Case Studies
Article: Teaching Your Children about Money
Financial intelligence, needed to achieve wealth, comes from knowing how to manage money.Children do not receive financial education at school, thus It is every parent’s responsibility to introduce their children to money and teach them how to manage it. Here are some things you can do to teach your children, regardless of age about Money. 1.Give ...
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Personal Loans: Mr Reindolfs Story
Mr Reindolf, a salaried worker at GMT Ltd., first approached NDK after seeing our advert in the newspapers. He was faced with a problem asdue to some unexpected family emergencies, he was short on cash. HisChildren had just gained admission into a private secondary school and he needed to pay their school fees forthe semester,GHC4,000. He ...
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Financing a contract: Okyere's Tailoring Sevices
Okyere's Tailoring Services is a family business that has been in existence for over a decade. The received a request for the outfitting of two institution:Uniforms for the staffof a premierhotel and thefridaywear for the staff of aBank. Armed with the two contracts, the managing director of Okyere's Tailoring, Mr Okyere,approached NDK to finance the two ...
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Warehousing: Distroff Engineering supplies ECG with Generators
Distroff Engineering Ltd was awarded a contract to supply ECG with generators. Mr Agyei, the chief accountant at Distroff Engineering approached NDK to assist in financing the contract. Distroff had however been able to a payment arrangement with the German suppliers of the generators. Thus a letter of Credit ( L.C.) would be used to ...
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