I Sold My House, Emptied My Account to Fund My School Project – Yvonne Nelson

Posted by Thandiubani on Wed 07th Aug, 2024 - tori.ng

In an interview published on X by EDHUB, she revealed that the journey was “hectic and very challenging.”

Popular actress, Yvonne Nelson has shared a sad experience when she faced financial difficulties.

According to her, it happened during the time she was establishing her schools.

She spoke in an interview published on X by EDHUB.

According to Yvonne, she encountered financial obstacles, including running out of funds and being unable to secure loans from banks due to unreasonable interest rates.

To fund the construction, she said she made the difficult decision to sell her house and properties, which held many memories for her.

Yvonne, despite these hurdles, remains committed to her vision as she is determined to continue building the school, which has just started its primary phase, and is hopeful about its positive impact on students and future leaders.

“Obviously, we’ve just started primary school and this is just phase one. We are going to continue and progress further. It is really crazy because, at some point, I am getting personal now. When we started the project, I had to sell my house because I went to the banks for a loan and the percentages were, look, it did not make sense.

“So, I had to fall back on a house and sell it. I had so many memories there, but I said to myself, Yvonne, this is the only way, so I sold the house, started the building, the money ran out, and I had to dip into my savings”, she said.