Bright pay as you go solar energy rental services

Tola

Sagamu, Nigeria

100% repaid

Entrepreneur

Name

Tola

Member since

January 2019

On-time repayments

35 installments  •  69%

About Me

Engr :TOLA ADETOLA ERINLE (MANAGING DIRECTOR) (BSC) Physics Electronic (MSC) Material Science. He is a network engineer (Cisco Certified), (Mikrotik Certified) Certified Project Manager Experience with ExxonMobil, Shell and NIIT, GIS Rural Electrification Planning Expert
He has supervised several projects cutting across networks telecommunication. He has attended several workshops, exhibitions, trainings in Nigeria on solar energy as both facilitators. He is vast in electronic engineering and has extensive experience in solar energy.
Member Nigeria Institute Of Management, Member Institute Of Engineer

My Business

BRIGHT SOLAR RENTAL SYSTEMS energy technologies. We aim to reduce poverty by combining social development objectives with market principles.Bright Solar Power is a social enterprise because we connect our mission with a business solution; we’re creating jobs for youth by employing them to distribute life-changing products to residents. For each product sold, sales agents earn a commission and Bright Solar Power retains a small profit, which is reinvested in our growth.
Bright Solar Power reaches the youth who would otherwise have an opportunity to become entrepreneurs and provides them with a holistic package of business training and marketing support.

Loan Proposal

Bright solar power will ZIDISHA loans for support our purchase and distribution of small solar home systems. Energy for the small solar home systems is generated by a solar panel, and the system can power a few lights, a radio, plasma led TV and charge mobile phones. Bright solar power also provides technical training and reliable customer services to households who install the solar energy system.


Solar Home systems are self sufficient rural home electrification systems Bright solar power packages contains a Solar Panel, batteries, basic lighting and mobile phone charging ports which address the basic power needs of an off grid household. we distributes these systems to rural households on a rent to own model. The customer pays a small amount upfront and continues to buy energy credits from Solar Home on a flexible payment schedule to ultimately own the equipment after ~24 or 30 months. The company has provided solar systems to 300 households till date.

Bigger loan are needed Am interested in $10,000 loan that will help to turnaround my business. I will use this loan to repay and take another loan to increase my limit to the said amount

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Loan Info

Project Type

Classic Loan

Disbursed amount

$496.00

Date disbursed

Apr 14, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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