Mitigation officer for the National Investment Bank (NIB) Mr. Eben Nobiga has advised young entrepreneurs’ to avoid using loans to start a new business
According to him business which has no strong stands cannot depend on loans.
Speaking to Ahma Baidoo on Yendwuma, he said when income is not consistent, one cannot be trusted by any bank for a loan.
He advised that, new business ideas should be funded with help only from friends or family and not with banks or savings and loans.
He said it will only mount pressure on such people.
Story by: Ahma Baidoo / Ahotoronline.com
