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Business, high quality, Money, Success, Uncategorized

Small Businesses in Nigeria: A Story of Transformation

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April 7, 2025

- Business, high quality, Money, Success, Uncategorized

Step into any Nigerian market today, and you’ll see a well-oiled system of trade in action. The vegetable sellers expertly stack fresh tomatoes in pyramids, the yam traders cut open tubers to prove they are the real deal, and the butchers call out to customers, promising the juiciest cuts. Nearby, shop owners display imported fabrics, beauty products, and the latest fashion trends, while digital-savvy vendors take orders online and send out deliveries.

Business in Nigeria looks structured, exciting, and even glamorous. Buyers can negotiate prices, compare quality, and pay instantly—whether in cash, transfer, or with a simple tap on a POS machine. Trade is smooth, organized, and highly competitive.

But hold on… rewind.

It wasn’t always like this. There was a time when business meant trading yams for fish, carrying baskets of farm produce on foot for miles, and relying purely on word-of-mouth marketing. No digital payments, no storefronts, no fancy business names, or privileges for business loans.

Now, let’s take a trip back in time to see how Nigerian small businesses evolved.

Before Money, There Was the Hustle

Close your eyes and imagine this, well, leave one eye open so you can keep reading…

You’re a farmer in the village decades ago. You grow yams for your family’s consumption, but of course, you can’t just boil yams and start chewing on them; your family would need palm oil. There’s no market where you can simply buy it, so you set off looking for a trader who has palm oil and is willing to swap. But the thing here is, they don’t want yams, they need salt instead. Now you’re running around, trying to find someone who will take your yams so you can finally get the palm oil you need. Sounds pretty interesting, right? Well, it may not have been so interesting to them back then.

You can open them now…

This was the reality of trade by barter, the earliest form of business in Nigeria. It was exhausting, inconvenient, and frankly, very inefficient.

Money came into play starting with cowries, then moved on to metal coins, and eventually, the naira, which made trade much smoother. People could now sell goods for money and use that money to buy what they needed, no more complicated swapping missions.

With money in play, markets started expanding. Instead of just farming to survive (subsistence farming), people grew extra crops, made crafts, and raised livestock specifically to sell. These were the first real Nigerian businesses.

Colonial Influence and Business Expansion

When European traders arrived, they introduced a new business model—large-scale trade and exports. Nigerian traders began dealing in palm oil, cocoa, groundnuts, and textiles, selling goods beyond their immediate communities.

Colonial rule also brought banks, structured business practices, and formal education, allowing Nigerians to expand their trading skills. Soon, people moved from market stalls to proper storefronts and from local traders to nationwide suppliers.

The Government Steps In (Sort Of…)

After Nigeria gained independence in 1960, small businesses gained recognition as the backbone of the economy. The government introduced initiatives to support them, such as:

  • The Nigerian Industrial Development Bank (NIDB) in 1964 to help fund businesses.
  • The Indigenization Decree of 1972, which encouraged Nigerians to take control of local businesses.
  • Various loan schemes aimed at helping entrepreneurs grow.

Despite the government’s intervention, access to funding remained a challenge, and many businesses struggled with high costs, limited resources, and economic instability.

Then Came the Digital Revolution

Fast forward to today, and small businesses in Nigeria look nothing like they used to. Markets are still thriving, but now, many vendors also sell online.

With the rise of fintech, mobile banking, and e-commerce, business is no longer just about physical presence.

Why Small Businesses Matter More Than Ever

Small businesses are the backbone of Nigeria’s economy. They:

  • Provide jobs for millions of people
  • Keep money flowing in local communities
  • Drive economic growth, contributing nearly 50% to Nigeria’s GDP
  • Support families, educate children, and shape futures

Small businesses aren’t just important; they’re essential. And at Market Monie, we don’t take that lightly. We know the real impact you make every day, and we’re here to make sure you’re not doing it alone.

How Market Monie Keeps Small Businesses Thriving

Nigerian small businesses have adapted, innovated, and thrived over time. They are the foundation of our economy, and we believe that they deserve the right support to keep moving forward. Market Monie is here to empower small businesses by providing accessible, flexible loans to small business owners. There is no unnecessary stress, and no impossible requirements at all.

So, are you a small business owner looking for financial support? Market Monie is ready to help. Call us now at (+234) 913-6000-833, let’s build the future together.

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Business, high quality, Money, Success, Uncategorized

What No One Tells You About Growing a Business in Nigeria

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March 31, 2025

- Business, high quality, Money, Success, Uncategorized

Oh, the sweet excitement of starting a business in Nigeria! You find yourself gazing at your room ceiling, reminiscing about all the beautiful, high-quality clothes you’ve just ordered in bulk to stock your stunning shop. You can still hear the inspiring story of the renowned businesswoman from your church, recounting how she got a six-figure profit in just one week. The excitement about your new business is through the roof!

