Solar lights installation and shop inventory enhancement

Jerry

Kitui , Kenya

$147 to go

28% funded of $203 goal

days left

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How it Works

Entrepreneur

Name

Jerry

Member since

June 2017

On-time repayments

34 installments • 85%

About Me

I am Jerry Mutunga Mutua hailing from Kitui County, Kenya. In the illustrious year of 2021, I proudly obtained my Bachelor of Science degree in Environmental Science with a specialization in Information Technology from Maseno University. Faced with the dearth of employment opportunities in my homeland, I made the audacious decision to embark on a new journey as an entrepreneur.

In my current capacity as the esteemed manager at Hotcircle Investments, I am tasked with the formidable responsibility of overseeing the sales and profitability of the enterprise. With unwavering dedication, I meticulously manage budgets, cultivate customer relations, and diligently uphold pricing and stock control protocols. Drawing upon my extensive 2.5+ years of experience in this pivotal role, I adeptly analyze sales data and revenue reports to craft strategic forecasts that drive optimal performance and foster sustainable growth.

Beyond my entrepreneurial pursuits, I am a multifaceted individual with a diverse array of talents. In addition to my business acumen, I also thrive as a proficient freelancer and a soulful gospel artist. My entrepreneurial endeavors are not confined to theory; they are manifested in the tangible form of an active and thriving business operation situated within the picturesque landscapes of Kitui County.

My Business

Hotcircle Investments is a dynamic and forward-thinking enterprise that specializes in providing high-quality products and services to our valued customers. With a keen focus on innovation and customer satisfaction, we have carved a niche for ourselves in the competitive market landscape. Our commitment to excellence is reflected in every aspect of our operations, from sourcing top-notch products to delivering exceptional customer service. At Hotcircle Investments, we strive to exceed expectations and build lasting relationships with our clientele. Our dedication to quality, integrity, and professionalism sets us apart as a trusted and reliable partner for all business needs.

Project Proposal

This loan will be allocated for two primary purposes:
1. Solar Installation: Due to frequent power blackouts affecting our operations, we plan to invest in solar panel installation to ensure a reliable and sustainable power source. This initiative will not only mitigate the impact of power outages on our business but also contribute to environmentally friendly practices.
2. Shop Inventory Enhancement: A portion of the loan will be allocated to enhance our shop inventory. This strategic investment will enable us to expand our product offerings, meet customer demand more effectively, and enhance overall sales revenue.

Loan Utilization Breakdown:
- Solar Installation: kes 16,000 ( $124)
- Shop Inventory Enhancement: kes 10,000 ($77)
Benefits to Our Business:
- Reliable power supply through solar installation for uninterrupted operations.
- Improved shop inventory to meet customer demand and boost sales.
- Enhanced operational efficiency and resilience against power blackouts.
We are confident that this strategic investment will not only address the challenges posed by unreliable power supply but also drive growth and sustainability in our business. Thanks in advance.