Solar lamps

Domnic

Kisumu, Kenya

6% repaid

Entrepreneur

Name

Domnic

Member since

July 2014

On-time repayments

216 installments  •  22%

About Me

Im domnic Obado aged 36yrs.male,leaved in kisumu kenya.have atained certivicate of secondary education,but went through hardship where by my mother use to pay my school fees through vending vegetables.business Im doing right now I started it by 2 lamps that I used to give my neighbour 1 lamp so that his children could read and do their homework at night.When the next neighbour so that light he approach me to give him the last lamp I remained with and pleaded with me,he even proposed that he will be giving me some little payment daily if I given out that lamp to his childern.I got it quite interesting and bought some 2 lamps after borrowing small money from my uncle,looked for some neigbours to give the lamps for a small fee but failed.tried the vegetable vendors and they took the lamps,right now there is demand for more lamps

My Business

I have some solar lanterns that I do take to local business vendors every sun-set for a small fee daily (hire basis),come every morning I do collect the lamps for recharge.the solar lanterns I have at the moment are still less because the demand is increasing.there is no electricity around the area,so I got much interest and try to make sure that every vendor has got some light.by getting something small I will be able to give my children better education,and to build a better house.Now thinking to get someone to help me distribuit and colleting the lamps everyday.

Loan Proposal

Hi Zidisha team.thank you very much for uplifting me financially. I'm requesting you again to lend me 53,741 KES.That is 530.7 USD.I want to open another solar lamps suply at the lake shore,that is along the beaches of lake victoria.I want purchase 25pcs of solar lamps,1pc cost 20 USD.by getting those lamps my profit will increase and from savings from the profit my kids will manage to go to school and also I will mange to build my houe.thank you very much.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$539.00

Date disbursed

Feb 23, 2016

Repayment status

Late

Projected term

39 months

Lenders

Treesforpeople

Oxfordshire, United Kingdom

TomF925

www.AfricaLeap.com, United States

The Zinc Team

San Francisco, United States

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