Ghanaian Man Picked Up For Defaulting On Loan Speaks: "I Used The Money For My Father's Funeral"

Ghanaian Man Picked Up For Defaulting On Loan Speaks: "I Used The Money For My Father's Funeral"

  • A Ghanaian man who was humiliated by representatives of Bills Micro Credit has offered clarity on what happened
  • In a video, he stated he took the loan to pay for his father's funeral but defaulted on payment
  • He stated that he owns the microfinance company an amount of GH¢11,000 and has been told to pay the money immediately

Jonathan Kofi Mensah, the Ghanaian man who went viral after a video of him appealing to representatives of his creditors for more time to settle his debt, has gone public on the issue.

In a video sighted by YEN.com.gh on the X page of @SIKAOFFICIAL1, Jonathan Mensah said he took a loan of GH¢10,000 from his creditors, Bills Micro Credit, to help finance his late father's funeral.

Photo of a Ghanaian man in tears after defaulting in paying his loan.
A Ghanaian man defaulted in paying his loan explains what happened. Photo credit: @SIKAOFFICIAL1/X
Source: Youtube

However, he suffered an accident, which affected his ability to work and pay the loan on time as agreed upon.

Read also

Ghanaian man arrested for defaulting bank loan: "Please give me time to pay"

A carpenter by profession, Jonathan Mensah, said he has paid his creditors GH¢3,500 and must pay an additional GH¢11,000.

At the time of writing the report, the video had raked in over 48,000 views and 28 comments.

Watch the video

Ghanaians raise concerns about his action

Social media users who thronged the comment section of the video questioned the man's decision regarding the loan.

Others also expressed a desire to support him financially in repaying his loan.

@bra_kobbie_ indicated:

"We all want to help him pay how bro?"

@Ray_Gyamfi reacted:

"I don’t support the reason why he took such an amount just for burial services. That’s too."

@Ray_Gyamfi write:

"I don’t really endorse or encourage such thing, taking loans for burial service without making an investment instead."

Read also

Ghanaian man demands GH¢160,000 as compensation from wife after sponsoring her to Canada

@ofosumanuel_ added:

"Burial services? Plan according to your finances. What’s the pride in planning a huge burial service for a dead person? Well."

@Elormonline wrote:

"People need financial education in this life."

Bills Credit representatives storm restaurant

Earlier, YEN.com.gh reported a video that captured employees from Bills Credit Ghana causing commotion at a local restaurant in Laterbiokoshie, Accra.

The staff, wearing white shirts, were said to be attempting to recover a loan amount owed by the restaurant's managers.

The video captures the staff being aggressive and confrontational as they clash with restaurant staff.

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Source: YEN.com.gh

Authors:
Philip Boateng Kessie avatar

Philip Boateng Kessie (Human-Interest editor) Philip Boateng Kessie started writing for YEN.com.gh in 2022 and is the Head of the Human Interest desk. He has over six years of experience in journalism and graduated from the University of Cape Coast in 2018 with a bachelor's degree in Communication Studies. Philip previously served as a reporter for Graphic Communications Group Limited (GCGL) and as a content writer for Scooper News. He has a certificate in Google News Initiative News Lab courses in Advanced Digital Reporting and Fighting Misinformation. Email: philip.kessie@yen.com.gh.