Lonah

Gilgil Town, Kenya

87% repaid

Entrepreneur

Name

Lonah

Member since

March 2013

On-time repayments

11 installments  •  64%

About Me

my name is lonah wairimu butha. i was born in muranga county 46 years ago . i attended kanyayaini primary and secondary school where i did my o levels in 1986 i settled in gilgil town in 1994 after i was married.i started self employment after i realized that i need more money to educate my 2 children and also to meet their up keep. my business of manly to purchase low power transmission poles and resell them to the treatment plants this business has helped me a lot since i have been able to purchase a plot in gilgil and i am currently constructing a house for myself i have also been able to educate my 2 children up to o levels. i am currently working with my son in my business while my daughter is undertaking a course as laboratory technician in machakos county and with zidisha platform she will even further her studies.

My Business

i am settled in gilgil town. my business is mainly to buy low power transmission poles and resell them to treatment plants. i started this business after i realized there is great demand for poles to transmit power to all parts of the country as you know Kenya is a developing country and demand for the same is very high most of the treatment plants do not go out there to search for this poles instead they wait for people like me to deliver them. that is why i was able to capitalize on this demand. i usually get my poles from the highlands of Kenya like kericho and kisii county where this poles are plenty and cheap this makes me to make good profit while satisfying my customers by giving them a better margin. the only risk my business faces is when we are in the rainy season where we are forced to use a lot of man power to get poles from valley areas though the profit margin is sustainable.i intend to do even better with zidisha platform

Loan Proposal

dear lenders and zidisha am so greatful to this platform, for giving me this chance to join lender all over the world. now i will be able to buy more materials to serve my customers.the transmition post that i supply for power is in a very high demand. now my drean has come true. thanks so much my lenders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Apr 2, 2013

Repayment status

Late

Projected term

12 months

Lenders

Silver

Steiermark, Austria

KirstenShute

Montreal, Canada

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

Ingela

Falun, Sweden

T

TowerOfLondon

Lynden, United States

V

Valis

Singapore, Singapore

sarna

Toronto, Canada

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