I laugh when people say their problem is capital.. Just sell what you have to start a business. I was broke in my year 3 in the university and I sold my laptop, called 3 friends that think like me and we started a salon in uyo.
that same year I had enough money to buy 4 of that laptop (brand new) ..no one pays you for your excuses. If you can't sell that extra phone to start your business, then no one should give you loan because even you don't trust yourself to invest in your own business