Timber and iron sheets for construction of a rental house

Barnabas Wesonga

Busia, Kenya

100% repaid

Entrepreneur

Name

Barnabas Wesonga

Location

Busia, Kenya

On-time repayments

285 weekly installments  •  63%

About Me

Hi Zidisha team! May I take this opportunity to thank you for the loans I have received so far from Zidisha. They have made my life change for the better. My name is Barnabas Mubasu Wesonga. I am the second born in a family of six. I live in Airstrip estate, which is found in Busia town along Busia-Kisumu Highway. I have changed my work, so currently I work as a ward administrator for Marachi Central Ward in Busia County. I worked hard during my school days, and currently I hold a degree: a Bachelor of Arts (Communication and Media Technology) with Information Technology from Maseno University.

I operate a classic barber shop and a hardware store. I started my businesses because I wanted to make an extra coin as well as create employment opportunities for the youth that I have employed in my businesses. I live in a country where everyone is struggling to make ends meet in life. I want to make sure I invest for my grandchildren so that they don't struggle much in life. I have an interest in helping deprived, excluded and vulnerable children and youth, so I take part in sensitizing the youth to avoid drug abuse and live responsibly.

My Business

Currently, I own a classic barbershop and a hardware store. The barbershop is in high demand because everybody wants to look smart and beautiful. For the hardware store, Busia County is rapidly developing, creating a high demand for building materials. I decided to be part of the solution by providing affordable construction materials as we aim at achieving the goals set for Vision 2030. My major expenses include rent for the businesses, electricity bills, licenses and wages for my casual employees. My revenues are profit and the money paid for the services received. I use my profit to pay school fees for my brother and daughter, pay rent for the businesses, purchase more stock, and support my parents and the community.

Loan Proposal

Dear lenders,
Once more, thank you for your continuous support. I have applied for another loan again to enable me complete my ongoing construction of a rental house. In Busia town, there is housing problem, and since it has been made County Headquarters, things may worsen if we as the youth don't become innovative. Through my savings from taxi business and pool business, and earnings, I was able to acquire a plot in town, and now I am building a rental house. Things have become tough when I realized I had run out of cash. But then I knew Zidisha would save me put a roof to the building. Iron sheets cost Kshs. 60000 (USD 666) while timber costs Kshs. 30000 (USD 333). I will get revenue from rent if the house is complete, a part from solving housing problem in Busia town. Rent in Busia for such a big house is about Kshs. 10,000 per month. Through my taxi business, I make approximately Kshs. 2000 a day for five days a week, so I will be in a position to repay my loan. Thanks in advance for your support to me and many.

Show original English  

About Me

Hi Zidisha team! May I take this opportunity to thank you for the loans I have received so far from Zidisha. They have made my life to change to the better. My name is Barnabas Mubasu Wesonga. I am the second born in a family of six. I live in Airstrip estate which is found in Busia town along Busia-Kisumu Highway. I have changed my work, so currently I work as a ward administrator for Marachi Central Ward in Busia County. I worked hard during my school days and currently, I hold a degree of Bachelor of Arts (Communication and Media Technology) with Information Technology from Maseno University. I operate a classic berber shop and a hardware. I started my businesses because I wanted to make an extra coin as well as create employment opportunities for the youth that I have employed in my businesses. I live in a country where everyone is struggling to make ends meet in life. I want to make sure I invest for my grand children so that they don't struggle much in life. I have an interest in helping deprived, excluded and vulnerable children and youth, so I take part in sensitizing the youth to avoid drug abuse and live responsibly.

My Business

Currently, I own a classic barber shop and hardware. The barber shop is on high demand because everybody wants to look smart and beautiful. For the hardware, Busia County is rapidly developing hence creating a high demand for building materials. I decided to be part of the solution by providing affordable construction materials as we aim at achieving the goals set for Vision 2030. My major expenses include rent for the businesses, electricity bills, licenses and wages for my casual employees. My revenues are profit and the money paid for the services received. I use my profit to pay school fees for my brother and daughter, pay rent for the businesses, purchase more stock and support my parents and the community.

