Lithium batteries assembling

Eliud

Nairobi, Kenya

113% paid forward

Entrepreneur

Name

Eliud

Member since

June 2023

On-time repayments

2 installments  •  50%

About Me

My name is Eliud Gitauh, a Kenyan aged 48 years and an ICT professional.

I have been in IT business for over 15 years but unfortunately, Covid-19 came and destroyed our business very much.

Due to that, I have recently ventured on Lithium Batteries Assembling and I have seen business catching up.

My Business

My Business involves Assembling of Brand new Lithium Batteries which ranges from 40AH, 60AH, 100AH, 200AH, 300AH, 400AH and 800AH.

Due to the hike in cost of electricity, alot of people are now migrating to OFF GRID (Solar Power)

This calls for the best Batteries and this was the reason which made me to venture in this business.

Per week I tend to have over 16 orders of 100AH or 200AH Lithium Batteries.

But due to the constrains in financial part, I only manage to sustain either 2 or 4 Batteries per week.

100AH Lithium battery I sell at around 15,000 where I make a profit of 7,000

While a 200AH battery I sell at 25000 and make around 10000 in profit.

Project Proposal

My business involves Assembling of brand new Lithium Batteries.

My Batteries ranges from 40AH to 800AH.

In the meantime, am having an urgent order of 2pcs 100AH Lithium Batteries but I do have some financial constrains.

By being helped through this, I will be able to buy the remaining raw materials and complete my order.

This will help me to get a profit of Kh 6,000.

I will be happy to as well give back to the Zidisha community by donating to help someone the way I will be helped here.

Thanking you in advance

Eliud Gitau

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$9.00

Date disbursed

Jun 21, 2023

Other projects

Backers

Zuhura

Nairobi, Kenya

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