Reuben Kamau

Kiptangwanyi, Kenya

24% repaid

Entrepreneur

Name

Reuben Kamau

Member since

November 2011

On-time repayments

15 installments  •  7%

About Me

I am married with 8 children. Five of them are schooling. I live in kiptangwanyi shopping centre where I operate the business of a hotel .Kiptangwanyi is about 42km from Nakuru which is our nearest major town. I live in my own plot number 2325 house number 1.

My Business

My business entails operating a hotel which is in Kiptangwanyi shopping centre. the business has a high demand as a result of the nearby secondary and a prmary school where I get most of my customers. the main challenges that the business encounter are high cost of foodstuffs, frequent power rationing and high cost of living. currently I am using my revenues to expand the business premises and to improve my custome services.

Loan Proposal

I will use my loan to expand my business. I would also like to buy a refrigerator so that I can be able to provide fresh products and also to store drinks such as soda and milk for a long time.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$450.77

Date disbursed

Jan 13, 2012

Repayment status

Late

Projected term

16 months

Cost to entrepreneur

Lender interest: $450.77 at 3.53% annual rate over 16 months = $21.22

Service fee: $20.97

Lenders

joerg

Berlin, Germany

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

E

Errol

Bradenton, FL, United States

W

wmonroe

Paris, France

M

mzeb

fort myers, United States

G

Givemoreuseless

Waterloo, Canada

EricDWalters

Rochester, Mn, Usa, United States

J

johan

Oslo, Norway

Spyque

Saint James, United States

M

MiguelGago

Guimarães, Portugal

C

chkuo

Taipei, Taiwan

S

Slater86

Sydney, Australia

davelowe100

Perryville, United States

mbunifu

San Jose, United States

H

hickorynut

Hickory, United States

D

drakekids

Greensboro, United States

G

glosoli

Boston, United States

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