That man of God fucked up big time. I also have my bad experience with loaning people and good ones as well.
People need to realise that things like this have psychological and ripple effect on the kindness of people. Any loan that doesn't goes well closes the door to another that will even be able to pay back but because of the fear of accumulating bad debts we won't and this always saddens my heart. Doing loans out of trust doesn't work like it used to, if you have nothing to offer to me as security I won't indulge in it. I only give loans to people who has proven themselves times and times again.
Thanks for sharing.