Shylock agreement form in kenya 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the minor’s name and case number at the top of the form. This information is crucial for identifying the guardianship case.
  3. In the proposed guardian section, circle whether you are a paternal or maternal guardian and provide your full name, date of birth, and contact details.
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In the play Shylock is a Jewish moneylender who loans 3,000 ducats to his Christian rival Antonio, setting the security at a pound of Antonios flesh. When a bankrupt Antonio defaults on the loan, Shylock demands the pound of flesh.
According to some of the residents, the shylocks charge as much as 30 percent interest per week -- which translates to 120 percent monthly -- or 1440 percent per year. To put it into perspective, Saccos charge as low as 11 percent interest on borrowed loans per year.
Assuring Antonio that he means to be friends, Shylock offers to make the loan without interest. Instead, he suggests, seemingly in jest, that Antonio forfeit a pound of his own flesh should the loan not be repaid in due time.
(f) Loan shark or shylock means any person as defined herein who lends money unlawfully under subsection (2), subsection (3), or subsection (4). (g) Loan sharking or shylocking means the act of any person as defined herein lending money unlawfully under subsection (2), subsection (3), or subsection (4).
In Venice Bassanio goes to Shylock, a Jewish moneylender, to borrow, in Antonios name, 3,000 ducats. Shylock hates Antonio but agrees to lend the money provided that Antonio sign a bond to yield a pound of his own flesh if he is unable to repay the loan on time.
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Shylocking, the practice of lending money at exorbitantly negotiated interest rates, is one of the most exploitative loan schemes.

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