@uchdollar wrote:
SMEs (Small and medium size enterprises) are the backbone of every economy story on the street has it that SMEs employs 80% of the work force and contributes about 47% to the country's GDP. But Nigerian SMEs are not performing at optimal level as a result of many issues plagueing the country of which the most eminent is lack of finance. It is believed that the Nigerian middle class constitutes about 15% of the over 180 million citizens and if all or most part of the middle class contributes a little amount as soft loans even as little as #10,000 monthly, it will go a long way in financing these businesses and it will also serve as an investment with interest to the lender. So my fellow Radarians can you lend a little part of your monthly salary as soft loans for Nigerian SMEs in order to grow the economy and get us out of recession?
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