Building affordable rental homes

Nicholas Mungai

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nicholas Mungai

Location

Nairobi, Kenya

On-time repayments

70 weekly installments  •  93%

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

After finishing the setup of the ground floor of my rental units and ensuring 100% occupancy, the plan is to proceed to the first floor for the project to be completed.

I hereby seek funds to push through with this agenda, your help will go a long way!

God bless!

Income Source

As i am still permanently employed, i believe that my salary will stand in the gap in a long way, to caution me from defaulting. Additionally, i run a few businesses which will further complement my cash flow.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$422.02

Date disbursed

Nov 29, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $40.76

Credit risk payment: $36.68

Lenders

cyrus0302

San Francisco, United States

lietu

Tallinn, Estonia

Kjartan

Oslo, Norway

B

bgj21

Cambridge, United Kingdom

Cloudways

Malta, Malta

IM

Isak Maaseide

Tromso, Norway, Norway

R

rebdhen

Louisville, United States

S

SheilaB

Nashville, United States

J

Johannes

Pirmasens, Germany

M

Moonknight

Østre Gausdal, Norway

ruediger00

Montreal, Canada

KrautFunding

Hamburg, Germany

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

Kristin Rhodes

Kansas City, Kansas, United States

Emma

Australia

AH

ajay hampapur

United States

Paul Smithson

Leeds, United Kingdom

VC

Victor Chong

United States

JZ

Julia Zaks

United States

LM

Lee Montecucco

Washington State, United States

AC

Adri C

United States

DO

Denis Ontiveros

Guildford, United Kingdom

CM

Chris Mueller

United States

Sayuri

United Kingdom

CL

Caleb Liu

United States

Maria Lawler

United States

V

Vic

Finland

S

Sebastian

Netherlands

C

Chris

United States

SH

St H

Germany

DK

Daniel Kalla

Saint Paul, United States

Utahna

United States

CG

Chris Greene

Birmingham, AL, United States

Tony Barbou

Grenoble, France

E

Emanuele

Genoa, Italy

Brian Herrmann

Chicago, United States

Tiff Reagan

Salem, Oregon, United States

FS

Finlay Stuart

United Kingdom

W

Wim

Deventer, Netherlands

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

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