Entrepreneur
Name
Nicholas
Member since
December 2016
On-time repayments
85 installments • 94%
About Me
A highly determined and focused individual, who was brought up among five siblings through rather hard times in the rural area of Nakuru in Kenya. I did manage to go through school, excelling well to become a well experienced technocrat in IT, Business and Real Estate
My Business
I am currently employed, and still run side businesses in Real Estate, Fitness and Agriculture.
My Real estate business, involves construction and renting out of studios and single unit houses to low to medium income bracket. This business is capital intensive and hence my being here, to appeal to like-minded people to support me in this journey.
Loan Proposal
If awarded, all amounts of the loan will go towards finishing fittings on the newly constructed rentals spaces, before putting them into the market. The final touches have been delayed due to the ongoing COVID-19 pandemic.
I look forward to earning approximately Kes 100,000 from the said units, and using a good portion of this sum to repay my Zidisha loan.
This property will serve to accommodate many small-to-middle income Kenyans, in line with the government's initiative for affordable housing programmes.
Income Source
I will be able to supplement loan repayments from my salary since i am still formally employed. Thanks
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Jun 24, 2020
Repayment status
On Time
Projected term
4 weeks
Other loans
Lenders
Østre Gausdal, Norway
Australia
United States
United States
Washington DC, United States
Sweden
Republic of Korea
Houston, United States
Ask Nicholas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$197.09
Amount remaining
$0.00
Date repaid
Aug 6, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 4, 2020 | $54.20 | Jul 6, 2020 | $54.20 |
| Jul 11, 2020 | $54.20 | Jul 13, 2020 | $54.20 |
| Jul 18, 2020 | $54.20 | Jul 21, 2020 | $54.20 |
| Jul 25, 2020 | $34.49 | Aug 6, 2020 | $34.49 |
Chris Aug 16, 2020
John Aug 12, 2020
Loading...