Selling bulbs

Gibson

Thika, Kenya

100% paid forward

Entrepreneur

Name

Gibson

Member since

August 2016

On-time repayments

26 installments  •  38%

About Me

I am a young man who has a great acumen for business. I believe in acquiring loans and investing to create jobs for the ever increasing youth population.
I believe that when I acquire a loan and pay on time I do increase my credit worthy and as such I will grow financially and be able to invest greater in near future.
Thank you.

My Business

My business-by the name woncols enterprises -is a subsidiary unit of the PK technology situated in Kenya.
It's a sole business that offers quality guidance and knowledge transfer to our youths when they are purchasing electronic goods to ensure that our youths do not become victims of the compromised quality in the business of electronics.
I believe if quality is controlled then a country will achieve an overall economic growth.

Project Proposal

I buy and resell bulbs
1 bulb I buy at 40 kes and resell at 60
It is a good business but capital-intensive.
Selling is done at all kiosks in muranga county.
Wholesellers are locate din Nairobi Nyamakima market.
Please fund me with kes 50,000 and I will be able to expand the business.
Type of Bulb
There are three main types of energy-efficient bulbs commonly available:

LED (light-emitting diode): An LED is a semiconductor that emits light when current moves through it. LEDs are the most efficient, longest-lasting and most affordable energy-efficient bulbs available.
CFL (compact fluorescent): CFLs are much more efficient than incandescent bulbs, but they’re not nearly as efficient as LEDs. While CFLs are an option on the list of our top picks, they are largely supplanted by LEDs due to their lower efficiency and the fact that CFLs contain small amounts of toxic mercury, making handling and disposal problematic. Some countries have banned the disposal of CFLs in regular garbage.
Halogen: Halogen bulbs aren’t on our list, but they’re still around in the U.S. and worth a mention. This technology uses halogen gas to increase light output and lifespan. They are more efficient and longer-lived than incandescent bulbs but generate significantly more heat than LEDs or CFLs.
Shape and Size
Choosing the shape and size of your energy-efficient light bulbs is part aesthetics, part function. Aesthetics aside, a bulb’s shape affects light dispersion, filament types and more. Bulb shapes are represented by letters on the box:

Standard (A): Commonly used for household applications
Globe (G): A full, rounded shape used in foyer lights, kitchens, bathroom vanities and ornamental fixtures
Bullet (B), Candle (C), Flare (F): Also known as Candelabra bulbs, which look similar to holiday lamps, they are often used in chandeliers, night lights, ornamental lighting and low-watt applications
Reflector (R): Have a mirror-like coating inside of the glass boosting output and are commonly used as outdoor lights and for high, vaulted ceilings
Straight-sided (S): Short, round-shaped bulbs used similarly as standard A bulbs
Tubular (T): Oblong-shaped, halogen T bulbs usually have two double-ended pins
Tear (ST): Classic Edison shape, perfect for vintage ambiance and decorative flair
The numbers on the side of bulb boxes refer to the bulb’s widest point, an important factor when considering if a bulb will fit where it needs to go.

Temperature of Lighting
A bulb’s hue and light color are called temperature, measured in Kelvins. Warm light (2700K-3000K) produces a yellowish glow for a relaxing and intimate feel. Cool light (3500K-4100K) yields a clean, efficient and welcoming ambiance. Daylight (5000K-6500K) creates a bluish-white light comparable to the sun at noon on a cloudless day.

Brightness
In the old days, bulb brightness was measured in watts. Watts still matter, but not so much in determining the brightness of an energy-saving light bulb. Modern LEDs use incandescent wattage as a point of reference, displaying watt equivalents. The brightness of LED bulbs is also listed in lumens. The more lumens, the greater the light output. When looking for brightness, think lumens, not watts. Here’s a general rule of thumb from the Department of Energy:

To replace a 100-watt incandescent bulb, look for a bulb that gives you about 1600 lumens. If you want something dimmer, go for fewer lumens; if you prefer brighter light, look for more lumens.
Replace a 75W bulb with an energy-saving bulb that gives you about 1100 lumens.
Replace a 60W bulb with an energy-saving bulb that gives you about 800 lumens.
Replace a 40W bulb with an energy-saving bulb that gives you about 450 lumens.
Compatibility
Most energy-efficient light bulb purchases will be the standard A-type with a conventional screw-in base, and they’re nearly all designed to be compatible with your home’s existing fixtures. If you have smart-home devices, make sure to purchase smart lighting. For 12-volt appliances, you’ll need to make sure your new bulb is compatible with the fixture’s voltage rating, base and spatial constraints.

