The Banjan

( Posted on special request ) In some of our African societies, the title man is earned and not merely the result of attaining a certain age. The crowning moment for participants is when a young man is taken through an elaborate ceremony which culminates in them becoming entitled to the rights and privileges that accompany the status of being an African male adult. Those who take shortcuts or make any attempt to avoid going through this rite of passage that graduates boys to men are in most instances referred to in derogatory terms as cowardly boys up to old age. Girls and women, through subtle messages, are advised to shun getting married to such as they are not man enough.The societal pressure is all over with the ceremony held in high regard such that some use it as one of the key tests towards political leadership. Local artists are not left behind on this. They further rub it in by composing music with tunes laden with deep messages emphasizing the importance of undergoing the pas

Majority of bank customers take loans with the genuine intention of eventually paying back the borrowed funds. As detailed in the earlier write up on, The credit decision , any contray intention will most times be detected during the assessment process. There is however no full proof analytical process though as such some applications of low quality happen to go through. In the eventuality of such, banks have put in place measures to ensure that there is recourse. Details around these are usually captured in the bulky credit letter of offer signed by the customer whose contents are heavy on both legal and financial jargon and here the client has the right to seek clarification whenever ambiguity is detected. Few borrowers take time to read through this document whose time of lapse after delivery usually is 90 days. A key clause of importance is the one mentioning default and the consequences associated. Those who have never been in loan arrears most times never get to what it contains