ukikosa kukopa nani atakufa? hapana kopa, hapana kopesha. kula sumni, weka sumni.
The CBK governor upus dei monk is one of the useless and incompetent office holder in kenya. Humbwer yeye KAZI ni kuzungusha makende Kwa ofisi. While Kenyans are being defrauded by those Shylock and mobile loan apps. No sane leaders can allow it’s citizens to be pay those inflated exorbitant interest.
Ni nini inaweza skuma mtu achukue deni na these shylocks? Definitely not business ju hakuna biz inaweza lipia hio pesa na interest yake… Which one?
Watu wanakopa hadi mita mbili wakitumia range rovers na V8. Utashtuka sana ukiangalia bank statements za ma sos. Mtu akona madeni kweli kweli
Some of these very flashy people ni madeni tupu. There’s nothing greater than having peace of mind
In law, there is something called in duplum rule. In essence, it means that you cannot pay a loan+plus interest exceeding the double amount of the principal loaned. I wonder why such lending companies disregard that.
Bro, hii Kenya sheria ni ya vitabu tu…
But hiyo sumni ya kukulwa ndio inatafutwa na kwa shylock.
hiyo sheria unajaribu kufundihswa hapo juu is applied in practical situations by courts everyfuckingday
The law always works, but on peasants. If you’re a hasora, you’ll know in due time, that you don’t f_g know, coz no god will stand up for you and say, hizo ni kesi za kuwekelewa. Instead itakuwa “hakuna pesa ya bure.”
In the run up to the election kina mwananchi and platinum credit were doing big business
Utashtuka sana ukiangalia bank statements za ma sos.
Hehehe another dinosaur discovered in the village
Back in time the word sos meant rich.
Hakuna kitu kama hiyo. io sheria ina apply kama umekopa kwa bank iko regulated na Central Bank. Shylock hayuko regulated na central bank, kwa ivo yeye haoperate within zile boundaries zimewekwa na central bank.
I am confused. are you saying that the in duplum rule does not work ama?
Mimi kuna time landlord alinikopa yet his apartments were almost full…
I gave him three months of rent…
Nilishangaa sana ju jamaa alikuwa na Toyota Fortuner mpya.
Wanakuwanga na madeni na sio in thousands but in millions. Ushai ona mtu ana drive V8 ama range Rover ana Kaa kuwa happy. Majority huwa wamenuna tu na hasira na kiburi ikiwezekana. Very unhappy lot
And you will never grow
Suppose you have an income of say 30k a month and need to do a project which will cost 1M. With saving there are many temptations and it slows down your project. So it is wiser to take a loan, do the project to completion then service the loan slowly at your own ability
One thing i’ve learnt over the years is to avoid sharks
Usually it is emergencies. Not business no. And most people fail to read through the terms & conditions. They listen to what they are told by marketers and then later find themselves in deep shit
i chose to grow slowly at my own ability. nikikufa watoto wangu wataendeleza kwenye nitakuwa nimefika, sina haraka.