Serving of gym equipments

Nicholas Mungai

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nicholas Mungai

Member since

December 2016

On-time repayments

85 installments  •  94%

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

The loan will be used to procure spare parts for exercise equipments at the gym, to ensure smooth and safe services.

Feedback

2

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Loan Info

Project Type

Classic Loan

Disbursed amount

$78.49

Date disbursed

May 20, 2019

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $3.31

Credit risk payment: $3.31

Optional expediting fee: $3.31

Lenders

Paul Buchheit

Mountain View, United States

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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  • Nicholas Mungai    Oct 22, 2022

    I have been able to finalize phase 2 of the project, comprising of finishing works for a rental property, painting and electrical works. Tenants already onboarded, thank you lenders for the support.

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  • Nicholas Mungai    Aug 17, 2022

    Business has been quite low on the backdrop of tensions from our national elections period. This is now past and we are looking forward to a positive business outlook for the remainder of the month of August.

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  • Nicholas Mungai    May 30, 2022

    Thank you for the loan lenders. Really appreciate you for funding my venture. God bless

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  • Nicholas Mungai    May 20, 2022

    Thank you for the loan, my premise will be ready for additional occupation thanks to you. God bless you all!

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  • Nicholas Mungai    May 17, 2022

    Attaching pictures of progress made so far, thank you investors for lending to support this venture.

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  • Joseph Kidali    May 16, 2022

    nice

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  • Nicholas Mungai    May 14, 2022

    Glad for the support. I was able to fix doors windows on my rental apartment. Also wired the place, occupancy already underway.

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  • Nicholas Mungai    Dec 16, 2021

    Thank you for the funding, much appreciated! This will go a long way in the project.
    God Bless

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  • Nicholas Mungai    Dec 7, 2021

    Thank you members for contributing to my project. Its time for action. God bless!

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  • Aaron Mackenzie    Dec 5, 2021

    Hizo nyumba naeza ona pia

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  • Agnes Chepkorir    Dec 5, 2021

    Please make sure that your business is running perfectly.

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  • Nicholas Mungai    Dec 5, 2021

    Progress photo of the top floor

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  • Nicholas Mungai    Dec 3, 2021

    The previous loan was used to finalize the finishing touches on a new block of houses, which was done successfully. We are heading to painting works, in the next few weeks.

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  • Nicholas Mungai    Nov 25, 2021

    Unforeseen project hiccups, an employee was injured necessitating medical interventions.

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  • Nicholas Mungai    Nov 11, 2021

    Unforeseen cash flow changes, owing to an emergency that arose.

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  • Nicholas Mungai    Sep 20, 2021

    Greetings. I confirm receipt of Kes 37500, thank you! This will help greatly to push my project forward.

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  • Nicholas Mungai    Sep 13, 2021

    Thanks lenders for the loan, much appreaciated.

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  • Nicholas Mungai    Sep 2, 2021

    Thank you lenders for advancing the loan, used towards procurement of door and windows for the premise. We are yet there, and hope to finalize this process so that plastering can commence. Thank you in advance.

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  • Nicholas Mungai    Aug 26, 2021

    Unforeseen medical expenses came up this week, I shall recover next week

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  • Nicholas Mungai    Jul 22, 2021

    I have a demise that has taken a toll on me this week. Kindly allow me to reschedule this week's payments. Thanks in advance

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