🇰🇪 Lutrina Construction is a construction company from Kenya, based in Nairobi. They build houses and small commercial buildings for clients like developers and landowners.
They act as the main contractor — meaning they manage the whole project, buy materials, hire subcontractors, and make sure everything is completed on time and within budget. They don’t do most of the physical construction themselves yet, but plan to start doing some of it using their own equipment.
Key facts
🔵 Founded: 2018
🔵 Location: Nairobi, Kenya
🔵 Owner: Fully owned by CEO Doreen Kendi Mukami
🔵 Business type: Construction company (general contractor)
🔵 Operating model: Asset-light (uses subcontractors instead of own workers/equipment)
🔵 Clients: Property developers, landowners, small commercial investors
🔵 Team: Small internal team + external subcontractors
Financial performance
🔵 Revenue is growing every year (from ~€2.7M in 2023 to ~€3.4M in 2025)
🔵 Profitable every year
🔵 Net profit:
🔵 2023: ~€126K
🔵 2024: ~€138K
🔵 2025: ~€171K
🔵 Margins are currently low (because they use subcontractors)
🔵 Profits expected to increase strongly in 2026–2027 after buying their own equipment
Loan details
🔵 Total loan: €500,000
🔵 Risk score: BBB
🔵 Interest rate: 23.40% APR
🔵 Term: 9 months
🔵 Debt-to-equity: 1.28
🔵 LTV: 92%
🔵 Credit history: 8/10
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