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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

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

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i want to build an app and website where people could deposit money and they can lend money on small interest to others and borrowers could list their requirements how much do they want and for why.. initially borrower could start with small amounts

Today’s insight: Use other people’s money! 🚀 The rich get richer by leveraging— Banks lend for assets like properties. Landlords buy homes, Airbnbs cash flow. It’s not their money—it’s the bank’s! They profit while others pay the loan. How will you

Finding a full stack developer for building an app for my startup as I'm not a technical guy ...people around hyd are appreciated to join...the person must have good it industry experience..thank u

Can you give the weirdest ideas for the simplest problems? I am looking for a teammate for a ideathon ( It says you must have 3 members cause they think a single person doesn't have enough brain )