Shylocking loan

Nancy

Kiambu, Kenya

Funds disbursed

$0 to go

100% funded of $32 goal

0

days left

Entrepreneur

Name

Nancy

Member since

July 2017

On-time repayments

33 installments  •  0%

About Me

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

My Business

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

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$32.00

Date disbursed

Jul 12, 2017

Repayment status

Late

Projected term

7 months

Lenders

Humble Bundle Community

San Francisco, United States

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