Construction of rental house and shops

Frank

Donholm Phase 8, Kenya

100% repaid

Entrepreneur

Name

Frank

Member since

January 2014

On-time repayments

141 installments  •  71%

About Me

I am 38yrs old, Kenyan citizen, first born in a family of four, I hold a Diploma in IT. Am from Meru county but I reside in Donholm. Am employed by KPLC. am married and expecting first early next year.

My Business

I got a space within Donholm where i live to setup a car wash. Happy i the got and its a great venture because its within residential area where there so many cars due to high population living around. I will be charging $1.50 per car and lorry $5,will have 3 employees, 1 washing machine and will install cctv cameras to monitor number of cars come and go when am at my normal work. with $700 dollars am able to setup and start running in a 1 week. i have $150 with me. investors i need to raise the balance to achieve my goal. i target to clean at least 20 vehicles in a day hence i will be able to repay my loan without much struggle every week.

Loan Proposal

I would like to construct 6simple single rooms for rental at $50 each and 7 shops for rental at $30 each per month respectively. In a month i will be earning a total of $510 per month hence i will be able to repay the loan without struggle.
i will build my financial freedom, clear my school fees till November this year and my bother who is in university till 2018. i would like to start giving back to community where by i will educate a boy and a gal from my village who lack school fees and they are bright kids.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$804.00