Loan Proposal

Dear lenders,
Once more, thank you for your continuous support. I have applied for another loan again to enable me complete my ongoing construction of a rental house. In Busia town, there is housing problem, and since it has been made County Headquarters, things may worsen if we as the youth don't become innovative. Through my savings from taxi business and pool business, and earnings, I was able to acquire a plot in town, and now I am building a rental house. Things have become tough when I realized I had run out of cash. But then I knew Zidisha would save me put a roof to the building. Iron sheets cost Kshs. 60000 (USD 666) while timber costs Kshs. 30000 (USD 333). I will get revenue from rent if the house is complete, a part from solving housing problem in Busia town. Rent in Busia for such a big house is about Kshs. 10,000 per month. Through my taxi business, I make approximately Kshs. 2000 a day for five days a week, so I will be in a position to repay my loan. Thanks in advance for your support to me and many.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$597.61

Date disbursed

Jun 11, 2015

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Service fee: $29.88

Lenders

J

Jason

New Jersey, United States

S

SeeBiscuit

Reston, United States

A

andyfletcher

I want my "My loans" page back, Qatar

T

Tallago3

Munich, Germany

michellev

Melbourne, Australia

M

mason243

Denver Colorado, United States

J

Jennifer

Minneapolis, United States

B

briansedz

Canton, Ohio, United States

eaganlender

Kalamazoo, United States

J

JoycaLeplae

Gent, Belgium

D

duckdork

De Forest, United States

S

silsley

Cheltenham, United Kingdom

P

pignolet

zurich, Switzerland

D

dannimw

Victoria BC, United Kingdom

Bobrm2k3

Charleston, United States

Winona

Yakima, United States

JTShorty

Gorham, Maine, United States

E

erlingre

Sør-Fron, Norway

O

ocnis

Seattle, United States

B

Badass78camaro

Mohnton, Pa, United States

C

Csquared

United States

D

dajja

Stockholm, Sweden

T

thebonseung

Republic of Korea

T

tlbtlbtlb

United States

camden01

Connecticut, United States

Paul Buchheit

Mountain View, United States

F

FSO

Canada

J

jdallatezza

United States

S

sarah4d2

Saint Louis, United States

L

luckiestmonkey

United States

R

rwebb

United States

Mun

Orlando, FL, United States

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

R

reganbrian

United States

Hoops

United States

M

Marielle

United States

A

aajmp

United States

G

gvstars

United States

R

Rajendra

Jamkhed 413201 Maharashtr, India

GerryBonneau

Terrebonne, Canada

G

Gfunkey

United States

S

smanda

United States

J

JamieRobertson

United Kingdom

M

Millie_and_Babs

United Kingdom

A

amarzaidi1995

United Kingdom

Vitus

Czech Republic

A

abdul4

Indonesia

N

NickiW

United Kingdom

S

StefanB

Stockholm, Sweden

K

Kebrenagast

New York, United States

R

rokbe

Netherlands

Andrew267

Birmingham, United Kingdom

S

seanos

Nottingham, United Kingdom

SuperMario28

Cudahy, United States

F

Foster

United Kingdom

B

bwmoore

United States

AKWatson3

Norwalk, United States

P

Pinkhobgoblin

United Kingdom

P

ppokcire

United States

J

Jack123

United States

stephen sontag

Narragansett, United States

Michelle

Sydney, Australia

J

Joe

New York, United States

thoru

Dresden, Germany

E

Erich

Zurich, Switzerland

D

Doug

Baltimore, United States

Fabian Linzberger

Vienna, Austria

U

Ulrich

Switzerland

P

Patty

Colorado Springs, United States

JD

Jo Dane

Melbourne, Australia

Dominik Wagner

Karlsruhe, Germany

PT

Pattie Thomas

United States

J

Jernej

Ljubljana, Slovenia

MH

Meghan Hughes

United States

WE

Wendy Emlyn

Devon, United Kingdom

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