My Videos

Jul 18, 2021: Me and self

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$5.00

Date disbursed

Dec 16, 2022

Backers

Brian Masai

Nairobi, Kenya

Wilborn

Eldoret, Kenya

Kevin

Nairobi, Kenya

Ask Gibson a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Gibson    Nov 17, 2023

    thank u for the loan offer, good thank you, am so happy, thank you. thank ou again and again, thank you guys thank you guys

    Log in to reply • Share
  • Gibson    Mar 1, 2023

    Asanteni sana kwa kunisupport
    Success is our words
    Thamk you much!
    Business now starting this week

    Log in to reply • Share
  • Gibson    Feb 28, 2023

    Made a profit of 600 kes.
    It was a great project and am expecting to increase the revenue in the forth coming project.

    Log in to reply • Share
  • Gibson    Feb 23, 2023

    The project was a success. Earned 400 kes profit. I thank whoever funded the project. I will be able to increase my stock as well.

    Log in to reply • Share
  • Gibson    Jan 1, 2023

    I made a profit of 200 kes. As a result of selling the bulbs I purchased,

    Log in to reply • Share
  • Gibson    Sep 19, 2017

    hello there guys.

    Log in to reply • Share
  • Michael    Jul 24, 2017

    I have finally gotten in touch with Gibson Mwangi, after so many days of trying he has finally picked up my call, we have agreed that he is going to pay up the whole amount in three days time. I will be following up on the same. Thank you

    Log in to reply • Share
  • Michael    Jul 3, 2017

    Gibson Mwangi does not pick up my phone calls whenever I call him, I was then forced to call his community leader Stephen Macharia of whom stated that he wasn't aware that he had been put as a referee for Gibson, i explained to him all about Zidisha and he promised to assist to talk to Gibson so that we can have the loan repaid. I am still awaiting feebdack from him. Thank you

    Log in to reply • Share
  • Michael    Jun 28, 2017

    Hi Gibson, trusting you are well, kindly remember to pay your weekly premium because if you do not do so, it might negatively impact your credit score, thanks and good day

    Log in to reply • Share
  • Gibson    May 27, 2017

    I will buy energy saving bulbs at kes 55 per bulb and resell at kes110 and hence make a profit of kes55 per bulb.
    The profit will help me to repay back the loan so that i can qualify for more money in the near future.
    Thank you very much for offering to assist me.

    God bless you.

    Log in to reply • Share
  • TomF925    Nov 27, 2016

    I hope you are well. If business is slow, maybe contact Zidisha and decrease loan payments and add time.

    Log in to reply • Share
  • Gibson    Sep 19, 2016

    I recieved your loan and i am grateful for that.
    I am progressing well and i will make a full payment by the 25th of this month.
    Thank you so much again for your affordable loans.

    Log in to reply • Share
  • Gibson    Sep 6, 2016

    I will buy mobile phone chargers from a wholesaler then I do resell.

    Log in to reply • Share
  • TomF925    Sep 6, 2016

    Hello Gibson! I am wondering, do you think that solar lamps would be desired by the nearby rural communities? Perhaps it is a growth area for you. Some types of lamps can be used to charge mobile phones.

    Log in to reply • Share
    • Gibson    Sep 19, 2016

      I am reviewing that proposal and i am going to visit 3 rural areas of muranga county and conduct a survey to establish if occupants of the county can be willing for such products.

      Log in to reply • Share


Loading...

Loading...

Loading...