Date disbursed

Jun 18, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Daniel

Brussels, Belgium

N

nani

austin, United States

T

Tmann

Los Angeles, United States

C

CWS

Huntington beach, ca, United States

G

GalantnostS

Hong Kong, Hong Kong

N

Neoptol

Zell am See, Austria

M

Monarch84

Las Vegas, United States

artzrouni

Pau, France

D

DerChristian

Rostock, Germany

J

jgpryor

Williamsport, PA, United States

investor

Candiac, Canada

Jakub

Velke Svatonovice, Czech Republic

canadianlstan

Toronto, Canada

TG

The Gwarden

Göteborg, Sweden

torelizer

Reggio Emilia, Italy

M

MrMc2

Saugerties, United States

T

tatts2000

melbourne, Australia

D

drakekids

Greensboro, United States

S

Spassmacher

46244 Bottrop, Germany

G

glosoli

Boston, United States

KaraM

Somerville, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

jesuisneil

MATTESON, United States

S Flower

Australia

E

erozlum

Istanbul, Turkey

S

SarahJoy

Peterborough, Canada

G

guido

Valladolid, Spain

L

lumlum

Renens, Switzerland

aarongabrielson

Heber City, United States

EHTHighSchool

Egg Harbor Township, United States

S

shuBVU

Kitakyushu, Japan

Silver

Steiermark, Austria

Straetman

Kaarst, Germany

G

golivera

Lima, Peru

F

Forba

Mo i Rana, Norway

A

argentpepper

Boston, United States

artnking

College Place, United States

Kjartan

Oslo, Norway

Alessandro

Verona, Italy

petitnekomimi

Milverton, United Kingdom

Y

Yoggs

Columbus, United States

S

searthsong

Colorado Springs, United States

C

Coyote137

Portland, OR, United States

H

Hynek

Brussels, Belgium

Pere

Barcelona, Spain

S

share

Whitby, Canada

C

ChrisID

Vancouver, Canada

O

oasis

Boise, United States

C

cjmenchaca

Austin, United States

E

ericcamden

Berkeley, United States

E

elkbrett

Bradenton, United States

Kysera

Crawfordsville, United States

J

JaMinLu

Concord, United States

B

blahblah

Nuernberg, Germany

CharlieBfl

Vaduz, Liechtenstein

P

paixful

Coalhurst, Canada

G D Export

Kolkata, India

M

MiguelC

Chicago, United States

rasmus

Bern, Switzerland

Quentin

Toronto, Canada

J

Jeb33red

Bourne end, United Kingdom

Cloudways

Malta, Malta

Walter86

Napoli, Italy

J

jdfoote

Evanston, United States

yosefchayim

Bournemouth, United Kingdom

Maartje

Hinteregg, Switzerland

zphelj

Dallas, United States

ads68

Melbourne, Australia

M

mkellerman

Shanghai, China

A

Adam3333

Hague, Netherlands

panamaman

Philadelphia, United States

fairspirit

Utrecht, Netherlands

MDILLENB

Aschaffenburg, Germany

J

JMSR18

Monterrey, Mexico

K

kikusin

Shanghai, China

T

Travtroe

Lanesboro, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

CA

Chris and Janet

Portland, OR USA, United States

mikeoberhaus

San Francisco, United States

GarmdGriek

Oslo, Norway

F

Frenchie

Johannesburg, United Arab Emirates

F

Forfex

Zurich, Switzerland

B

bertvdlingen

utrecht, Netherlands

mojobob

Hayward, United States

andreatagliatti

Manchester, United Kingdom

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

J

jfragisk

Toronto, Canada

M

Mountainmanduy

San Jose, United States

markpearson

Portsmouth, United Kingdom

stanbogdanov

Sofia, Bulgaria

E

E

Marin county, United States

L

Lennert

Alphen aan den Rijn, Netherlands

Evan Lamos

Brussels, Belgium

pvilliger

Zurich, Switzerland

A

adildzhalilov

United States

cc5alive

Los Angeles, United States

J

JacobvdW

Netherlands

ScholaNatura

Czech Republic

X

xavier

Toronto, Canada

Paul Buchheit

Mountain View, United States

bcortazar

Peckville, United States

L

leumasmc

United States

M

marcof

Netherlands

Agerfar

Aarhus, Denmark

mepster

San Francisco, Ca, United States

H

hixeu

Belgium

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

pixelsebi

Berlin, Germany

Loungin

United States

Mikers

Netherlands

K

Keith

Luxembourg

Bryan

Houston, United States

K

KiraDee

United States

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

B

BigRosie

United States

KM

Kirsty M

United Kingdom

WA

With a little help

Groningen, Netherlands

C

cooltaj

Alexander, United States

C

CSM

Berlin, Germany

CC

Catherine CatDesignz

Halifax, United Kingdom

Gab

Singapore

Ben Triola

St. Louis, United States

A

AmyLuYenYin

Brisbane, Australia

MZ

Matt Zirwas

United States

Cassian Opara

London / Dubai, United Arab Emirates

Felix

Munich, Germany

SMOICE

Berlin, Germany

wissam

Jeddah, Saudi Arabia

Carlo Cruz

Cincinnati, OH, United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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

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  • Frank    Oct 24, 2022

    I wish to request a loan adjustment payment plan please due to the difficulties of getting avocados consistently. This is due to the crop change season. I will be shifting to the mango business because they are available and in season now. From there, I will be able to service the load easily.

    Thankful

    Frank Mutuma

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  • Frank    Sep 24, 2022

    Thank you all for approving my loan. I appreciate it. It's macadamia season in Meru, so I want to be buying direct from farmers at a cheaper price and selling to companies. The funds will boost my capital to enable me to buy more kgs because I have a pickup. This will help make more cash. 
    Once again, I take this opportunity to thank you all for trusting and believing in me. May God bless you all.

    Regards
    Frank mutuma

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  • Frank    Nov 2, 2019

    Hi lenders, am happy to post that I was able to clear the loan balance all at once. Am still hopeful that next project will be successful and I won't face any problem.
    Thank you so much for Yr help. Will be back soon.

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  • Frank    Jan 16, 2019

    Hi lenders, am here to notify u hv been going thru tuff times to an extend I couldn't even be able to talk to u after by of car wash business was demolished and shops I hd too due to family differences. Went to a loss of over 200,000.00 ksh. The screen of acc balance. But am.hoping to normalize thing by end of January and resume to clear balance by end of Feb.

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  • Samuel    Jul 3, 2018

    I have reminded Frank about his due which are in arrears and promised to settle this week.

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  • Frank    Jun 2, 2018

    thank you lenders. have just received my cash of ksh 37,000.00. this will go a long way to help me set up by business next wk.