But nobody tells you that sometimes business is like frying puff-puff for the first time—you mix the batter with confidence, scoop it into the hot oil, only to watch some sink, some scatter, and the rest come out looking like the map of Africa. Just when you think you’ve gotten the hang of it, the oil starts popping, and you realize you didn’t prepare for the unexpected heat.

The truth is, starting a business in Nigeria is one thing, but growing it is another story entirely. Let’s talk about what no one warns you about—and what you can do differently.

1. The Market Has No Pity

The market is not your friend. In fact, it doesn’t even know you. When you first arrive, you’ll be full of excitement, believing that because your product is top quality, everyone will rush to buy it. E go shock you.

Customers will price your goods as if they’re pricing groundnut “Madam, last price?” you say ₦5,000. They say ₦1,200, and they will still ask for “jara.”

What no one tells you is that selling isn’t just about having the best goods, products or service; it’s about understanding your customers. Why should they buy from you instead of your competitors just three stalls away from yours? Are you offering better service, better packaging, or even a simple smile that makes them feel special? Your business needs strategy.

2. There’s a Bill for Everything

When you were daydreaming about running a business, did you include the cost of fueling a generator every single day or paying electricity bill? No? Welcome to reality.

You thought the only bill you’d be paying was rent? LOL. There is also government levy, association dues, unexpected repairs, and the classic “Oga/Madame, we need to settle boys.”

To survive, you must plan for the unseen expenses. Have a financial cushion because, in Nigeria, surprises are a normal part of business.

3. Pay Yourself, Pay Your Business: Why Profit and Cash Flow Are Not the Same

One of the biggest mistakes business owners make is assuming that all the money their business generates belongs to them. You made ₦500,000 in sales this month? Great! But before you start flexing, ask yourself—have you paid yourself a salary? Have you set aside money for restocking, delivery costs, and other operational expenses?

Many businesses don’t fail because they aren’t making money—they fail because the money isn’t properly allocated. Structure your business in a way that ensures you get paid as the owner while also covering the costs of running the business.

4. Slow and Steady Wins the Race

We love the idea of blowing overnight, but let’s be honest—most of those “overnight successes” were years in the making, you can call that the Compound Effect.You see a big business today and think, “Wow! They’re making millions!” but you don’t see the years of struggle, failed ideas, and small wins that led them there.

Instead of chasing overnight success, focus on steady growth. Build trust with your customers, deliver quality consistently, and reinvest in your business.

5. Who You Know Matters—A Lot

Forget “I can do it alone.” In Nigeria, connections and relationships will open doors that hard work alone cannot. That’s not to say you shouldn’t work hard, but if nobody knows you exist, who will support your business? Yes, good answer—Nobody.

Network, talk to people, and build relationships. That one person you meet today might be the one to introduce you to a big supplier, an investor, or a customer that changes your business forever.

6. Loans Are Not Your Enemy—If You Use Them Well

Ah, loans! The thing most small business owners fear more than bad market. “I don’t want to owe anybody.” Oya bring your ear let me tell you something, do you know that a well-managed loan can be the difference between struggling and expanding.

If you take a loan, use it for something that will grow your business, not for flex. If it’s for restocking, buying better equipment, or increasing production, then it’s an investment. If it’s for throwing an end-of-year party, you are on your own o.

So, What’s the Secret?

Nobody has all the answers, but here’s what will set you apart:

            •          Understand your market. What do your customers want, and how can you serve them better?

            •          Manage your money wisely. Profit is good, but cash flow is king.

            •          Build a network. Business is easier when the right people know and trust you.

            •          Take smart risks. Growth comes from stepping out of your comfort zone.

            •          Use financial support wisely. A well-timed loan from Market Monie will definitely take your business to the next level.

Business in Nigeria is tough, no doubt. But with the right mindset, you won’t just survive—you’ll thrive. Now go out there and make that money! Call   Market Monie at (+234) 913-6000-833 for the right financial support.

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Think Like a Boss, Act Like a Hustler

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March 24, 2025

- Business, high quality, Money, Success, Uncategorized

Let’s start with a not-so-fun fact (this depends on how you choose to view it though): Hustling alone won’t make you rich. Some people already know this, so they’re good, but if you don’t know it yet, do not try to stone us, hear us out first.

So, yeah, hustling ALONE will not make you rich but you know what the real game-changer is? Moving like a hustler while thinking like a boss. A hustler sees opportunities and chases them down; A boss builds systems so opportunities come to them. A hustler grinds for money; A boss makes money work for them. But the secret? You need both. You need the two mindsets; a boss who sees the big picture and makes calculated decisions accordingly, and a hustler who stays adaptable, and ready to do whatever it takes.

Even if funds want to stand in the way of your boss moves, Market Monie’s business loans come in and saves the day, becoming a power move. They give you the fuel to: expand without waiting for profits to stack up, invest wisely instead of just grinding endlessly, and scale like a boss while keeping that hustler’s hunger.

