Name
Flora
Member since
June 2014
On-time repayments
93 installments • 20%
My name is Flora, running a business in Nairobi Kenya. I have been pushing solar lamps into to the market as a reseller. my goal is to distribute my own brand of Solar Equipments within Africa.
I have been in business for over ten years. Initially the business was based on waste management which has been shelved temporarily to allow growth in renewable energy as we await government policies on waste management to be implemented.
The Lamps are slow movers however with the introduction of garden lights, torches and street light, the business seem to be stabilizing. I have at least 5 sales representatives who are earning commission on sales. The demand is high however the cost of purchase is a limitation to supply of the demand
I have an exixting renew and recycle bussiness that deals with recycling of plastic and reselling solar systems. The business continue to grow with market demand going up. I am looking for funds to support this market demand.
I intend to buy at least 5 more Solar Lamps each at US$15. This will be used to grow the business.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$539.00
Date disbursed
May 21, 2017
Repayment status
On Time
Projected term
12 months
Ask Flora a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.