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Loan

zoli
zoli Posts: 1 Newbie
Hi
am not sure where to start but this is how the story goes.
Am a 20 year young mature woman and am working though its not much but it does get me some where, so now i have been thinking on having just a small business but to do that i need a loan of r20,000 i have plan on how to use it and if i do get the 20,000 i will be making above 22,000 a month depending on rand and us dollar exchange rate .

Well the question is will the bank loan me coz for now am earning plus -4200 b4 deduction of my rent etc which leave me with 2550.

Any advice wud be appreciated

Comments

  • redpete
    redpete Posts: 4,703 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    This is almost entirely a UK-based site and people are unlikely to know much about the lending market in South Africa.
    loose does not rhyme with choose but lose does and is the word you meant to write.
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    redpete wrote: »
    This is almost entirely a UK-based site and people are unlikely to know much about the lending market in South Africa.


    You speak for yourself Pete - I watched the world cup !


    :)
    Space available for rent
  • dave82_2
    dave82_2 Posts: 1,328 Forumite
    As above I know nothing about the SA lending market but if you can put together a bussiness plan that shows your projected profits of 22k per month with string evidence that this will be the case I am sure someone will want to lend ony 20k to you!
  • BillTrac
    BillTrac Posts: 1,869 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    why does a '20 year young mature woman' feel the need to use text speak?......
  • Dabooka
    Dabooka Posts: 839 Forumite
    So much is lost in translation....
This discussion has been closed.
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