We are not saying you should choose between grit and growth, no, they are not pros and cons of each other; we are telling you to master both. It is not as hard as it might seem or sound, so, let’s highlight some of the moves you need to take to master the two:

The Hustler’s Fire

Remember how we said the hustling spirit is not a disadvantage, here is reiterating that it is a huge advantage in fact; every success story starts with “hustle”—the sleepless nights, the risks, and the refusal to quit. Hustlers don’t wait for perfect conditions; they create their luck by putting in the work, so how do you intend to succeed in business if you do not have this? Two main things show the hustler’s fire:

  • Making Bold Moves: A hustler wants what they want no matter what, so they can take risks to get it, of course, these risks are expected to be well-calculated; making rash decisions does not make you a hustler, it makes you reckless. Even when taking business loans, the hustler’s spirit shines through when you see what they invest in like expansion and marketing. Also, a hustler does not believe in stopping because they failed, it is just a setback and you should see it just as that, even more fuel to bolster your success.
  • Remaining Adaptable: Markets are always changing and to succeed as an entrepreneur, you should be adaptable. You have to be able to change with the tides and pivot in the right direction when the market changes.

Now that you know how the hustler acts, shall we get into the thought process of the boss? Yes, we shall!

The Boss’ Strategy

Talking about being a boss here does not only mean barking orders at your employees and doing whatever you like, no it is not; we are talking to you about building. Thinking like a boss is beyond working in your business, it is also working ON it.

  • Systems, beyond Sales: Making sales is one of the main goals of any business, but as a boss, you have to also focus on building a system that works even without you. Rather than always chasing deals, a boss builds a good system (e.g. a brand that can become a franchise) that attracts deals and gets people to look for the business rather than the other way around. To build these systems, you might not need to do much more hard work, you just need to think smarter and become a pro at delegating.

The boss in you also knows that if it seems like you don’t have enough to build such systems, Market Monie is there to the rescue to offer you a variety of business loans.

  • Creating Wealth: Simply earning money? Nah, that is not the way of a boss; by now you should have realized that we are telling you that as a boss, you cannot be satisfied with the bare minimum, no, it is not enough. It is a joyful thing when your business breaks even and starts to make profits that you can spend but as a boss, you have to think beyond the present, plan for the future, invest, and reinvest; by doing this, you are not just earning a living and moving from check to check but also accumulating wealth for the future.

The Merge

The goal here is to find the balance; So, as you hustle for opportunities for your business, boss up to sustain them, and as you grind to build momentum, scale it with strategy and smart financing. You may start the race as only a hustler, it is time to boss up and hedge forward; the real thing is knowing when to apply the hustling fire and when to strategize.

Work hard, work smart, and if the funds get tight, call MarketMonie.

For additional information on elevating your business, contact us at (+234) 913-6000-833 or email info@marketmonie.com.

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Are You Running, Jumping, or Stuck?

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March 24, 2025

- Business, high quality, Money, Success, Uncategorized

If business were a track event, some people would be sprinters, dashing toward their business goals with precision. Some would be jumpers, leaping over obstacles with energy and risk. And then… there are those who are just standing there, watching others move, pressing their calculator, analyzing, overthinking, and doing absolutely nothing.

Sounds familiar right?

Running means speed and strategy. Jumping is all about timing and confidence. Being stuck? That one is like standing at a bus stop but refusing to enter a bus because you’re waiting for an air-conditioned chariot that is never coming. In business, these three categories define how entrepreneurs handle money—especially running capital. And let’s be honest, if your money isn’t running, neither is your business.

So, which one are you? Let’s find out.

The Runners: They Understand the Money Marathon

Running in business is not about sprinting recklessly; it’s about pacing yourself. These people understand that money is like a relay baton—if you don’t pass it forward (reinvest), your business will slow down.

They know that cash flow is the hinge that holds the door of business together. They reinvest, restock, and rotate their funds wisely. They don’t keep all their profit under their mattress or use it to buy chilled coke; they rather put it back into the business, buy more stock, and increase their profit.

Runners don’t wait for luck; they plan, they strategize, and they move. And when they need extra fuel, they know where to find it—Market Monie.

The Jumpers: High Energy, High Risk, High Reward

Jumpers are those hustlers who don’t wait for perfect conditions—they create them. They believe in the philosophy of “If money no dey, we go find am.”

They see an opportunity, they take a loan, they expand, they experiment. Sometimes, they land on their feet like a pro athlete. Other times, they miscalculate and end up in a financial gutter, but they dust themselves off and try again.

Bilal’s story is a classic example. When a fire incident nearly shut down his business, he had every reason to give up. But instead, he leveraged Market Monie’s support, got back on his feet, and now he’s not just jumping; he’s running. Today, his bags of garri and beans are in high demand across town.

Jumpers make bold money moves, and the smart ones know when to land safely. With Market Monie, landing well is easier.

The Stuck Ones: Pressing Calculator, No Action

Now, these ones. Their business is like a car with a driver but no fuel—plenty of potential, no movement. They talk about expansion, they dream about growth, but when it’s time to act, they start doing mathematics that nobody asked for.

They fear spending money, so they calculate every single penny they want to spend. They fear taking loans, so they remain small. They fear reinvesting, so their business stays in the same spot, like a tailor that refuses to upgrade from a  manual sewing machine to electric. Stuck people are their own biggest obstacles.

