Solar lamp

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

there is a demand of Solar products for security lighting. this products are reliable and very much cost saving. the new stock has been advanced with automatic settings and can be controlled remotely.

my intension is to introduced the new upgraded product to the market, whose revenue and turnover is promising.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jul 12, 2019

Repayment status

On Time

Projected term

2 weeks

Lenders

Sayuri

United Kingdom

Ask Flora 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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  • Flora    Aug 8, 2019

    Thank you

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  • Flora    Mar 22, 2019

    Thank you for the offer of the large loan. Unfortunately I was unable to meet my obligation of advance payment and I cancelled the approval. The account shows cleared but I still receive demand SMS on my phone from FINLEY number 0739003336 or bulk sms 346539. Please confirm status

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  • Chris Schaefer    Jul 12, 2017

    Hello Flora,
    Could you drop us a line please on how business is currently going?
    Best of luck,
    Chris

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  • TomF925    May 6, 2017

    You are requesting a much larger loan ($539.00) than your previous loans. A little more detailed information and additional photos would be helpful. Good luck with your business! A photo of you and a lamp with one of your customers would make the project come alive.

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  • Flora    May 1, 2017

    Dear Sir,

    The business has started picking and requires refinancing in order to meet the market demand. My previous loan was to increase the business Lamps stock.

    A new loan will assist grow even further

    Regards


    Flora Kinuthia

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  • Elizabeth    Apr 27, 2017

    I called Flora n she had some issues that were affecting n she's still willing to pay she's will do so this werk

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  • Flora    Apr 27, 2017

    Dear sir,

    I used the money for Buying recycling Plastic for bailing and resell. The business is to renew and recycle.

    Thank you very much well appreciated.

    Regards

    Flora Kinuthia

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  • Elizabeth    Apr 27, 2017

    Hey, called Flora she's repaying her loan today she's ok

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  • Flora    Feb 28, 2017

    Thank you Mark, Delos and Karen. I truly appreciate your support. This will go a long way to realizing the road map of my business

    Regards


    Flora Kinuthia

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  • Flora    Feb 28, 2017

    With the current demand of improving life at low cost we have seen a change of consumption on solar items. The demand is starting to pick however the repayment from the customer is slow.

    The demand has encouraged me to increase on the product and therefore need at least one more solar lamp in my stock whenever possible. At this late I see myself putting up a kiosk with solar systems for sale, thank you to the lenders who continuosly support the efforts.

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  • Flora    Dec 13, 2016

    Dear Carla,

    Thank you very much for trusting me and supporting me with the loan. This will indeed go a long way to support my business of retailing solar equipment's. So far I have a stock of a couple lamps, which I keep selling and rotate the profit back to the business hoping to buildup amount to promote the business to installation of solar panels, streetlights and Solar water heaters.

    Once again thank you for lending the amount.

    Regards

    Flora Kinuthia

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  • Flora    Dec 8, 2016

    Still struggling to stabilize solar business. The loan went a long way to increase at lease an asset. Slowly but sure the stocks value is increasing which will eventually increase on the revenue.

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  • Flora    Oct 4, 2016

    Thank you Hans, this will go a long way to build up this Solar business. Every journey start with a step. Thank you very much

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  • Flora    Oct 4, 2016

    Additional stock, now I have accumulated about a dozen lamps which raise at lease 15% each. At this rate I will achieve a wholesale solar lamp provider

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  • Flora    Aug 22, 2016

    You continue to send messages to my reference yet payment has been made in full.

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  • Flora    Aug 22, 2016

    The Loan was too little to fund the project, thus not helping much. however with little addition i managed to get a single unit for display and advertisement.

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  • Flora    Jul 8, 2016

    I will pay collectors for waste plastic for recycling to facilitate an order and deliver to manufacturer

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  • zaroastra    Jul 6, 2016

    I've funded 100% :)
    Good luck and good work!
    gogogogo

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