In as much I don't really support obtaining loan in a way to start a business, I don't really object to the fact that there may be sometimes when we are left with no option other than to obtain loan to kickstart our business lest the idea fade away on our minds.
But in order to avoid the trouble that does come with loan, one needs to take the bull by the horns and never to start any business using loan. There are other several ways these can be done.
Loan is not the only source of income for business. In fact, there are other ways like borrowing from families and friends if one doesn't have a personal saving. These methods can be used in order to make sure that we don't out ourselves in the trouble that may later ensue from obtaining loans.
In case there is no people to borrow from, then we can decide to start with what we have first. After some times, then we can decide to expand by the gain and not through loan. There are many people that have used this method and it is working for them.
In advance countries, some even go as far as using crowdfunding. In this method, they solicit for help from people .