So, Where Do You Stand?

Running, jumping, or stuck—whatever stage you’re in, one thing is clear: movement is key. Money should be running in your business, not standing still like an extra in a Nollywood movie.

If you’re running, keep strategizing.

If you’re jumping, make sure you land well.

If you’re stuck, my dear, it’s time to stop pressing that calculator, calculating will not solve anything, instead, start making moves. A subtle reminder; Stuck people can never stock up their market.

Market Monie is committed to supporting business owners like you, with accessing the right financial solutions to advance your goals. Our focus is on delivering hassle-free and meaningful support. Call us at (+234) 913-6000-833 to get started.

So, what is it going to be—do you want to run, jump, or stay stuck?

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Hustle to Legacy: Building Beyond the Present

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March 17, 2025

- Business, high quality, Success, Uncategorized

So, you have decided to start a business—that is great news! Even if yours is an existing business, it is still great news, and we love it for you, but we also hope you get the memo about the hustle. Beyond the glamor, pride, and confidence that comes with saying, “I run my business,” it also entails all-nighters, bold risks, and an unending passion for what you do. We have to tell you—it is not for the weak. But when you push through the chaos and keep at it, the rewards can be nothing short of extraordinary.

Now, as a business owner, you are constantly chasing opportunities, trying to sustain your business and keep it running. But beyond the hustle, what do you truly have for your business? Are you playing only for the moment, or are you playing for the future? In a few years, do you still want to be caught in the same cycle of working just to survive? If your only goal is to make money, that is understandable, but if you want to do something bigger—something that will outlive you, something that will make an impact beyond your time—a legacy, then it’s time to think and act differently.

The Mindset Shift

Let’s start with the thinking part. Taking your hustle to the next level requires a complete mindset shift. Instead of focusing only on making quick sales and immediate profits, your vision should extend to long-term sustainability, scalability, and generational impact. Yes, the daily wins matter, but what happens when you can no longer run your business the same way?

Think about scaling your business to last, investing in assets that appreciate over time, and building systems and structures that can function even in your absence. It is time to shift from a survival mode mentality to a legacy-building mindset. And before you say, “But what am I supposed to eat while I build all this?”, understand that hustling and legacy-building are not mutually exclusive. The hustle keeps you going, but legacy-building creates long-term wealth that lasts beyond your lifetime.

Of course, talk is cheap. The difference between a dreamer and a doer is the action they take. So, let’s talk about practical steps you can implement today to start moving from hustle to legacy.

1. Automate and Delegate

If you truly want to build something that lasts, you cannot do everything yourself. Let that sink in. You are the visionary, and spending all your time on the daily grind of customer service, inventory checks, and basic accounting will only limit your growth.

Step back and see the bigger picture. Document your processes, identify what needs to be done, and develop strategies to scale. Then, leverage technology and delegation. There are countless apps and software today that can handle your bookkeeping, automate transactions, and streamline operations—giving you more time to strategize and expand.

But if you prefer the human touch, that works too! Hire skilled staff who understand your business and pay attention to details just as you would. Build a strong team and trust them to run aspects of the business efficiently. When you empower your people and allow them to take ownership, your business begins to grow beyond you.

Yes, automation and hiring cost money, and that is often the biggest excuse holding business owners back. But that is exactly why MarketMonie exists—to offer business loans tailored to your needs so that you can transition from a one-person hustle to a structured enterprise.

2. Establish Passive Income Streams

We’ve all heard people say, “You need passive income.” But how can your business create passive income for you?

One of the best ways is by introducing subscription-based products or services. Instead of relying solely on daily sales, develop offerings that customers pay for on a weekly, monthly, or annual basis. This creates a steady flow of revenue even when sales slow down.

Another method is investing your profits wisely. Even if you expand using business loans, ensure that as you repay, you also channel a portion of your profits into acquiring income-generating assets. That could mean investing in real estate, acquiring shares, or reinvesting in high-yield ventures that generate money for you without requiring daily involvement.

Additionally, business partnerships and investments can be powerful. Explore industries that align with your expertise but do not require your active participation. By diversifying and creating multiple streams of income, you reduce risk and ensure financial security for yourself and future generations.

3. Protect and Build Your Brand

A business that stands the test of time is one that has built a strong and recognizable brand. The biggest companies in the world today—whether they sell products, services, or technology—have one thing in common: A solid reputation and a brand people trust.

How do you build this for your business?

  • Consistency: From your customer service to product quality, maintain a high standard that customers can rely on.
  • Storytelling: People connect with brands that have a compelling story. Share your journey, values, and impact.
  • Community Engagement: Create a loyal following by engaging with your audience—both online and offline.
  • Legal Protection: Register your business, trademark your brand, and put legal structures in place to protect your assets.

A legacy is not just about making money—it is about building something that continues to thrive even when you step away.

