An investor who is purchasing a property in Diani is looking for a short term financier of Kes 15m, payable in 3 years. His proposal is as below.
I have a proposition for anyone interested but it has to be finalised in 10 days maximum. I can raise 52% of the agreed purchase price and need Kes 15m to complete. Need a business investor who will fund the 15m returning a 31% profit in 3 years.
The money owed will be paid in 3 yearly installments of 5M a year PLUS a bonus of 1.55M. So on an investment of 15 million say the total repayable will be 19.65 M which by my calculation is a 31% profit in 3 years.