Digital cooperative savings

Abraham Were

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Abraham Were

Member since

September 2016

On-time repayments

50 installments  •  54%

About Me

I'm an accountant by training with considerable working experience in export, insurance and real estate development sectors. I'm currently engaged in a venture capital raising strategy in the emerging and now fairly advanced financial markets. So far I've gained substantial experience on new demand for merchandise, aquaculture, agricultural and horticultural produce in emerging markets in the Far Eastern countries.

My Business

My income consists of an employment salary as well as sale proceeds, interest, dividends and bonuses from diverse investment in listed stocks and financial instruments, with a desire of achieving an investment portfolio substantial enough to both raise venture capital as well as be able to secure credit for a business enterprise to be set up.

Loan Proposal

Increase Savings in mobile phone operated Digital Savings and Credit Cooperative Society and thereby increasing monthly interest earnings and also building ample collateral for a variety of cheap credit products offered, which I intend to further build my portfolio by investing in higher yielding unit trusts.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.89

Date disbursed

Aug 4, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $0.26

Credit risk payment: $0.52

Lenders

CJ

Chris Jones

Seattle, United States

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