A man walks into a bank in NAIROBI and asks for the loan officer.
He tells the loan officer that he is going to DUBAI on business for four weeks and needs to borrow KSH 5,000.
The bank officer tells him that the
bank will need some form of security for the loan, so the man hands over the keys to a brand new Mercedes Benz S class 500 parked on the street in front of the bank.
He produces the log book and everything checks out.
The loan officer agrees to accept the car as collateral for the loan.
An employee of the bank then drives the Mercedes Benz into the bank’s underground garage and parks it there.
The loan officer says,
‘Sir, we are very happy to have had your business, and this transaction has worked out very nicely but we are a little puzzled.
What puzzles us is, why would you bother to borrow ‘KSH 5,000’.
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