Distributing solar lights to homes that lack electricity
Christine
Machakos, Kenya
100% repaid
Entrepreneur
Name
Christine
Member since
March 2016
On-time repayments
253 installments • 62%
About Me
Hi Lenders,
Thank you for always supporting my journey. I’m a Zidisha beneficiary seeking an 8th loan. With this money I seek to support my recently started Social Media Management consultancy. Due to the pandemic, many people especially customers have resorted to going online and making their purchases there. The challenge is that most of the entrepreneurs are yet to move their businesses online and this is due to the gap in technological skills. I have done the market research and this is a business that has the possibility to grow and even offer people jobs in the long run.
My Business
This business is going to offer social media management to entrepreneurs who are not technologically savvy. So far all the proceeds from this have gone towards setting up the business. I have so far registered the business, bought a laptop and a modem.
With the loan I will take 2 courses on how to develop systems when running an online business. If it was more, I would purchase a professional camera. With the income I would be able to expand from operating virtually only.
Loan Proposal
I wish to use the money given to purchase quality solar products to sell within off-grid areas (i.e Makueni and Kajiado Counties). This a very good business venture which will do well in these areas. I will be able to sell the solar products to some of my already existing clients who will use the lighting source to extend their working hours. I will use USD 400 as capital to purchase the products from which I will be able to get profit of USD 100 per Month which will enable me to pay the loan, as I invest in the business. It will also greatly improve my family's quality of life
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Loan Info
Project Type
Classic Loan
Disbursed amount
$400.00
Date disbursed
Jun 4, 2019
Repayment status
On Time
Projected term
21 months
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