The Banjan

While reading the life history of the famous Jamaican reggae star, the late Bob Marley, an incident that occurred between him and a young African girl caught my attention. He was then a centre of attraction with a fanatical fan following who included many young ladies who easily felt attracted to him. In one episode, it is recorded that the daughter of the late central African president Omar Bongo while attending a Bob Marley concert went straight behind the stage and immediately expressed her intention to him. The girl had fallen in love with the then famous musician. Bob Marley is said to have looked at her and told her straight to the face that she is ugly. The remarks came out of his mouth after seeing her, a black woman,  wearing straight hair. Her persistence paid off. After trailing the musician for a while, she earned his attention and Marley even accepted to perform in the central African nation at the invitation of his latest girlfriend. Bob Marley, later on, died of cancer b

Are you seeking for a non-secured loan? Please read this first. As earlier stated in the piece on Building Relationships With Banks , offering credit is one of the major functions of local banks not only in Kenya but worldwide. When it comes to credit, banks have sectoral tailored products with certain specified terms and conditions for ensuring that they retain value and make profits since they are in business. Non-secured lending or simply stated as loans with no tangible security have since their introduction to the local market become a very lucrative business though inherent with high levels of risk. The terms and conditions for these popular lending are fairly stringent though are enabled towards faster credit facility turnaround time. Commonly referred to as consumer lending, the assessment and approval requirements are almost standardized within the bank thus does not need high level credit analysis expertise. For some banks, the process is automated because of the high volumes

Relationship Building With Financial Institutions Having moved on from the formerly held tradition that banks only keep people’s money, any progressive individual whether in business or not should have by now realized that banks exist for more. One must therefore seek to have a healthy relationship with these institutions of which to attain does not come overnight. Making the bank your partner just like in the marriage institution requires commitment and high levels of financial discipline. It is not an overnight affair. It takes time. As finance intermediaries, if well utilized financial institutions exist as the most probable catalysts that help spur the economic growth of a country and wealth creation at the individual level. A bank should be viewed as a partner in financial progress and not as a master or an entity created to exploit the populace. The start of engagement or entering into a legal contractual engagement with a financial institution is most of the time the point at wh