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Short Story

I need to repay a loan of 800k

Loan repayment

by Ganiyat Ademiluyi

  • 800.00

    Funding Goal
  • 0.00

    Funds Raised
  • 0

    Days to go
  • Target Goal

    Campaign End Method
Raised Percent :
0%
Minimum amount is ₦ Maximum amount is ₦ Put a valid number
Nigeria, Nigeria

Ganiyat Ademiluyi

1 Campaigns | 0 Loved campaigns

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Campaign Story

  • In April this year, I borrowed ₦100,000 to complete my school clearance, confident that once I was posted for NYSC, I could use my allowance to repay it. Unfortunately, before that could happen, I fell seriously ill and had to borrow more money for treatment. With interest, the first loan grew to ₦175,000. When I couldn’t pay on time, I borrowed from another app to clear it — and that was the beginning of a painful cycle. Since April, I have been taking loans to pay back other loans, and with the constant interest, the amount has now grown to almost ₦800k. I have sold what I could and cut down my expenses, but the debt keeps growing faster than I can handle. I am appealing to anyone reading this: please help me break free from this debt trap and start afresh. Even the smallest contribution will make a big difference. Why Your Help Matters: Your support will stop the interest from increasing, give me peace of mind, and allow me to focus on building a stable future. I have already learned hard lessons from this and will never return to borrowing from loan apps again. How You Can Help:
  • Donate any amount you can — nothing is too small.