Concrete fencing posts to save trees

Lebani

Migosi, Kenya

42% repaid

Entrepreneur

Name

Lebani

Member since

July 2015

On-time repayments

135 installments  •  9%

About Me

my childhood life was full of difficulties,i walked long distances to and from school and did not give up. I finished my secondary school and did not proceed to tertiary institution for lack of money.
Life become difficult ,my parents were struggling to pay fees for my siblings and I could not sit back and let them struggle a lone.I started working as casual laborer in a quarry and moved to a construction site.I save $20 every month in our self help group and after one year I took a loan of $500 .i invested the money, in air ventilators and fencing post manufacturing. the business picked up well and I am now establishing myself as a supplier.
I have one child , aged 1 year .my hobbies include drawing,molding and fabrication. i love nature and the enviroment and always palnt trees and educate my peers on the importance of trees.I also watch football,play football and coach a local team.

My Business

I make concrete fencing poles and ventilators and sell them to contractors individuals and schools. i make good quality concrete fencing poles and ventilators and that has always given me a competitive edge against competitors.
There is increase of formal housing and need for long lasting fencing materials and that has pushed up the demand.
I choose these business because I love nature and the environment and thought that making concrete fencing posts will reduce trees cut down for fencing purposes.
I have invested $1000 in my business and buy and make products frequently.my average monthly profits is $250 per month.I always reinvest the money and educate my siblings with my income

Loan Proposal

hello lenders,I believe you are well and fine. I am well here just working hard to better my country. I am requesting for a loan of $200 that I would use to make concrete fencing post for sale to my customers. I would add $400 to the loan so as to boost the business. The business would help me earn revenue and also help me save trees that are cut for fencing purpose. thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Sep 16, 2015

Repayment status

Late

Projected term

30 months

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  • Lebani    Dec 7, 2015

    My business is not doing well at the moment due to lack ,I wish to readjust my payments

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  • Lebani    Nov 10, 2015

    hey lenders, I am working round the clock to make the payments once I sell my current stock

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  • Lebani    Nov 2, 2015

    thank you lenders,I made payments on Friday and I am waiting for the same to reflect.

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  • Lebani    Oct 21, 2015

    Good morning,I have a lot of unsold stock,I am kindly asking you dear lenders to let me reduce my rates till when the business picks up.

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  • Lebani    Sep 15, 2015

    I will buy materials for fencing posts,the loan will help me improve my business.thank you

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  • Lebani    Sep 4, 2015

    Thank you dear lenders ,My business is now registered and I can fight for government tenders too.

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  • Lebani    Jul 25, 2015

    A day off to watch Young enterpneurs,they give me hope. Welcome home @POTUS

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  • Lebani    Jul 25, 2015

    good morning lenders

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  • Lebani    Jul 24, 2015

    Hello lenders,please support my business registration process

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