turn give the money back to you on demand. It can be your friend or relative but let it be a person who believes in your vision.
Check back next week Friday for more.