4. Transition from Self-Employment to Entrepreneurship

Many people think they own a business when they are really just self-employed. If your business cannot function without you, then you have a job, not a company. True entrepreneurship is about building something that operates independently of your daily involvement.

To transition into a true business owner:

  • Create processes and systems that allow the business to run without you.
  • Hire the right people and train them well.
  • Develop a long-term strategy that ensures sustainability and growth.
Hustle with Purpose

Hustle is the foundation of any successful business, but legacy is the ultimate goal. It is about creating long-term impact and generational wealth—so that your children and grandchildren can tell the story of how their father or mother’s empire started from a small shop in a corner of the market.

Yes, it requires hard work, smart decisions, and strategic investments. But the best part? You don’t have to do it alone.

Let MarketMonie help you make the transition from hustle to legacy. Call (+234) 913 – 6000 – 833 or email info@marketmonie.com today!

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Business, high quality, Success, Uncategorized

The Untold Stories of Local Business Giants

By on

March 17, 2025

- Business, high quality, Success, Uncategorized

When you think of a giant, you might picture a corporate mogul or a flashy brand. But in our communities, giants come in many forms—they are the small business owners whose everyday efforts keep us going. Their strength lies not in grand gestures but in the simple acts of service that have saved and improved countless lives.

Small businesses are the backbone of our local economy. They’re not just about selling products or services but about being there when you need them most. Think of the neighborhood pharmacy that stays open late to ensure you have access to life-saving medicine when emergencies strike, or the local mechanic who fixes your car in time to get you safely to an important appointment. These small acts have, more often than not, saved people from dire consequences.

There are many areas where small businesses have made a significant impact:

  •  Health and Emergency Services: A local pharmacy or clinic can be the difference between a health crisis and a quick recovery. In moments when every second counts, these businesses provide crucial care and medicine.

• Transportation and Safety: When a vehicle breaks down on a busy road, it’s often the neighborhood mechanic or repair shop that gets you back on track. Their prompt service can prevent accidents and keep communities moving.

•  Food Security: Local grocers and food vendors ensure that fresh produce and daily meals are available to everyone—even in times of shortage or economic hardship. Their constant presence helps prevent hunger and supports community well-being.

 •  Community Support: Beyond goods and services, these businesses offer a human connection. Whether it’s a friendly chat at the local café or advice from a long-time trader, these interactions provide comfort and guidance in times of uncertainty.

For example, the story of Bilal whose business was nearly wiped out by a fire. Instead of calling it quits, he saw the disaster as a chance to rebuild, emerging stronger than before. Then there’s the story of Esther, who started her journey under a humble umbrella, slowly growing her modest setup into a thriving shop inside the market. These are not isolated incidents; they are everyday examples of how small businesses turn challenges into opportunities and, in doing so, save lives and nurture communities.

Their stories show us that success isn’t just about profits—it’s about resilience, care, and the relentless drive to serve others. Every setback they overcome and every customer they help is a reminder that even the smallest business can have a giant impact.

At Market Monie, we understand the struggles and triumphs of these local entrepreneurs. We’re here to offer the support and guidance they need to keep their dreams alive, to rebuild after setbacks, and to continue making a difference every day.

Market Monie is ready to help you write your own success story. Whether you need a loan to restock, expand, or bounce back from a challenge, we’re here for you. Call us today at (+234) 913-6000-833 to start building your future.

Remember, being a giant isn’t about how you start—it’s about how you rise. Let’s turn every challenge into an opportunity and every setback into a setup for something great.

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Credit, Capital, and Courage: The Hustler’s Mindset for Success

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March 10, 2025

- high quality, Success, Uncategorized

You see that grass to grace story? The one where someone starts from nothing, hustles their way up, and ends up giving TED Talks about how to “never give up”? E sweet die! Everybody loves a good perspire to acquire story. And if you ask many small business owners, they’re all waiting for their own turn to blow.

You go hear things like:

“It’s all in the mind, o! If you want to climb Mount Everest, just see it in your mind first!”

But let’s be honest—are they wrong?

For a real hustler trying to get their business and dreams off the ground, mindset na everything. You don hear am before—”All things are created twice, first in the mind.” That’s the truth! A success mindset puts things in perspective and makes sure you don’t just roll over and accept “na so life be.”

But abeg, mindset alone no go carry you anywhere. E no go put food for table, e no go pay rent, and e no go make customer drop money for your business. If you really wan hammer, you need three things:

  • Credit – Your financial reputation, your “who sabi you?” in the money world.
  • Capital – The fuel that keeps your business running and growing.
  • Courage – The thing that makes you take risks, push through wahala, and keep grinding even when e choke.

If you get these three things, you go different from those wey just dey hustle without direction. Oya, let’s break them down!

Credit – Your Financial Street Credibility

No be “borrow pose” we dey talk about here. This credit wey we mean na your financial reputation. It’s what tells lenders, investors, and suppliers whether they can trust you. Many entrepreneurs no send credit history until one day dem go need urgent loan, and banks go dey form “who you be?”

