Renovations

Robert

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Robert

Member since

June 2017

On-time repayments

131 installments  •  83%

About Me

Hello, my name is Robert and I work in real estate. I have a few shops in development and wanted to construct more. I am requesting a loan so that I may  put up more shopping structures as to grow my real estate business and income.

My Business

I work at real estate company which has two small shopping malls and over forty tenants. I'll be using this money acquired for the loan to create shopping kiosks using shipping containers ( 8-by-40 foot steel containers)  The kiosks will be built in the rural l area of Limuru, to help the low working class have a place to sale they're goods and services thus increasing they're household income. My hope is to help my community and grow my business too.

Loan Proposal

I work at real estate company which has over fifteen houses/apartments and over fifty tenants. Most of the houses are in good condition but some need renovations. I'll be using this money acquired for the the loan to do those renovations on all the houses, I need to replace some roofing also put in some new water pumps and water trunks. I'll also fix the tiling in the bathrooms and put a new coats of paint inside and outside the houses. Once the houses are renovated I can increase the houses rent by 10% to generate more income.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

4 months

Lenders

CN

Craig Newmark

United States

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