Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi

News

[ALERT] Kenyan On Interpol’s Most-Wanted List Puts Up His Business For Funding On Europe’s Social Impact Investing Platform

A Kenyan fraudster on the run from the Rwandan Authorities, believe it or not, has put up his newest project for financing on a leading crowdfunding site, link here, a social impact investing platform.

Mr. Nathan Loyd Ndungu previously ran an outfit called Avo Health EPZ Limited (the Company), an entity that was wound up in 2015 due to financial distress, sinking with millions of shillings belonging to creditors, including Kenya SME fund.

Now, looks like the turn to get a piece of the “Social Impact Investors” pie.

This adds to the call to investors to be careful of the cause behind which they put their hard-earned money. Sometimes, like in this case, the worst is not that they will lose their money which obviously they will, the worst is that their money actually causes harm and damages local communities who they were trying to help in the first place.

Your guess is as good as mine as to what the fugitive whose names lies alongside Rwandan genocide suspects in the 2014 Rwandan extradition list can do with the money.

According to its website, Lendahand is an online impact investing platform, where socially conscious investors can invest in entrepreneurs and sustainable initiatives in emerging countries.

This is clearly a case of someone sleeping on the job and not doing even basic due diligence. After all, there is no shortage of ventures in Kenya and Africa which the socially conscious investors can back.

Concerned Impact Investor.


Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.


Comments

comments

Click to comment

Facebook

You May Also Like

News

*Editor’s Note: This open letter to Safaricom has been published as received. No redactions have taken place to avoid legal issues pending a court...

News

This is an intervention for Victoria Rubadiri so as to help her revert back to factory settings. We notice your slow drift away into...

News

Caption : Edwin Kigen Who was Murdered in Madaraka Estate. We demand for answers from Boinnet ! Another young man may have been brutally assaulted and...

News

CAPTION: Reformed street-urchins like this lot are dominating the airwaves and being allowed to spread the disease of anti-intellectualism.  As you may have all...

Copyright © 2020 Cyprian Is Nyakundi.