Loan is a Curse. Review on Taking a Loan

I am an automotive technologist and currently working on alternative energy resources.Here we investigate and estimate different energy projects but here there is a hurdle that is the amount of interest we have to pay back other than the amount oh the loan itself.This thing demands to design a project of much larger scale only to get more out put then more revenue to pay the interest back to the banks. no one can build smaller projects by getting loan from the banks.

The projects those are susceptible to work at their best efficiencies as those are depending on unreliable factors like weather etc. should not be recommended to entertain in terms of loan based establishment.People those are working on smaller projects and have just started working in some field on their own behalf should not get loans as the mental tension to manage the means for returning the loan along with interest will soon spoil the creativity lying inside you.

The best way to start business especially associated with some unique creations, as the technologist do often, is to raise smaller steps first.every Boeing 747 is made scaled first.every newly born baby has small size first.So in my opinion never take risk to take loans and not to spoil your creative skills.