Building low-cost rental homes

Billy Ndolo

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Billy Ndolo

Location

Nairobi, Kenya

On-time repayments

74 weekly installments  •  47%

About Me

I'm a Lawyer and I also do business, I also intend to be a landlord since I'm in the process of building rental houses in my rural town. I would also like to venture into other businesses in future like setting up a hardware and also engaging in large scale farming.

My Business

I work as a Lawyer employed in a law firm but I also do other personal cases to supplement my income and I'm in the process of building rental houses in my rural town. The first phase of the project is almost complete, and I'm looking forward to starting the second phase in March 2020.

Loan Proposal

I have already built and completed phase one of the low cost houses and now in the process of concluding phase 2 of the houses. I have bought most of the materials for phase 2 and I intend to start in May God willing. Zidisha has been with me through the whole journey and I thank them for that.

Income Source

We are still going to work but in two shifts for purposes of maintaining social distance. Our employer still intends to pay us for the next three weeks as I do work in an motor insurance company and motor vehicles are still moving around.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$416.63

Date disbursed

Apr 12, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: 10% of $416.63 = $37.45

Credit risk payment: $63.68

Lenders

lietu

Tallinn, Estonia

Cloudways

Malta, Malta

J

Johannes

Pirmasens, Germany

A

AndrewC

London, United Kingdom

markpearson

Portsmouth, United Kingdom

dlpringle

Denver, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

Aran Dunlop

United States

Paul Smithson

Leeds, United Kingdom

MC

United States

SH

Steven Huntington

London, United Kingdom

I

isaac

United Kingdom

Vratik Krocik

Prague, Czech Republic

JH

Joseph Hwang

Houston, United States

Nick Studenski

Minneapolis, United States

Sayuri

United Kingdom

M

Maria

Germany

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