If you never hear am before, hear am now—your creditworthiness na your financial reputation. The same way you build your name as a trustworthy person, na so you build your financial trust. If your credit history clean, borrowing money go be like taking chilled pure water, but if e dirty? My dear, pele o!

Having good credit means:

✅ Access to bigger loans and better terms.
✅ Lower interest rates (because lenders no go dey fear to give you money).
✅ More business opportunities (because you sabi manage your financial life).

A lot of business owners ignore this part until they need urgent money, then wahala go start. They will now start asking, “Abeg, e get who fit guarantee me for small loan?” But if you build your credit reputation early, you no go ever stress.

Na small but mighty tip: Separate your personal and business credit! Many business owners mix them up, and before they know it, their personal account don join the hustle. Don’t make that mistake! Also, always pay your loans on time unless you wan turn to customer wey bank dey pursue like loan defaulter.

Capital – The Money to Make Money

Ehn ehn, so you get the best business idea wey go shake the world? Awwwwwn, so sweet! But my dear, without capital, na “God when?” you go dey shout.

Capital na the fuel wey go keep your business moving. No matter how great your idea be, if money no dey, the dream fit just remain for your mind like unfulfilled New Year resolution.

Where you fit get capital?

💰 Your savings – If you’ve been smart with money, this fit be your first go-to.
💰 Side hustles – Use one hustle fund another.
💰 Business loans – No stress, MarketMonie dey for you to help you secure funding without all those unnecessary bank wahala.

And let’s not lie—everybody for this Naija get one or two money wahala. Business owners know say nothing dey pain like opportunity wey show but you no fit grab am because capital no dey.

That’s why smart hustlers dey look for alternative sources of funding instead of waiting till their account balance dey sing “zero alert.” MarketMonie dey offer business loans for small business owners, making sure you no go hear “no money, no business.”

But listen well: No go misuse your capital! Some people go get business loan today, next week dem don buy latest iPhone. Business never stand, you don dey chop profits wey never even come. That one na premium self-sabotage!

If you handle your capital well, e go handle you back with steady profits.

Courage – The Real Big Boy Energy

Forget credit, forget capital—without courage, nothing dey move! You fit get all the money in the world, but if fear hold you down, your business go just dey like generator wey dem never on.

Every entrepreneur go reach one point where dem must take risks—no be if, na when. And risk na risk, no matter how small. If e go well, we move! If e no go well, we go again!

Big businesses today? Dem don fail before. The difference? Courage to try again.

You fit hear things like:

🔹 “Market bad o, make I just wait small before I expand.”
🔹 “I don try once, e no work, make I no stress myself again.”
🔹 “What if customers no go like my product?”

My dear, fear na dream killer. If you no take that bold step, somebody else go do am before you, and you go dey regret. Every big business wey you see today—whether na Dangote, Jumia, Konga, or GTBank—all of them take risks to grow.

Na why dem say, “Hustlers no dey gree for anybody.” If setback show, na comeback dem dey plan. If opportunity show, na to grab am sharp sharp. Hustlers sabi say even when money no dey, MarketMonie still dey to support them.

So the question is, do you have the hustler’s mindset?

📞 Call: (+234) 913 – 6000 – 833
📧 Email: info@marketmonie.com

Make we move your hustle to the next level!

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Financing the Grind: How Business Loans Fuel Your Hustle

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March 3, 2025

- Business, high quality, Success, Uncategorized

In this life, if you no sabi hustle, na you go last for queue. Every serious business owner knows that carrying your hustle on your head is not optional—it’s survival 101. You must let the whole world know about your business, whether they ask you or not. But let’s be honest, noise alone no dey do am. You need capital to turn all that talk into action.

No matter where you dey for your business journey—whether na startup levels, expansion mode, or just managing cash flow—having access to the right financing is the game-changer that will make your hustle blow.

At Market Monie, we don’t just give loans; we provide the financial firepower to scale, seize opportunities, and push your grind to the next level. But wait first, before you rush take loan, ask yourself some key questions:

✅ Why do I need this money? Is it to expand, buy equipment, or sort running costs?
✅ How urgent is the money? Some loans process faster than others. No be all money dey rush come.
✅ Can I handle the repayment terms? Because, my brother, my sister, loan no be awoof. Plan your repayment well.
✅ Will this loan help me grow? If the money no go increase revenue or improve efficiency, e fit be bad investment.

Now, let’s break down the different kinds of loans wey fit ginger your hustle:

1) Working Capital Loans – The Hustler’s Lifeline

Some months, business go boom. Other months, e go be like say your customers relocate. Working capital loans help you sort everyday expenses like rent, payroll, and inventory, so you no go run down when sales slow down.

Imagine say you dey sell provisions, and rainy season don come. People no too dey waka go buy things like before. Your stock dey, but customers no too dey rush. Bills no go wait for you. This is where a working capital loan can help—so you fit hold body until business balance again.

🔹 Best for: Cash flow gaps, short-term expenses, daily operations.
💡 Hustler’s tip: This money no be for flexing o! It’s for short-term use, so plan your repayment before borrowing.

