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NEEDS A LOAN FOR SEED CAPITAL (kshs.200,000) - ANY OFFERS?
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Kulchaz
#1 Posted : Thursday, October 13, 2011 11:02:18 PM
Rank: Member

Joined: 6/7/2008
Posts: 95
Location: Embu
Hey People I have got this business idea that i want to invest in but my bank is giving me lots of terms and conditions, am a member, because I work for an NGO, ! I have an open ended contract running over five years and a decent salary. I need seed capital of about kshs. 200,000 only payable over a period of one year in equal monthly intalments.Any offers? email me charles(dot)thogo(at)gmaildotcom. serious offers only please.
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Kulchaz
#2 Posted : Thursday, October 13, 2011 11:05:20 PM
Rank: Member

Joined: 6/7/2008
Posts: 95
Location: Embu
No shylocks please. kindly indicate your terms and condition, intrest rates and security requirements.
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Genghis Khan
#3 Posted : Friday, October 14, 2011 7:54:47 AM
Rank: Member

Joined: 8/5/2010
Posts: 335
Location: Nairobi
Kulchaz wrote:
No shylocks please. kindly indicate your terms and condition, intrest rates and security requirements.


Genghis Khan wrote:
No shenanigans please. kindly indicate your terms and condition, intrest rates / profit share and security offering. I'm serious.

"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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  | | Edit by user: Friday, October 14, 2011 7:56 AM | Reason: Not specified
Layman
#4 Posted : Friday, October 14, 2011 8:43:15 AM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
....with a decent salary as you say borrowing 200,000/- sounds ridiculous.
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sparkly
#5 Posted : Friday, October 14, 2011 9:06:09 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
@kulchaz if your bank will not touch you (despite your decent salary) what makes you think an ordinary wazuan will take the risk. You might be more successfull sharing your business plan and inviting partners.
Life is short. Live passionately.
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tony stark
#6 Posted : Friday, October 14, 2011 11:20:31 AM
Rank: Veteran

Joined: 7/8/2008
Posts: 947
A decent salo is something like 250K take home. Why the hell would you be borrowing 200K
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mukiha
#7 Posted : Friday, October 14, 2011 12:09:03 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Kulchaz wrote:
Hey People I have got this business idea that i want to invest in but my bank is giving me lots of terms and conditions, am a member, because I work for an NGO, ! I have an open ended contract running over five years and a decent salary. I need seed capital of about kshs. 200,000 only payable over a period of one year in equal monthly intalments.Any offers? email me charles(dot)thogo(at)gmaildotcom. serious offers only please.


Kulchaz wrote:
No shylocks please. kindly indicate your terms and condition, intrest rates and security requirements.


What is your definition of "SHYLOCK"?

I thought a Shylock was anyone lending money outside the formal market....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mukiha
#8 Posted : Friday, October 14, 2011 12:10:42 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
And what are these "lots of terms and conditions" that your bank has given you?

Doesn't that mean that the bank hasn't said NO?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Tebes
#9 Posted : Friday, October 14, 2011 12:28:27 PM
Rank: Elder

Joined: 11/26/2008
Posts: 2,097
tony stark wrote:
A decent salo is something like 250K take home. Why the hell would you be borrowing 200K



Yeah! Why borrow for seeds yet he could save for like only six months then plant in the next season?d'oh!
"Never regret, if its good, its wonderful. If its bad, its experience."
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hakiyangu
#10 Posted : Friday, October 14, 2011 12:44:02 PM
Rank: Hello

Joined: 10/12/2011
Posts: 6

Yeah! Why borrow for seeds yet he could save for like only six months then plant in the next season?d'oh! [/quote]


Did he really mean he wanted to buy seeds???? Laughing out loudly
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