“I borrowed 800k from the bank to fund my wedding” – Man gives flimsy excuse for his decision after running into debts
A Twitter user by the name, Irun Mole has taken to the platform to discuss how a man who is his colleague at work, who earns 120k borrowed 800k to fund his wedding and will pay back in 12 months.
In his story; a colleague from work borrowed from the office funds the sum of 300k, for 50k to be deducted from his monthly salary. And he went further, to borrow 500k from a microfinance bank for the same purpose.
He had hoped that his guests would give him cash gifts so as to be able to pay off his debts.
Unfortunately, there were no such gifts. Instead, gas cylinders, plates, spoons, turning sticks, etc were given.
The man is in pain because he is indebted and to pay up all of his debts in 12 months’ time. As he still owes Mc and few others.
He went further to say that the reason why he spent lavishly on the wedding only was that his mother-in-law told him that,
“When I gave birth to your wife they told us she is a noisy child, so everything we do must be with fun fare and loudness”.
The unfortunate event at the moment is that the shop he rented for his wife is empty since there’s no money to restock and feed fine. They are both struggling to pay off their debts.
Here’s what he wrote;
So this guy wanted to wed He took loan from his office 300k They will be deducting 50k monthly from his salary. Then took 500k from micro finance He’s to be paying 50k monthly for 12 months Wedding is done but the debt is there. Do you know his intended repayment plan?
He said he was hoping the people he invited would gift him very well but to his surprise most of the gifts where gas cylinders, plates, spoons, turning stick etc. in his words ‘Baba I think say people go give me money but Na gas cylinder, plate and all those things Dem …
…give me’ Me: Ehn ehn Him: when we sell the ones wey we no need Na 62k we see’ Me: you mean am. Him: and we use am settle MC and band and I still Dey owe Dem 20k Me: where all the money wey you loan come enter Him: baba only hall Na 250k
He rented a shop for his wife before wedding 1/6 months, she sells provisions. Now the shop is empty and no money to restock because they’ve used most of The money to repay one debt or the other and also feed. Now they have 8months running in an empty shop he’s trying
To sublet. How do you do that to yourself? Why? Do you know this guys salary? 120k Na that one burst my eyeglass After office deduct 50k Na 70k go remain … My eye glass shatter
So this guy wanted to wed
He took loan from his office 300k
They will be deducting 50k monthly from his salary.
Then took 500k from micro finance
He’s to be paying 50k monthly for 12 months
Wedding is done but the debt is there.
Do you know his intended repayment plan?
— Coleon W. (@IrunmoleWeil) March 4, 2021