Hi am 28 yrs old, married and have child of age 1.5yrs, i am very unfortunate as i was unable to complete my education due financial problem due to a serious health related problem at that time which have drained all of our savings, as of now i am some what stable, due to lack of educational certificate i am unable to join mnc for higher salary, my current salary is 17k per month ctc, i have a dream of opening a manufacturing business that requires around 40 lakh of initial investment, how could I accumulate such wealth as no bank is ready to give me a loan of such high amount, maximum they are offering is around 7-8 lakhs, pls note i also have depending mother and my wife is a house wife
Ans: It would be difficult to raise this capital, without investing anything on your own. The only way you can get money is through friends and family, or by mortgaging some asset that you might have. I would suggest you look for a job and start your venture after you have saved some money.
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