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  • Frank    Jun 1, 2018

    wow am lost of words lenders. thank you so so much for believing in me and i promise i will do my best to repay and increase my loan limit.
    be blessed.

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  • Frank    May 27, 2018

    i wish to request i get a loan to do a structure to avoid washing the cars directly from the river. i will be pumping water from the river instead due to environmental laws that have been put in place to reserve our rivers.

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  • Frank    Dec 3, 2017

    lenders please help to expand my business.

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  • Emma    Nov 19, 2017

    Frank.... the avocado's were so good to see being grown... they're an amazing food....... I have to say I'm quite disappointed to see you going into dairy yoghurt making :-(

    Have you considered selling coconut yoghurt, or soy yoghurt?? There is a growing market for this as more & more research is coming out regarding the negative effects of dairy on our health (and the environment: methane gases from the cows)... Also, as there is less people selling/making this, it would give you a great point of difference :-)

    If you do decide to make non-dairy yoghurts like coconut or soy yoghurt, I will happily contribute & make sure your loan is funded... but I'm sorry to say, now that you're so involved with the dairy industry, I can't really stand behind you anymore... our environment is just too important...

    But I hope life is making you smile nonetheless :-)
    All the best, Emma.

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    • (Comment deleted by author)

      • Frank    Nov 28, 2017

        thank you and i hope to get support on this one.

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    • Frank    Nov 28, 2017

      thank you for yr suggestion and i will put that into consideration. sad to know u cant support me on this.

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  • Frank    Nov 19, 2017

    i wish to apply for this loan to help expand my new Mojoland Dairy yogurt business. lenders help me achieve my dreams. Thank you in advance.

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  • Frank    Jul 9, 2017

    am sorry for payment delay. heard a problem with payment but now am okey en no more delay till i clear my balance.

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  • Frank    May 29, 2017

    hey all, am doing well though with heavy rains and plenty of avocados the business is slow but i cant complain. i make cash to repay loan and i get extra cash. but not like at first when i started.

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  • Frank    Mar 6, 2017

    Thank you lenders I received my loan this morning. be blessed and it took less than 36hrs from acceptance time. I promise to pay on tym to regain back my rate and hoping to start the business by next wk Monday.

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  • Frank    Mar 4, 2017

    am lost of words that my loan in a span of 2-4days it was fully funded. thank you for trusting me again.

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  • Frank    Mar 4, 2017

    wow thank you investors for trusting again after i heard setback in my last loan i heard of which my limit would have increased to over 1000usd. but from next week i will roll out and i know this time i will repay on time. be blessed for believing in me. i will do my best to honor yr trust in me.

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  • Emma    Feb 27, 2017

    Hi Frank :-) Just wanted to say good luck with the Avocado Business :-) A bit of a shame you're involved in the beef production industry... But hopefully you're avocado business will grow to such a level that you won't need to have anything to do with the cattle industry anymore... Fingers crossed :-) All the best, Emma.

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    • Frank    Feb 27, 2017

      Why say its a shame? I didn't get your point there honestly. Beef farming is small scale as in I keep 2 bulls and sell after few months.

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      • (Comment deleted by author)

        • (Comment deleted by author)

        • Frank    Mar 4, 2017

          oh i get yr point. will in future venture in large scale farming of chilli or vertical farming of spinach.

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  • Frank    Feb 26, 2017

    the last loan helped me to construct shops for rental. i will post the shops pictures on Monday. it has help me to cater things i couldn't and also clear other loans i heard borrowed. i heard few hiccups in relaying late but am better now and all is at peace am ready to roll out my next business venture. i want to work hard and save for holiday to Zanzibar this year.

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  • Frank    Jun 18, 2016

    Thank you so much for lending me again. i will continue to be royal and am starting the construction come Monday 20th of June 2016.

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  • Frank    Jun 11, 2016

    Sorry have been away. thank you for those who have funded me so far. am really looking forward to get fully funded to be able to implement the project. here have attached pictures of where to put the houses. for the stalls i will post next wk.

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