Cash flow

Fred Ngumba

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Fred Ngumba

Member since

May 2019

On-time repayments

2 installments  •  100%

About Me

My name is Fred.I run several businesses of which all have suffered because of covid.One of my businesses is hire of mobile toilets to the events industry.This business has stalled as there are no events taking place.My second business is recycling.I collect alumnium cans,plastic bottles and glass bottles. At the moment I am driving an uber of which I own.

My Business

I am currently driving my uber.I collect plastic bottles and cans from various establishments once a week.Recycling centres are not buying my bottles at the moment because of covid.In a nutshell I am focused more on uber since my other businesses are on a go slow.

Loan Proposal

I have casual workers whom I pay on a daily basis.The loan will offset this expense.I will therefore be able to operate seamlessly.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$24.97

Date disbursed

May 24, 2019

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.05

Credit risk payment: $6.31

Other loans

Lenders

L

ldron7

Utah, United States

AWeber

Washington, DC, United States

F

fisaire

Ithaca, United States

Cloudways

Malta, Malta

AdvancingCompassion

San Diego, United States

countrygirl

Spring Green, United States

ads68

Melbourne, Australia

L

Lennert

Alphen aan den Rijn, Netherlands

M

MarkKrakow

Joliet, United States

pvilliger

Zurich, Switzerland

ThomasJosef

Berlin, Germany

Ask Fred a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...