A loan of $5,000 helped to establish a solar product shop.

Geshom's story

Geshom is an entrepreneur from Dodoma, Tanzania, an area which has a large demand for solar power. He is 51 years old with three kids and a wife. He worked for Tanesco (Tanzania Electric Supply Company Limited) until 2012 and therefore has great experience in the energy sector.

Geshom is a promising and motivated entrepreneur. His vision is to start a solar product business and even own a shop to sell products to people in rural areas. Only about 4% of the population in rural Tanzania has access to electricity and the national grid. Therefore, providing solar products has a great impact on people’s lives and may contribute to empower the population in rural areas. For instance, businesses may extend their shop hours, people can offer mobile phone charging stations, or children can study for school after nightfall.

Due to his former occupation as an electrical technician, he has a lot of connections in the energy sector as well as technical knowledge. This will help a great deal when setting up a business.

He is convinced that he can sell 10 products per day! Thus, he is eager to get access to a loan. Among other expenses, this loan will be used to purchase solar inventory, rent a shop space, and buy a motorbike in order to provide after-sales service to the customers.

Loan details

Lenders and lending teams

Loan details