Celebrated actress and movie producer, Yvonne Nelson, says interest on bank loans make no sense.
Narrating the struggles she went through when building her school, the actress indicated at a point when she ran out of funds, she went to the banks for loan and the percentages were not making sense so she stopped.
“One year, two, year three, year four. Obviously, we just started primary school so this is the first phase of the primary school. We are going to continue and go higher. It is really crazy because, at a point, I am getting personal now. When we started the project, I had to sell my house because I went to the banks for a loan and the percentages were, look, it did not make sense.” Yvonne Nelson said in an interview published on X by EDHUB.
According to her, she had to sell her house before she could continue the building.
“So, I had to fall back on a house and sell it. I had so many memories there but I said to myself, Yvonne, this is the only way, so I sold the house, started the building, the money got finished and I had to dig into my savings. I had to use my entire savings for the school project so my heart is in it. I know they are going to learn and surprise us. I know future leaders are going to come out of the school. Anytime you meet a child and you are impressed just ask him which school you attend.” She narrated.
Some social media users have described Yvonne Nelson’s decision to sell her house to build the school as a bold decision.
“May God continue to bless @yvonnenelsongh for sacrificing her property to put smile on someone’s face.” One user said.
“This has been my take since the credit score matter came even if she a good credit score rate and interest on the loan don’t make sense these are the fundamental not the scoring system” Another user lamented.
Source: Elvisanokyenews.com