2) Expansion Loans – The Boss Move

When your business don dey blow and you need to scale, you need real money. Expansion loans help you hire more staff, stock up inventory, or open new locations—without running your pockets dry.

Let’s say you dey run a food joint, and customers dey line up every day because your food too sweet. You wan add more seats or open another branch, but money no dey reach. An expansion loan go help you upgrade without stress, so your business fit level up.

🔹 Best for: Expanding to new locations, hiring & training staff, marketing & branding.
💡 Hustler’s tip: No do guesswork! Make sure your expansion plans dey backed by solid market research.

3) Microloans – Small but Mighty

These are the “small girl, big God” loans. They may be small, but they pack a punch! Perfect for small businesses or new entrepreneurs who need a little boost without the stress of big bank loans.

Take for example Mama Chichi wey dey sell akara. She wan add bread and pap to her hustle, but she no get the small extra money to stock up. Instead of waiting, she fit take a microloan, buy more ingredients, and expand her menu. Before you know, she don get more customers and increase daily profit.

🔹 Best for: First-time business owners, small-scale funding, minor expansions.
💡 Hustler’s tip: Even if the loan small, use am wisely. Small money wey enter the right place fit make big impact!

4) Equipment Financing – Invest in Growth

No matter your industry, you need tools to work. Whether na food truck, industrial machine, or tech equipment, this loan helps you buy essential gear without draining your cash flow. Plus, the equipment itself serves as collateral!

Imagine say you be fashion designer and your sewing machine don dey old. E dey delay work, and customers dey complain. Instead of managing struggle, you fit take equipment financing to buy new sewing machines and even upgrade to embroidery. This way, you go fit sew faster, attract big clients, and make more money.

🔹 Best for: Buying machinery, upgrading outdated equipment, reducing upfront costs.
💡 Hustler’s tip: Make sure the equipment you buy will either make you money or save you money. No go use am buy luxury gadgets wey no concern your business.

How to Choose the Right Loan for Your Business

Before you jump enter any loan, take time reason these factors:

✔️ Loan amount – How much do you really need? No go borrow excess money wey fit choke you.
✔️ Repayment terms – Check whether the payment plan go fit your business cash flow.
✔️ Interest rates – Make sure say the interest no go swallow all your profit.
✔️ Loan purpose – Borrow for business growth, not for unnecessary spending.

When you apply for a loan, always have a solid plan on how you go use the money and how you go pay back. If you plan well, that loan fit turn your hustle into empire!

Hustle Hard, Hustle Smart!

No go do pass yourself o! The right business loan no be just to survive—it’s to elevate your hustle. Make the right moves today with Market Monie!

📞 Call: (+234) 913 – 6000 – 833
📧 Email: info@marketmonie.com

Let’s finance your grind!

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Born to Hustle: The DNA of a Successful Business Owner

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March 3, 2025

- Business, high quality, Success, Uncategorized

Some people are born with a silver spoon, while some others are born with a calculator in one hand, a to-do list in the other, and a mouth that can successfully sell the idea of eating grass to a lion. If you’ve ever stayed up past midnight balancing books, negotiating with suppliers, or convincing customers that your product is “literally” the best thing since sliced bread, congratulations—you’ve got the hustle gene. And no, it’s not in your jeans; it’s in your DNA. 

At Market Monie, we know a thing or two about “hustle”. After all, we’re in the business of fueling dreams, from one business to another. So, let’s break down what it really means to be born to hustle. Spoiler alert: it’s not just about working hard; it’s about working smart, and staying resilient.

The Hustler’s Genome: Decoding the DNA

What makes a hustler? Is it the ability to sell ice to an Eskimo? Or the knack for turning every challenge into an opportunity? While scientists haven’t officially discovered the hustle gene (yet), we’re pretty sure it’s hiding somewhere. Here’s how we decode the DNA of a successful business owner: 

– D is for Drive:

  This is the kind of drive that makes you wake up at 5 a.m. even when your alarm clock is begging you to hit snooze. It’s the fire in your belly that keeps you going when the odds are stacked against you. Think of it as your internal generator—always on, always powering your business goals. 

– N is for Nerves of Steel:

  Let’s face it, running a business isn’t for the faint-hearted. You need nerves of steel to handle everything from disgruntled customers to supply chain hiccups. If you’ve ever smiled through a “this product is too expensive” complaint, you’ve got this trait in spades. 

– A is for Adaptability:

  In the world of business, change is the only constant. One day, you’re riding high; the next, you’re pivoting faster than a Lagos danfo driver in rush hour traffic. The best hustlers know how to adapt, innovate, and keep moving forward—no matter what. 

“Scientists may not have found the hustle gene yet, but we are pretty sure it’s passed down through generations of market women, traders, roadside tailors, and plantain chip entrepreneurs.” 

The Hustler’s Toolkit: What’s in Your Genes?

So, you’ve got the hustle gene. Now what? Here are a few tools to help you level up: 

– Financial Fitness:

  Even the best hustlers need a little boost sometimes. That’s where Market Monie comes in. Whether you’re expanding your inventory, upgrading your equipment, or just need some working capital, we’ve got your back. Think of us as your financial RNA—ready to help you replicate success. 

