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Jessi Hemanth

Founder @ Streamstor... • 3m

⚠️Warning to Founders: Do not take a personal loan from online apps or anywhere to develop your Startup. It will trap you in financial stress for years, limiting your freedom to think creatively. We feel like it is worth taking risks at that moment

jeetu soni

Problem solver • 3m

then how to arrange the the money for this

Jessi Hemanth

Founder @ Streamstor... • 3m

Better to start with what you have. even if you take 1 lakh loan from online apps, you have to pay up to 5,000rs emi per month , and in that 5,000 only 1500 will be considered as loan amount. rest 3500/- will be counted as intrest. For the first 10 installments they will collect 70% of amount you paid as intrest. instead of dealing with all of this, you can invest 5,000 in your business monthly. Starting slow is better in my opinion. (these are approximate examples.)

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Hello To All So, here is the explanation of my paln. as you know that indian people's have dream to buy their own dream home, but more people can not purchase home because of "High intrest rates" of banks. For example, Value of one home is 30 lakhs

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Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything

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