Modern cooking stoves

Johnbosco

Mombasa/ Bamburi, Kenya

100% repaid

Entrepreneur

Name

Johnbosco

Member since

September 2014

On-time repayments

165 installments  •  48%

About Me

My childhood education was back in the mid 90s. With all kind of struggling. I came to hate poverty. That's why i decided to come up with a project that it will generate at least a shilling per day.Most of my income from my current employee goes to my business. Im looking forward to have a business with a strong base foundation that will make meknown to the market with ease without incurring more expenses on marketing. I like reading motivational materials during my free time, to get to know how successful people came to make it in their life, how investors making their way in this industry of wealth creation.

My Business

Currently, my business is all about going green. making use of solar energy. Selling of solar products to people living in remote areas mostly those that are off-grid areas.
With my products in the market, most of my clients are able to obtain power through the sun. The products range from solar panels, solar batteries, dlight products, sunking pro400, sunking Boom among others. Have got lots of varieties that make me visible in every market that I visit. Currently, most of my clients actually preferred solar TV which I m also working towards it since is quite expensive. Since we also have some PAYG phones most clients have expressed interest in the same which I'm also doing my research to see if I can add to my catalog.
This business is most profitable as more and more people are shifting to green energy. Though my biggest target group is off-grid areas but still am also getting customers to those people living in on-grid areas.
Am still strengthening the business with the profit that I'm getting in this business.
The cost of one solar light varies depending on the manufacturing company, such as dlights s2 cost ksh.550 and market price is ksh. 950 which is almost double the cost price. sunking pro400 cost ksh. 2300 and the market price stand at ksh.4200. Solar panel 60w cost ksh.5200 while selling price is ksh.7200. Basically in each solar light, I get almost double the cost price which is very encouraging.

Loan Proposal

with the ksh.13688 that I am applying, I will be able to add stock in my business. Currently have solar products which am selling but my customer also needs modern cooking stoves that consume less charcoal. I want to buy more stock on this modern cooking stoves. Currently some few stock left but due to the high demand I want to add more stock of it.
One cooking stove am getting at a cost price of ksh. 2500 or $25. With that I will be able to sale one cooking stove at ksh. 3990 or $39.9, that translate to a profit of ksh.1490 or $14.9.
This modern cooking stoves are currently the best and fast moving product in the Kenya market. So far am getting a positive market response for this products that are going hand in hand with my other solar products.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$138.00

Date disbursed

Jan 20, 2017

Repayment status

On Time

Projected term

2 months

Lenders

Treesforpeople

Oxfordshire, United Kingdom

TomF925

www.AfricaLeap.com, United States

Paul Buchheit

Mountain View, United States

Mike and Jacqui

United Kingdom

Jan

Netherlands

PG

Paul Graham

United States

John Minges

United States

Christopher Hey

Sudbury, Canada

LS

Leah Stemeroff

Toronto, Canada, Canada

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

V

Vince

Wagga Wagga, Australia

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Johnbosco a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Johnbosco    Jan 21, 2022

    The business is doing fine though with some challenges here and there but so far everything is running out well. Big thanks to zidisha members for their continuous support to improve my business. Looking forward to buy more varieties of solar products in my next loan. Thanks

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  • Johnbosco    Dec 31, 2021

    Thanks very much for funding my project, indeed your support is doing a great work in my life and those who depends on me. Also for the community they're able to save some money by using clean energy. Thanks once again zidisha members for this great opportunity.

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  • Benjamin Brown    Dec 31, 2021

    Best of luck!

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  • Johnbosco    Dec 28, 2021

    I am back again with another proposal, thanks zidisha members for the just completed loan that I was given. Through the loan I was able to get more stock which has greatly contributed to my business growth. I am keen to see the great business expansion.

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  • Johnbosco    Nov 28, 2021

    Would like to have the friendly repayment rather than one time repayment after two weeks which is going to interfere with the cash flow

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  • Johnbosco    Nov 16, 2021

    Sunking boom, sunking pro 400 and Pico and portable radio

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  • Johnbosco    Nov 16, 2021

    The stock is on circulation, hoping to get good revenues from the solar lamp sales.

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  • Johnbosco    Nov 14, 2021

    Thank you all for funding my project, it's a great honour to put your trust on my project. I believe this will go along way in boosting my inventory and get more revenue. Looking forward to timely repayment. Thanks all once again.

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  • Ernest    Nov 9, 2021

    Keep it up

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  • Johnbosco    Oct 4, 2020

    Hello zidisha team, just to let you know that I am back to business. I hope everything will run smoothly from my end. Thanks very much for your support and encouragement, many thanks.

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  • Johnbosco    Dec 8, 2019

    I have managed to clear my loan, though at a slower rate than I was expecting. But I hope next time things will run smoothly. Many thanks for funding my project. Looking forward to work with you again, soon.

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  • Johnbosco    Nov 22, 2018

    will be paying each month total of 5,000 ie from dec-april , ill be through with the repayment. I can say that currently am gaining momentum and looking forward to work with you again. I really want to have a stable business.
    Thanks.

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  • Emma    Sep 27, 2018

    I hope you're ok John... Do let us know how you're going?

    It might be worth asking the zidisha team to lower your repayments so they are more manageable for you: www.zidisha.org/forum-threa...

    I hope life is still making you smile...
    All the best, Emma from Australia.

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  • Emma    Jul 15, 2018

    You've still got our support John :-) I hope you're doing ok? Do let us know how you're going...
    Emma.

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  • Amos    May 11, 2018

    Dear Lenders I have spoken to Mr. Johnbosco and informed him of benefits on rescheduling than missing payments.. He promised to continue making payments

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  • Johnbosco    Apr 13, 2018

    Sorry for this delay, but am starting making partial payment today.

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  • Amos    Apr 10, 2018

    Lenders Jonbosco has informed me that he intends to make payments soon..Amos Shutu V M Mtwapa

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  • Amos    Mar 8, 2018

    Dear Lenders I have talked to him on phone and he has promised to update you and also start making payments soon. Amos Shutu V M Mtwapa

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  • Amos    Feb 2, 2018

    Dear Lenders I have spoken to Johnbosco and he said the main challenge was the hospital bill that was high but he really feel sorry for missing payments .He will start paying soon .Amos Shutu V M Mtwapa

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  • TomF925    Nov 25, 2017

    Sorry to hear about your family member. Be sure to contact Zidisha directly about changing your payments. Best wishes and thanks again for the inspiring photo in September.

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