A woman in Lagos has been arrested for allegedly selling her own child for loan repayment. https://www.facebook.com/100068662700306/posts/pfbid02wJ4dCkxnhCP6p5eHek3sYzvEENGSdqw1xzCDxNwHiSBgA178hmZMoXZfmRLN7Rpl/?app=fbl
when I first read this story there were two observations that came into my mind as food for thought:
1. She was asked the reason for her actions. She said she wanted to repay a loan company, the loan repayment amount was 600,000 thousand naira, an insignificant amount not even enough to exchange a human being, no amount is even enough compared to a human being.
such action by a Mother exposes how hard the economy is really biting hard on the citizenry, for a mother to go through the process of pregnancy for 9 months and the pain of childbirth and yet still go ahead to sell her own child just to repay a loan, it's like taking us back to the slavery era in modern 21st'C.
2. The second was in relation to how people take loans for ostentatious purposes such as birthday parties, wedding or luxurious living. However as a human being, is always advisable to alway take loans for the purpose of financing projects with a Return-On-Investment potentials you can use to pay back your loan.
Just because the opportunity availed itself for you to borrow a certain amount you know you cannot pay back, doesn't warrant you to jump on the opportunity, as it's rather not an opportunity in real sense but a debt trap.
