Building low-cost rental homes

Billy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Billy

Member since

December 2019

On-time repayments

78 installments  •  50%

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

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$416.00

Date disbursed

Apr 12, 2020

Repayment status

On Time

Projected term

2 months

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

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

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  • Billy    Jun 30, 2021

    Covid

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  • Lewish    Jun 21, 2021

    I've talked to him and expanded in adjusting the repayment schedule that he didn't understand.

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  • Billy    Jun 1, 2021

    Covid 19

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  • Billy    May 31, 2021

    Covid -19 effects.

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  • Lewish    May 17, 2021

    I've spoken to Billy and he's agreed to continue his repayment schedule soon.

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  • Billy    Mar 16, 2021

    Covid -19

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  • Wendy Emlyn    Mar 10, 2021

    Hello Billy.
    Are you able to make any more payments yet?
    God bless you,
    Wendy

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  • Billy    Jan 27, 2021

    Things are tough but I am handling things.

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  • Billy    Dec 29, 2020

    Kindly approve.

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  • Wendy Emlyn    Dec 27, 2020

    Hello Billy.
    Are you able to make any more payments yet?
    God bless you,
    Wendy

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  • Erick    Dec 18, 2020

    I tried to contact Billy but he was not reachable, I spoke with his references who promised to speak to him, once am able to speak with him I will give an update.

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  • Billy    Oct 26, 2020

    Things haven't been rousy I will strive to clear the debt asap.

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  • Justus    Oct 22, 2020

    The member will adjust the instalment amount

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  • Billy    Sep 24, 2020

    Our salary was reduced by 30% and the same has not been reinstated.

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  • Billy    Aug 9, 2020

    We have had our salary reduced by 30%. I still don't know why the employer has taken this drastic step.

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  • Billy    Jun 30, 2020

    We have been sent on unpaid leave but I will make sure I clear the loan before end of August.

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  • Paul    Jun 26, 2020

    I contacted Billy, he saidthe pandemic affected his project and most of the material he bought did not arrive on time, he promised to start making payments once hes on his feet.

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  • Billy    May 29, 2020

    I will pay the labourers with the loan amount.

    Thank you for the loan.

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  • Billy    May 26, 2020

    We have completed the process of making bricks we are now set to embark on construction of the low cost units. The loan will be used to pay the labour expenses.

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  • Billy    May 25, 2020

    The bricks are ready for building, I intend to use the loan to pay the contractor.

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