Making it easier for small businesses to obtain loans and rate their repayment using ratings will benefit both parties; there is much more to this. We have a viable business model here. We also have a few customers.
0 replies3 likes
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Mr Kumar
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I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines.
Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v
Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021.
This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending.
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Jagan raj
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Golden Nugget for Entrepreneurs
In my POV, loans are ideal for early-stage businesses to build progress before pitching to VC, but remember, loans come with risk:
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Rabbul Hussian
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The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
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Some people blame industrialist, business mans saying they are bad for the country and are government's PAWN.
Take any major economic power in the world, let's take US.
"Country with most billionaires"
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Sourabh Kansal
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[This post has been deleted by the creator]
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Uttkarsh Singh
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A common trend which I have observed in Shark Tank India and US is that entrepreneurs coming in the US Shark Tank are more comfortable with loans but in India entrepreneurs simply deny loans, what can we interpret from this about Indians?
8 replies18 likes
aaquib mahfooz
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i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans.
To mak
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yasin shaik
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why can't we create a reviews company ?. I mean reviews and ratings can be given through Google only with the help of E-mails why can't we give through the mobile numbers. We can see a lot of fake reviews and ratings in present generations.
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Jash Bohare
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Hey everyone.
Idea validation!!!
A RETIRED PROFESSIONALS CONSULTING PLATFORM is a digital marketplace connecting retired experts with businesses seeking specialized expertise. Retired professionals create profiles showcasing their skills and availa