You read correctly! You can get up to $10,000 loan; just follow me through this piece and I’ll show you how. Honestly, this is the best way to get financial for your business in Nigeria. Although, there are some other sources by which on can acquire loan but this is by far the best of them all. If the bank is your option; I m sorry, because Nigeria banks make it very difficult if not impossible to get a loan for business finance. Aside from the long processes involved; huge interest rate and high collateral are some of their tactics to prevent people from accessing this loan. Anyway, Banks are also another business institute, and money must be made!
It is true that governments alone cannot help small and medium businesses without the help of private bodies. That is another reason why Bitpesa and Bitbond is a miracle. Recently, BitPesa partnered with Bitbond to improve access to finance for SMEs in Africa.
Bitbond, is a company based in Berlin, Germany, connects fixed-income investors with small business owners who need loans. To make global cross-border lending possible, the platform uses the bitcoin blockchain for payment processing.
By working with BitPesa, borrowers who receive funding on Bitbond can now have their loan paid out directly to a mobile money or bank account. BitPesa pays local currency out to the borrower’s preferred payment option within minutes. The integration between Bitbond and BitPesa is now live in Kenya, Nigeria, Uganda and Tanzania. The good thing is that Nigerians are eligible for a loan on Bitbond!
What Do You Need To Get This Loan?
As part of the borrower application on our Bitbond platform you will need to provide the followings:
- Proof of Income: As for your proof of income; Bitbond only accepts current payslip from your employer or your latest available tax assessment. Additionally, Bitbond can also consider accepting your PayPal account as a proof of income, in case you have a proven transactions record.
- Proof of Residency: For your proof of residence; Bitbond only accept scans or pictures of an invoice you have received via postal service as a proof of residence. Please also note that your proof of residence must have been issued within the last three months.
Aside from getting the loan from Bitbond; you can also invest your bitcoin with them for 13% profit (Better than normal banking interest rate). Click here to invest your Bitcoin with Bitbond!
Apply for small business loans on Bitbond today.
I hope this help someone today.