What do you have to offer people in order for them to give you money? Listen, even if you intend to get a loan from the Bank or any of the loan companies, you’d need a collateral. These days, most of your friends wouldn’t give you money unless they are sure of getting something back in return. If you say to your friend, please I need a loan of XYZ and I’d pay back in ABC days, he might say ” oh I wish I had some spare cash to give out, the money I have with me is budgeted for something”. But if you had said, hey bro please give me a loan of CDE and I’d pay back with FGH percent, he’d gladly give you.
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