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Shylocking loan

John DoeJ
EntrepreneurNancyLocationKiambu, Kenya
Project status
100%funded
$32raised
Disbursedon July 12, 2017

I am Nancy Nyambura from Kiambu county in Banana area. I started school at st. john kiambu and finished class eight in which i proceeded to high school in Kiambu.I am an entrepreneur and an investor too .My parents were unsuccessful business oriented minds and i wanna change the trend and provides exclusively positive way as far as business entities are concerned. My land is not such unique but the normal around me belongs to different communities and hence different cultural beliefs. I want my children to be educated and explore their natural talents to attain prosperity

I would like to open a shylock company whereby i will lending money to people in exchange of their valuable products such as tvs and laptops and refigerator as security in case they fail or default with terms i will be able to sell them to recover my money.The business in my place because people around there requires very urgent loans where other financial institutions do not provide at such a time. The typical costs of operating is quite minimal and around 10000 KES will do well.The business accrues large profit of about 2000 KES daily on average.I will the profit to educate my children and to improve my family background by indulging in long term investment project

I will use the loan in renting an office that accommodate me and the property acting as security for my clients who partners with me.I will also use the loan to lend it to my potential customers with a condition that they return them back with interest.