officer. He tells the loan officer that he is going to DUBAI on
business for two 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 KIKUYU man hands over the keys to a new Ferrari
parked on the street in front of the bank. He produces the title and
everything checks out. The loan officer agrees to accept the car as collateral for
The bank's president and its officers ( luo) all enjoy a good laugh at the
KIKUYU for using a KSH 1,500,000 Ferrari as collateral against a KSH 5,000 loan.
An employee of the bank then drives the Ferrari into the bank's
underground garage and parks it there.
Two weeks later, the KIKUYU returns, repays the KSH 5,000 and the
interest,which comes to KSH 150.41.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. While you were away, we checked you out and
found that you are a multi millionaire.. What puzzles us is, why would you
bother to borrow "KSH 5,000"
The KIKUYU replies: "Where else in NAIROBI can I park my car for
two weeks for only KSH 150.41 and expect it to be there when I return'"
Ah, the mind of the KIKUYU ...