Have you ever thought of starting a micro finance?

[Stardom22]

Most Banks in my country have been found through the starting of the micro finances and upgraded with time to fully banks.
What do you think about that business idea?

 

[Niyi Briggs]

This business requires lots of energy and I don't think it is something that I have. It is a very good business for people that can do it properly. But chasing loan defaulters around is not what I can do.

 

[nomad]

I have frequently though about starting a micro finance, I even wrote a preamble for the company I was proposing but I never went too far.

 

[Fidelia]

Even if I get excess funding, I can never start a business of running a microfinance bank. It is too risky and stressful in a system like my country's with poor debts responsibility.

 

[cherry123]

I don't have the money to start micro finance. This business needs one having a good capital to start and run

 

[Stardom22]

ln my country there are many micro finances and they all seem to be making profits and nourishing

 

[Starmix]

It is not on my mind doing it even of I have money. It seems a risky thing. I want a cool life.

 

[Ratine]

The micro finances is a very great business for that matter. However it's very capital intensive.

 

[Bisolami]

I love finances a lot and I am very good at keeping money for other people but I have never thought about this. It is not something I’d love to do

 

[King Belieal]

It is true that most banks started from successfully running as micro finance banks. But unfortunately, I can't start one because I don't like any business that is based on financial services.

 

[Bisolami]

It is true that most banks started from successfully running as micro finance banks. But unfortunately, I can't start one because I don't like any business that is based on financial services.

And I don’t think I will be able to handle this business. Well, I can handle funds but not when it is too huge. I’d begin to get scared

 

[Stardom22]

I think that the microfinance business would require very intensive amount of capital to start and manage.

 

[Shavkat]

I am open to this idea, but not now. I need more time how to handle and operate it.

 

[Ratine]

I had really thought about that unfortunately l don't have such gurts to do so for now.

 

[IB D]

Micro Finance banks are financial sector businesses that I don't really think that I can handle. They are always too technical for me.

 

[Stardom22]

The micro finance business is a very capital intensive kind of hustles so to speak.

 

[eldavis]

I have never thought about this before, because I don't even have the necessary resources to create one.

 

[King Belieal]

I can't even think of even managing a microfinance, talk more of owning one. Even if I am gifted, I don't want.

 

[Kera]

The business works quite well in my location but it requires good money to start it up.

 

[Stardom22]

I can sense that the economy as at now in my country is at steak. Starting that kind of business is likely to be a suicide.