B.O🤍
26.8K posts

B.O🤍
@sapphire_bee
A god: le décile des nations🌏
Earth Katılım Ekim 2016
523 Takip Edilen504 Takipçiler

This made me remember when I was just in 100L & one degenerate called me to confess my sins to him, especially my sexual sins.
I was too confused at first, I then asked if he was Jesus Christ & that I would also report him to my father.
Well, that was the last day he called me!
Brother Possible@BrotherPossible
These are allegations against a young male minister. I mean, someone who's teens president or so. Say his name is Adefire. Tears. 😰 We should weep. Oh God. This is shameful. For this cause, the Gentiles blaspheme the name of the Lord. I feel pained and very emotional. This is sorrowful. Sisters please, please, be careful.
English


@TmelhehinO You don’t lock out a whole market because one segment defaults. You tier it. Secured first, then extend on proven history. Overdrafts already prove it works. BVN, credit bureaus and GSI already give lenders more recovery power.
The gap is pricing, not character.
English

@sapphire_bee I understand your viewpoint, I just don't think it's a sustainable model in this part of the world. The risk seems to outweigh the pro(although I do not have a data to back this up).
Anyways, nothing is impossible, might be integrated later on.
English

@dipoistall Now those are outrageous rates, a secured LOC should typically be between 5-6% and loans shouldn’t even be exceeding the 20% mark. There’s absolutely no way businesses will thrive with this rates.
English

@sapphire_bee Ooh there’s a lot of such loans and banks give it out. Interest rates are also dependent on the size of the business and the cbn lending rates. As at few years ago, the big corporations couldn’t get loans starting from 18% while retail businesses went as high as 27% p.annum
English

@dipoistall This actually makes sense for businesses, are the interest rates lower for businesses as well?
I’m not sure I’ve heard of anyone that has gotten an offer for one before but it’s good to know there’s a possibility for that.
English

@sapphire_bee It’s mostly for businesses and they are packaged as different Loan types you can draw on and repay. Working capital loan is an example.
Banks at a point also started for individuals but they were tied to salary accounts. Not sure if they still have them.
English

@TmelhehinO But in the same country, we have people who are creditworthy and should have access to as much credit as they can possibly receive, no?
English

@sapphire_bee In a country where people pride about not paying loan apps and airtime loan back?
Lol.
English

@sapphire_bee Have you seen how loan app team use to swear for debtors???
English

I’m soo claustrophobic, I literally have goosebumps and my eyes are shutting just from watching this.
God forbid!!!
Sir Teeman@olateeman
Not like we have a rescue team in place oooooo.
English


