Renew recycle reuse

Flora

Kugeria, Kenya

100% repaid

Entrepreneur

Name

Flora

Member since

June 2014

On-time repayments

93 installments  •  20%

About Me

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.

My Business

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

Loan Proposal

I am targeting to reach a loan range of Ksh.100,000 (US$1,000) to purchase goods thar will be sold at a profit of 30%. This will not only see the company grow but will start building a solid ground for employment and other opportunities within the community. On reaching the target I hope to lay a solid strategy for achieving and sustaining these goals is extensive public relations, campaign, recruit well-trained enthusiastic staff, deliver superior product knowledge and provide high quality customer service. I keep my costs down in order to offer competitive pricing on quality packages.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

May 8, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Zidisha

Sterling, United States

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