STOP BORROWING PEOPLE MONEY

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This topic may seem harsh, especially when we know that no one Has it all. Life has turned many into .., not beggars now but into people who are not able to fend for themselves useless they seek help from one person or place to another. How do they survive, if we don't borrow them money.

ASSIST THEM
Isn't this contradictory now? You don't want to borrow them but you are assisting? Yes. When I mean assist them,I am talking about giving them and forgetting about them refunding the money.

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The World is so crazy now that many people are selfish. Although we know times are hard, Some capitalize on it and loan money from friends, swearing that they will pay back. Often times when it gets to pay back time, these individuals are found wanting, some even making trouble and threatening the lender

Mr Isaac helped a family in financial difficulty with four million naira, he did this without consulting his wife. Some years later, Mr Isaac lost his job and life was difficult. One day, Mrs Isaac run into the borrowers' wife and it was very clear that the Mrs Isaac and her house hold were passing through hell.

After exchanging pleasantries, the wife of the man who borrowed money from them said to Mrs Isaac "Life is so unfair, who would believe that your husband would be going through financial stress? I pray God helps him because when we too were broke, your husband borrowed us the sum of four Million naira"

The information came as a surprise to Mrs Isaac. " We have been suffering" she thought but managed to say " Now that we are broke can you pay us back"?

But the woman replied " We don't have that kind of money this time. We are even looking for money this period".

Did you know that in less than two weeks the wife of the borrower said there was no money, She left for London to deliver her third Baby, ?
Where did they get that kind of money?

Upon hearing that the family had sent the woman abroad for child birth, Mr Isaac went to the borrower to ask for his money, at least since he is buoyant now.

But the borrower insulted daylight out of him and called him enemy of progress. "How come now that your heard my wife travelled abroad, that's when you know you need your money"?

Mr Isaac thought it was a joke. He reported the case to friends and even older men in the church, believing that the problem would be solved by them. Instead Mr Isaac kept receiving threat messages from the man, claiming that there was no written agreement that he would pay back under duress. He claimed that Mr Isaac agreed that he can pay whenever he likes or when he has it and for now, he doesn't have it.

As we speak, the borrower and his family are in the UK. I guess he still doesn't n't have the money, but he travelled abroad. Friends who knew about the case has communicated Mr Isaac, detailing him how well the man is doing over there. But each time Mr Isaac asks for his money, the money would say they are still struggling over there. First he denied travelling abroad, he only said they moved out of the town. Now he is "still struggling".

When I heard the story, I blamed Mr Isaac for giving out that huge amount without proper documentation about payback terms.

Again, he even hid the matter from his wife, She would have been able to offer suggestions on getting the money back sooner.

Lastly, if Mr Isaac knew he needed back his money, I believe he should have started asking for it on time. Not just when he found that he has become jobless, the borrower might not have it handy anymore.

This reminds me about a time a friend borrowed me 300k to support my family baking business. She lives in US. Although I didn't ask for it, she only said she was supporting the business with that money. But I promised to refund it. When I was ready to pay back, she said she has no naira account anymore. So I asked her to open one.

Instead, she sent me details to help her open one. But when the bank requested for her BVN, she said she has none and even if she has, she cannot share it.😅

Subsequently, I asked what else I should do or how else would she collect her money, she told me to keep the 300k, that anytime she needs to send money to someone in Nigeria, she would ask me to send it instead. For example, If she makes any transaction in Nigeria, even up to making dresses, I would help her pay. I would continue to do that until the 300k is complete.😅

Can you imagine? In this instance, I think this friend is not ready to collect back the money. What if the time she calls me to credit someone is a time I have nothing?

Really then, Mr Isaac should have started drawing his debt earlier than when all the money his borrower had was for Japa runs. (Japa runs means relocating abroad). I doubt if many would give that opportunity away. But at least now that he is abroad, he should pay back.

Borrowing from Banks is worse, especially from Microfinance Banks. If it's pay back time and the borrower defaults, they go to any length to blackmail and deform their character.

After all these experiences and more, I have come to realize that it is better to assist someone than borrow. Borrowing comes with much headache. You can't imagine borrowing someone and believing he will pay on a certain day, your heart is waiting for it and you have plans for it, only to be disappointed. It is better you give what you can offer and go to sleep. No matter how little or much, but your mind is at rest and you are happy that you have given from your heart to support someone in need.

The year is already coming to an end, someone is still owing me money hahahahaha. I didn't borrow him anyways, it was meant for supplies, he didn't supply, he didn't refund the money. It has been once story after another.

May God help those in debt and those looking for assistance. Our prayers for help and our heart desires shall be met. Definitely, next year will be better for everyone, IJN.

Thanks for stopping by.

This post is inspired by many businesses around me going down due to debts, credits, complaints from friends owing and owed.😅. May God help us in Nigeria.