– Networking:

  Your network is your net worth. And no, we’re not talking about your 5 Gig data plan. Attend events, connect with other entrepreneurs, and build relationships that can take your business to the next level. 

– Mindset:

  A hustler’s mindset is like plantain—it’s best when it’s fried (tested) but never burnt (defeated). Stay positive, stay focused, and remember: every setback is just a setup for a comeback. 

The Hustle Never Stops

At the end of the day, being born to hustle isn’t just about making money; it’s about making a difference. It’s about creating something out of nothing, turning dreams into reality, and leaving a legacy that inspires others. 

So, are you ready to embrace your inner hustler? Even if you’re selling ankara, designing clothes, or building the next big tech startup, remember this: the hustle is in your DNA. And at Market Monie, we’re here to help you unlock it, call us today at (+234 913-6000-833) to get started.

Because when you’re born to hustle, the sky’s not the limit; it’s just “the view”. 

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Business, high quality, Success, Uncategorized

Success Is a Vibe: The Little Things That Make a Big Difference in Business

By on

February 24, 2025

- Business, high quality, Success, Uncategorized

If success were a dish, it would be crispy on the outside, tender on the inside, and seasoned with resilience—just like KFC’s famous chicken. But before Colonel Sanders’ face became a global symbol of finger-licking goodness, he was just a man with a recipe.

Yes, the man who built a billion-dollar fried chicken empire was once a broke retiree, rejected over 1,000 times. If that’s not the definition of “never give up,” I don’t know what is. But here’s where it gets interesting—KFC didn’t blow up because of one groundbreaking idea. Nope. It was the little things—one small tweak, one smart move—that turned it into the food empire we know today.

And guess what? That same energy applies to every hustler out there, including the market women and small business owners we support at Market Monie. The right small moves can make all the difference.

Let’s break it down.

1. The Recipe Was Good, But the Strategy Was Better

Harland Sanders (yes, Colonel was a nickname, not his military rank) had a chicken recipe people loved. But having good food isn’t enough—just ask all the roadside buka owners with award-winning jollof rice but zero customers.

At first, he ran his own restaurant, but after years of struggle, he made one game-changing decision: Instead of selling chicken himself, he franchised the recipe to other restaurants. That one move took KFC from one struggling location to thousands worldwide.

Lesson for businesses
You don’t have to do everything yourself. Can you scale smarter? Can you partner with others? That’s why at Market Monie, we don’t just give loans—we equip market women and small businesses with the right financial strategies to expand. Because sometimes, success isn’t in what you do, but in who you partner with.

2. The Secret Wasn’t Just in the Chicken but in the Brand

Plenty of people fry chicken—your neighborhood mama-put has her own “secret recipe” too. So why did KFC blow up? It was because they didn’t just sell chicken; they sold a brand. The white suit, the red bucket, the “finger-lickin’ good” slogan—KFC became instantly recognizable. Even when you didn’t feel like eating chicken, you knew their name.

Lesson for businesses?
Branding is everything. What do people think of when they hear your name? Are you just selling products, or creating an experience? Even if you’re selling ankara, or shoes, your brand should be so strong that people remember you even before they need you.

That’s why when you think of Market Monie, you think loans, you think trust, you think peace of mind. It is a name that business people believe in because we speak their language and understand their hustle.

3. When You Can’t Change the Game, Change the Price

At first, KFC’s chicken was too expensive for many everyday customers. Instead of struggling with the same business model, they introduced different meal sizes—family buckets, meal combos, and affordable snack options.
One small pricing tweak = big impact.

Lesson for businesses?

Are your products or services accessible to your audience? Sometimes, you don’t need to lower your price—just offer more flexible options. That’s why at Market Monie, we don’t just throw out one-size-fits-all loans. We offer daily, weekly, and monthly repayment options, so business owners can pay at their own pace.

4. They Followed the Money (Literally!)

KFC didn’t just wait for customers to come to them—they went where the money was. They set up shop near highways, in busy malls, and in locations where people were already looking for food on the go.

Lesson for businesses?

Are you selling where people are buying? You don’t have to be everywhere, but you have to be in the right place. That’s why Market Monie expands to new markets where business is booming, ensuring that market women and traders in growing cities have access to capital where they need it most.

The Secret Sauce? Consistency & Small Wins

KFC wasn’t built on one big break—it was many small wins stacked together.
A recipe + a smart sales strategy + strong branding + pricing adjustments + good location choices. Nothing outrageous—just small tweaks with big impact.

So, if you’re waiting for one big moment before your business grows, maybe what you really need is a small shift.

  • Simplify your process
  • Make your brand stand out
  • Offer price flexibility
  • Sell where your customers are

Because at the end of the day, success is not just what you achieve—it’s a vibe you create. We at Market Monie, are here to help every business owner turn those small wins into big success. Call us today at (+234) 913-6000-833 to get started.

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