Hey I am on Medialย โขย 7m
We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we will return the principal amount to our relatives. With the interest we earn, we will lend it again to someone else at interest. This way, we will gradually start our small-scale financial business.
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ZeroBizzย โขย 1m
๐กHow Do Banks Really Work? Here's a Simple Visual Guide! ๐ฆ 1๏ธโฃ Banks take deposits from customers at ~4% interest. 2๏ธโฃ They lend that money to borrowers at ~10% interest. ๐ฐ The 6% spread is their profit. ๐ Key Banking Terms You Should Know:
See MoreDeveloperย โขย 2m
Borrow buddy Introducing Borrow Buddy โ the future of peer-to-peer renting. Why buy when you can borrow? Borrow Buddy lets you rent or lend anything โ from gadgets to skills โ easily, safely, and locally. Itโs your all-in-one platform for goods and
See MoreHey I am on Medialย โขย 1y
Hello ๐๐ If Someone has need loan and want at less interest around 8-9% and If someone has money and want to get interest more than 6-7% normally more than Fd so A platform in which we connect two people ,One who want to give money and one who wan
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