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
Dear sir/madam
I am requesting for a loan to help me register my business as a private limited company so that I am able to get goverment and big companies tenders. The kenyan government has 30% slot for youths with companies to supplier products to them.I recently missed $2000 contract due to lack of registered company and I am keen to prevent these in future,The registration process requires $250. I will use the loan to add to my savings to get the work done.Thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 1, 2015
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
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