Leonard Kimai
Nairobi, Kenya
100% repaid
Name
Leonard Kimai
Member since
November 2017
On-time repayments
28 installments • 75%
Born on 4th September 1984 in Kenya being 7th born in a family of 10 children. Attended Sendera primary school in Bungoma County Mt Elgon District in the border between Kenya and Uganda. Went to Kisumu Day High School and later on joined Strathmore university where i did diploma in micro finance and currently pursuing degree in business management.
I paid my college fee alone by washing cars and carpets. I worked in a real estate firm selling plots, doing property management and debt collection so i learnt the techniques and decided to start my own real estate firm.
Mount Elgon is an extinct shield volcano on the border of Uganda and Kenya, north of Kisumu and west of Kitale. The mountain's highest point, named "Wagagai", is located entirely within Uganda. My children want to be serious businessmen and women in future and have always encouraged them to follow their dreams.
My favorite hobbies reading and researching in my area of specialization as well as other related areas in order to prepare myself for future opportunities and challenges.
Property management firm which entails sales and letting
Property managers are experienced in the business and are, therefore, better able to deal with wayward tenants as well as ensure that any necessary repairs are done quickly. Since property agencies know how rents within a region compare, we usually suggest optimum rental pricing for maximum tenant profit and tenant retention.
Property management firms are easy to manage and has higher returns as compared to other businesses. Also it needs small capital to start.
marketing costs
commission on rent collection, sales and letting
reinvestment in growing the business
Hi lenders,the loan will be used towards paying for my sons school fees. I was to pay 20 this term in order to allow her concentrate on he studies without distraction. i have been having a small hitch with my business which is a bit slow at this time but i hope it will pick up again soon.
Thanks in advance.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$33.00
Date disbursed
May 18, 2018
Repayment status
On Time
Projected term
1 week
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