Somebody Explain To Hustlers That 8% Interest Rate Per 14 Days Doesn't Translate To 8% Per Annum

[Ndindu]

NIlisikia Ruto akidanganyana eti peasants watakoewa hiyo pesa at a CONSTANT Interest rate of 8% at the same time uki default inapanda to 9 point something na sirikali will not mint money from this project.

[ATTACH=full]482039[/ATTACH]

LET’S DO THE MATH NOW

If 1,000 persons are loaned Ksh 1000 each and they repay at 8% within 14 days how much will the gov make from them?

Now multiply that by 10 Million peasants. It is milking and raping a dying cow all at the same time.

[Pseudo]

@Ndindu

NIlisikia Ruto akidanganyana eti peasants watakoewa hiyo pesa at a CONSTANT Interest rate of 8% at the same time uki default inapanda to 9 point something na sirikali will not mint money from this project.

[ATTACH=full]482039[/ATTACH]

LET’S DO THE MATH NOW

If 1,000 persons are loaned Ksh 1000 each and they repay at 8% within 14 days how much will the gov make from them?

Now multiply that by 10 Million peasants. It is milking and raping a dying cow all at the same time.

Ni kama hauna akili kiasi, the applicable interest rate is 8 per cent per annum, calculated per day. 1000 utalipa 3.6 after 14 days. Umeelewa sasa?

[Ndindu]

@Pseudo

Ni kama hauna akili kiasi, the applicable interest rate is 8 per cent per annum, calculated per day. 1000 utalipa 3.6 after 14 days. Umeelewa sasa?

So kama the gov won’t be making anything at all si ingekuwa 0% kama loans za Waisilamu.

Unakopa Ksh 1000 unalipa Ksh 1000 after 14 days = 0% hii Ksh 50 Billion ni Pesa ya Ruto, Gachagua and their cronies.

[sludgist]

@Pseudo

Ni kama hauna akili kiasi, the applicable interest rate is 8 per cent per annum, calculated per day. 1000 utalipa 3.6 after 14 days. Umeelewa sasa?

kill the schupid bonobo already

[sludgist]

@Ndindu

So kama the gov won’t be making anything at all si ingekuwa 0% kama loans za Waisilamu.

Unakopa Ksh 1000 unalipa Ksh 1000 after 14 days = 0% hii Ksh 50 Billion ni Pesa ya Ruto, Gachagua and their cronies.

:meffi:
ii ujinga yote sio ungepeleka kwa whatsapp group ya kwenu muuane na ujinga huko
:meffi:

[Pseudo]

@Ndindu

So kama the gov won’t be making anything at all si ingekuwa 0% kama loans za Waisilamu.

Unakopa Ksh 1000 unalipa Ksh 1000 after 14 days = 0% hii Ksh 50 Billion ni Pesa ya Ruto, Gachagua and their cronies.

8% interest ni largely to cater for inflation and a few administration cost. technically ni interest free. Also, you might want to read more about Islamic Banking? Nani alikuambia ni 0%? Ni ukweli hauna akili…google about kitu inaitwa rental payments in islamic banking

[kwido]

@Pseudo

Ni kama hauna akili kiasi, the applicable interest rate is 8 per cent per annum, calculated per day. 1000 utalipa 3.6 after 14 days. Umeelewa sasa?

na hiyo 5% wanakata upfront eti saving ni nini?? Hapa ni proper shafting. There no free lunch.

[Pseudo]

@kwido

na hiyo 5% wanakata upfront eti saving ni nini?? Hapa ni proper shafting. There no free lunch.

Kwani kila mtu hana akili ama hajui kusoma? Of the withheld amount, 70% of it will be saved for pensions while 30 percent (Ksh15) will be held in the Hustlers Fund’s short-term account.Contribution made to the pension will be matched by the government in a 2 to 1 ratio.

[Night-runner]

@Ndindu
[ATTACH=full]482042[/ATTACH]

[kwido]

@Pseudo

Kwani kila mtu hana akili ama hajui kusoma? Of the withheld amount, 70% of it will be saved for pensions while 30 percent (Ksh15) will be held in the Hustlers Fund’s short-term account.Contribution made to the pension will be matched by the government in a 2 to 1 ratio.

Kila mtu ana akili kasoro wewe…And that is theft right there! Hii ni daylight robbery!

[G_Mwaura]

@Ndindu

NIlisikia Ruto akidanganyana eti peasants watakoewa hiyo pesa at a CONSTANT Interest rate of 8% at the same time uki default inapanda to 9 point something na sirikali will not mint money from this project.

[ATTACH=full]482039[/ATTACH]

LET’S DO THE MATH NOW

If 1,000 persons are loaned Ksh 1000 each and they repay at 8% within 14 days how much will the gov make from them?

Now multiply that by 10 Million peasants. It is milking and raping a dying cow all at the same time.

I swear I thought you were intelligent but you’ve just found 1000 different ways of proving me wrong.

[sani]

@Ndindu

So kama the gov won’t be making anything at all si ingekuwa 0% kama loans za Waisilamu.

Unakopa Ksh 1000 unalipa Ksh 1000 after 14 days = 0% hii Ksh 50 Billion ni Pesa ya Ruto, Gachagua and their cronies.

Loan za waislamu ziko na interest kama loan zile zingine, lakini jina huwa inabadilika inaacha kuitwa interest, inaitwa margin ama profit. Hakuna pesa ya bure

[Idias]

hakuna mtu analazimishwa kuchukua hizi hela. kila mtu kwa hiari yake. zaitwa shida za kujiletea.

[G_Mwaura]

@kwido

na hiyo 5% wanakata upfront eti saving ni nini?? Hapa ni proper shafting. There no free lunch.

Ever heard of a financial institution called Hf?

[Ndindu]

Pakeni mikundu mate.

[cortedivoire]

Hustler loan una lipa fixed price 3 times with Less interest. Empowering women through business

[Sambamba]

@Ndindu wacha ushamba :D:D:D:D

[Ngimanene_na_matharo]

@Pseudo

kama hauna akili kiasi

Sio kiasi @Ndindu is an extremely low IQ bonobo ni akiri hana kabsaaaa hata ni pungufu

[FieldMarshal_CouchP]

And these are the monkeys that keep insulting Bleks here. Yaani nugu hata basic comprehension ni tafash…

[uwesmake]

@Ndindu ghassia