The Criteria Of Borrowing And Repaying Business Loan As A Guide Towards Economic Development ( A Case Study Of First Banks Of Nigeria Plc Enugu Main Branch

CHAPTER ONE1.0    INTRODUCTIONThe rigorous and strains of borrowing, especially in Nigeria and Africa in general are not doubt enormous.    The fault is not that of the lenders (banks) alone as critics claim that the borrowing public are partly responsible for the frustrations. A large portion of the borrowing public are substantially under-educated (about borrowing with this regard, they approval heir prospective lenders unprepared and largely ignorant of the why’s and what’s of their request.  A substantial number of people who approach banks for loans have no business going to the banks to …