WETO RURAL BANK LTD. vs. CHRISITINE ANKUTSE, CECILIA ADDAE

JUDGMENT INTRODUCTION The plaintiff issued out the instant action originally on 4-6-2012 and per their amended statement of claim dated 27-1-2016, the plaintiff sought against the defendants the following reliefs: a. Refund or recovery of a liquidated amount of GH₵6,430.00 the outstanding amount the defendants owe plaintiff as at September. b. Interest on GH₵6,439.00 from September, 2009 to date of final judgment at 30% per annum. c. General damages. The Plaintiff's Case The case of the plaintiff as gleaned from the amended statement of claim and witness statement is that, around 23rd of June, 2006 the defendants in their respective capacities applied for a loan of GH₵6,900 from the Plaintiff Bank on behalf of Tornyeli Community Women Development Association, Agate. The purpose of the loan was to enable the Women Association to cultivate cassava on a parcel of land at Agate. That after scrutinizing the loan application an amount of GH₵6,000.00 was approved af...