Providing entrepreneurship training online

Clifford

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Clifford

Member since

February 2019

On-time repayments

52 installments • 67%

About Me

Trainer of trainers, tax expert, who provides training in the Micro SME sector.Areas of operation is mainly around informal sectors.The Government recently rolled out specific tax measures aimed at providing support to businesses affected during this Covid period and the aim is to provide this training to the group affected.

My Business

Typically conduct training in more than one centre at a go.These training sessions hold 20 to 35 pax.We also provide basic training on taxes/licensing and business regulatory environment.Each session is charged a fee.

Loan Proposal

The funds will be used to disseminate training to various informal traders on the recent tax incentives passed by the Govt towards SME in response to Covid - 19 pandemic.

The training will be conducted via Zoom.The funds will be used to aid in onboarding language translators to be used in the videos, sign language experts and purchase of airtime for bundles for the groups that will be trained in halls, albeit practising social distance protocols.

The benefit to be derived would be informed traders able to take advantage of Govt incentives to operate at optimum levels, given reduced business.My firm ability to undertake this training, will also enable us, get more training opportunities.

Income Source

The payment model for this facility is tiered in 3 levels:

1. The participants are paying a subsidised model to attend the training and as they accrue benefits, they will be coming for more modules at a nominal fee.My customer base is informal traders operating in the food industry, with FMCG as their primary sector, which operates on a cash basis and not credit days

2. The Govt has rolled out an initiative that, as a tax trainer, should you be able to prove that you have trained various players on the tax incentives and the participants are unable to pay you.The Govt will refund you costs incurred.

3.Our customers are contractually obligated (via use of post dated cheques, which is a legal document, whose non adherence could land someone in jail in our juridsiction).