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Best Way To Help Someone Struggling Back Home. - Business - Nairaland

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Best Way To Help Someone Struggling Back Home. by ibl0010: 2:41pm On Mar 15, 2015
Hi,

If you are in a position to help someone struggling back home, is it better to assistant with money from time to time to cover every day living nessicity or offer one off capital donation (E.g. 100,000) to start a business with for long term self sufficient. If business route, what would be a good profitable to advice the person to utilise the captain on. The business can be small scale to start with. fish or poultry farming seems like a good business or even washing people cloth for them. Any advice.
Re: Best Way To Help Someone Struggling Back Home. by ibl0010: 3:29pm On Mar 15, 2015
Any input
Re: Best Way To Help Someone Struggling Back Home. by Nobody: 6:18am On Mar 16, 2015
Buy stuff that can easily be sold and send to them to start selling e.g clothing, shoes etc. Let them place the next order from the proceeds. You can continue topping it up until they stabilize.
Re: Best Way To Help Someone Struggling Back Home. by USAutoBuy(m): 6:52am On Mar 16, 2015
What i will advise you to do is that you ask them what they plan on doing. What makes sense to you may not make sense for the other person. And they might be passionate about what you are passionate about.

Then offer to LOAN them the money you want to send them. Let the know its a LOAN but in your mind you know its a gift.

With that, the person won't be coming in case they misuse the funds and your conscience will be clear if you don't do anything for them again.

Otherwise they will turn you into ATM coming back for more money until you cannot afford it.

Good luck

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Re: Best Way To Help Someone Struggling Back Home. by ibl0010: 3:44pm On Mar 16, 2015
USAutoBuy:
What i will advise you to do is that you ask them what they plan on doing. What makes sense to you may not make sense for the other person. And they might be passionate about what you are passionate about.

Then offer to LOAN them the money you want to send them. Let the know its a LOAN but in your mind you know its a gift.

With that, the person won't be coming in case they misuse the funds and your conscience will be clear if you don't do anything for them again.

Otherwise they will turn you into ATM coming back for more money until you cannot afford it.

Good luck
your idea of making it seem like a loan to the person when really a gift is a good one cause the person would think they will pay the cash back and be more motivated.
Re: Best Way To Help Someone Struggling Back Home. by ibl0010: 3:52pm On Mar 16, 2015
1stCitizen:
Buy stuff that can easily be sold and send to them to start selling e.g clothing, shoes etc. Let them place the next order from the proceeds. You can continue topping it up until they stabilize.

Clothing seems like a good idea as now that naija eyes have open to western world where I am they want to wear western gear. But was there not a ban on importing clothing. When you said send cloth to the person do you mean brand new or second hand clothing.

How about if the person sell things like ice block/ pure water as naija is a hot country, find a supplier to them eggs to sall, sell of phone accessories.

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