Lucia is requesting for a loan to help in renovation of the temporary houses. She want to refurbish the interior by putting soft-boards on the walls and also to paint both the interior and exterior. This will increase their demand as they will be appealing and hence experience an increase in revenue.
Lucia operates rental houses business. She has 10 permanent houses, 7 temporary (iron sheets) giving a total of 17 rooms. The main tenants are teachers and also some of people who work in Ngong’ town. The main challenge is lack of frequent water supply. To be competitive she has employed a watchman for security purposes and then tried keep the compound clean.
Bid Amount: 5.00
Interest Rate: 7.25 %
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