Building houses

Fredrick Mwaura

Maragua, Kenya

100% repaid

Entrepreneur

Name

Fredrick Mwaura

Member since

January 2016

On-time repayments

50 installments  •  100%

About Me

Tell your story in at least 300 characters
I was born 48 years back. My father did not fancy education. I was thus educated by my mother up to university. I did a lot of manual labor to raise college fees and upkeep.
I have always wanted to be independent. I thus started thinking of starting a small school. My people value education a lot. My daughter wants to become an engineer and I keep encouraging her a lot.
I enjoy watching movies. I can sit a whole day patiently watching a story unfold.

My Business

Describe your business or income source in at least 300 characters
Currently I provide accommodation. I give rooms and get some rent. Houses are in demand as people who come to work in the town I live need accommodation and a place to stay. It was easy to run as it does not involve me a lot. I intend to convert the rooms into a school once I raise the funds. Currently the costs are minimum apart from expansion. The tenants pau rent which is my revenue. I save and expand. I pay fees for children and meet my other life demands.

Loan Proposal

With the loan I will buy some sand which goes for kshs 9000 a lorry and pay cement at a hardware shop awaiting othe funds to commence work. I will there fore have offset expenses for the next phase of the building and wiil sleep easy.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$141.00

Date disbursed

Jun 16, 2016

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $5.80

Lenders

J

jeffb

United States

H

Heja

Hamburg, Germany

D

Delph007

Den Haag, Netherlands

Kylie

Mount Martha, Australia

K

Krokslatt

Mölndal, Sweden

cyrus0302

San Francisco, United States

G

geoffk

Brisbane, Australia

J

JBosshardt

Redmond, United States

Raoul72

Naarden, Netherlands

T

treyh

San Diego, CA, United States

rickytherhino

Decatur, United States

B

beowulf911

Yarmouth, Canada

J

JakeA

Wellington, New Zealand

rodcul

Altea, Spain

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

jpterry

Port Richey, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

EmilAsker

Lomma, Sweden

indeh

London, United Kingdom

J

Jaslogic

Castle Rock, United States

Shasta

Erie, United States

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

P

planespotter

Berlin, Germany

lorello

Vicopisano, Italy

B

BClay

Campbell, United States

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

P

Patrick5678

Beijing, China

Y

Yevrahs

Dallas, Texas, United States

J

jjoshua2

Hanover, United States

A

alkemyst

Geneve, Switzerland

JC

Jordi Cohen

New York, NY, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

dlpringle

Denver, United States

DavidHS

United Kingdom

K

Keith

Luxembourg

J

jennie

Guatemala

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Donald

United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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