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
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$9.00
Date disbursed
Jul 12, 2019
Repayment status
On Time
Projected term
2 weeks
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