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
Continue to increase stock of solar lamps. My intention is to supply as many as possible with a purchase power on wholesale. This way I will increase the profit margin while reaching out to bigger needy community.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Oct 6, 2016
Repayment status
On Time
Projected term
6 weeks
Ask Flora a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.