Complete disaster. This write up is very AWESOME. Wondering why these banks don’t know that small businesses can go a long way in helping them but the banking culture in the country doesn’t do small figures.
A fraction of these loans doled out without collaterals can actually build the economy through small businesses.
I run a firm also that makes a couple of millions yearly but I honestly don’t even know my account officer, I guess our firm is too small to have one.
I wish Nigeria good luck.