18/10/2022
NO NEED TO RUSH FOR DOLLARS. WE CAN SAVE OURSELVES TOGETHER.
A story about 2 future homeowners (Ama and Emefa) as regards their financial choices. Each had GHS 20,000.00 in cash back in February.
AMA: She deposited her cash in her savings account so she can withdraw it in 2023 to buy cement blocks for her home construction project.
EMEFA: She contacted BlockFarm to put her cash in blocks. She bought 5,000 cement blocks(4.00 per block in February) with her GHS 20,000.00. Now, a piece of 5" cement block currently sells at 5.60 cedis. Emefa intends to get her 5,000 blocks plus interest in January 2023.
Ama on the other can only afford to buy about 3,600 pieces of 5" cement blocks if she should withdraw her cash from savings today. She has lost a lot money without even knowing it.
We are in October, and inflation and the depreciating cedi are biting hard. It will even get worse. Under these precarious economic circumstances we can tell that EMEFA is winning.
Be like Emefa. Contact us today for details.