How to start money lending business

With a capital of 1-10 million you can start up this business. in this video i give details on the procedures you go through to set up a successful money lending company. #mobilemoney#agentbanking#moneylending.

[@greygoryhenry1969]

Yes this business s good and very profit if the clients bring your money on time! Thanks bro for your opinion!

[@GyakieMike]

Thanks for the ideas❤

[@user-wr2yi9cr4p]

Hi I like your ideas

[@abitegekajuliet4580]

Am encouraged Jacob am going to start mine this month

[@kendyjoy5638]

Started it some 3 weeks ago and can't complain

[@SpecialJacobvlogs]

Thanks for appreciating

[@Vanessa__Uju]

Hello

[@stephen8619]

Good 👍👍☺️🙂😊😘😽

[@taatikalya5719]

Not this kwakare institution realy finished me😂😂😂😂 thank you am noting

[@mukimbabetty]

Am interested

[@namukwayadaisy2114]

How much money is needed for registration

[@danielchishimba7302]

This is really good,you are amazing

[@SpecialJacobvlogs]

Thanks

[@KuramaUzumaki-mg3sf]

how much do i need to register

[@elbert3987]

Great advice man, but how do you make sure that they will give you back your money?

[@SpecialJacobvlogs]

You have a contract with them and a security

[@elbert3987]

@@SpecialJacobvlogs oh ok good my friend, but do you hold any specific important thing from them to make it obligatory for them to come back?

[@SpecialJacobvlogs]

You hold some thing equivalent to money borrowed. If 500k if they have laptop you hold that if 2m if they have land title you hold that

[@greygoryhenry1969]

And let me ask you! Where are you put the profit of clients when the bring money it's good way to return on clients? Or you should save Profit? And you say don't put a lot of money more than 5m? GREGORY FROM TANZANIA

[@SpecialJacobvlogs]

You can use profits to enlarge your business for example if you have been giving loans a maximum of 1m you can increase loan limit to 1.5m

[@greygoryhenry1969]

@@SpecialJacobvlogs okay Good Sir! And This Business if you have big Capital Very Quickly you get a lot of profits but why this business mostly people say are very Risk And A lot of Profits!? Which Risk of this Business?

[@shabanmusoba4556]

i wish to venture in this direction

[@SpecialJacobvlogs]

It's very profitable shaban

[@shabanmusoba4556]

@@SpecialJacobvlogs yeah! i believe so. what do you think is the minimum capital to begin?

[@SpecialJacobvlogs]

If you have money start with 5m but don't lend over 500k. First start with 10 people and monitor the business

[@FifiRich392]

Botswana

[@bayigamilly691]

Thanks dia

[@SpecialJacobvlogs]

Welcome

[@ayoogie9594]

Thanks for this advice. I have experience in starting the business. Basically for the sake of helping the poor. But no capital yet.

[@daviekariuki5731]

I want

[@jme11]

What intrest rates on average are charged for this business

[@SpecialJacobvlogs]

Majority charge 20%. It's btn 10-20%

[@sammytuga9634]

How much money can I start with this money lending business please???

[@SpecialJacobvlogs]

Any

[@sammytuga9634]

@@SpecialJacobvlogs i See.. thank you boss 😁

[@marywanjiku4330]

😂😂😂😂😂😂 any even a 🪙 coins 😅😅😅😅😅​@@sammytuga9634

[@muhamekeneth9295]

We thank you for your advice but I need ur personal tel number