🚀 Day 8 – Python Dictionaries in Action
Welcome to Day 8 of my 30 Days of Python Projects challenge!
Today’s project focuses on Python dictionaries while solving a real-world problem common to Nigerian and African SMEs:
loan tracking and repayment management.
🌍 The Real Problem (African Context)
Across Nigeria, many small businesses collect loans from:
- Cooperative societies
- Microfinance banks
- Thrift groups (ajo / esusu)
Unfortunately, loan records are often kept using:
- Paper notebooks
- WhatsApp chats
- Human memory 😬
This leads to:
- Forgotten repayments
- Disputes between partners
- Financial losses
- Business failure
❗ Why This Matters
- SMEs are the backbone of African economies
- Poor record-keeping increases loan defaults
- Transparency builds trust
- Simple Python tools can make a big difference
🧠 Python Concepts Practiced (Day 8 Focus)
This project is beginner-friendly and focuses on:
- Dictionaries (
dict) - Key–value pairs
- Nested dictionaries
- Looping through dictionaries
- Updating values
- Clean, readable output formatting
🛠️ Project Overview
Nigerian SME Loan & Repayment Tracker
The program:
- Stores loan records for SMEs
- Tracks how much was borrowed
- Tracks how much has been repaid
- Automatically calculates outstanding balances
- Displays loan status clearly
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