11/26/08
Small Business
When I started a small business, There are Indian men came to my variety store offering me to make loan from them. it is the same like an unsecured loan , no need of collateral, or any documents needed as long as they see you have already opened and started already the business . It is 2o% interest payable in 30 days. Pay them by installment everyday until it is fully paid on the 30th day.I thank God I have my own capital and not tempted to borrow money from them. . I think if you borrow a capital from them for your business , it is the same like you borrowed a rock and hit to your own head.
7 comments:
i like business, n milarder...oke thnk your info
that is true, they seem to be a great help but once you are in, you are in deep ...
Here we called the "Ah Long" a.k.a. illegal money lender
hahahah, indians business truly rocks..lols..Well its up to anyone to take it or leave it..
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i agree. but still many of our kababayans still borrow money from them because of the easy approval not really knowing how much money is lost.
that's true nay. yan ang tinatawag na five six.
fixe six??? haha
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