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Discussion about entry: National Small and Medium Scale Enterprises Credit Guarantee Fund

Comentários

Ter, 08/31/2010 - 20:58

This is a great idea, however, I am wondering what type of progress you have made to create or initiate partnerships with the public sector, which seems a key component to your idea.

Do you have backers that have already tested like-ideas? More explanation and background on successful models will give us a better sense of its viability.

Good luck!

Dom, 09/05/2010 - 11:17

Dear Lawrence, I am glad to see that your mind is working more than that of an entrepreneur, this solution is mind blasting for an Sme industry like that of Nigeria.

Bahirah, the truth is entrepreneurs in Nigeria find it very difficult to get backers, financial bakers and supposed private equity investors trust businesses that have true profits and are asset backed, they do not believe in new ideas that have not been bootstrapped but with proven success. that's why the public equities market in Nigeria does well than the private equity market.

Lawrence, don't worry about strategic alliance, you will get backers at the end of the day. I believe you will be at the top 15.

Sincerely, Akan Odu