Good evening to you all my readers. I hope today, you are all feeling great by the grace of God?
There is a question that always border my mind and today, I want to make it known to you so that you can help me get the answers I need.
The question that always border my mind is, what does the president of Ghana, Nana Addo Dankwa Akufo-Addo use as a collateral whenever he requests for loans from foreign countries?
The reason why I am asking this question is because, whenever an individual go for loans at the bank especially when the amount of money is huge, he or she is being given an alternative to use any of his or her personal assets as a collateral before the loan will be given to him or her.
If that person fails to pay the loan within the given time rate, the bank take the assets of which the person used as a collateral so since Nana Addo Dankwa Akufo-Addo mostly requests loans from foreign countries, what does he use as a collateral?
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