Kenya - Business creation project

Describe your project or startup in a few words

bola digital megatrinics actually deals with electrical power products ,accessories and mechanical power products inclusive of sirens ,reflectors ,side mirrors ,alarms,cctvs, Tvs ,mobile phones,msd cards and adapters ,batteries, solar system,car gears etc

01.01 Describe your project in more detail

this business shall affail the most and fundamental product near to and at easy close location to customers hence limiting long distance travel expenses and ensuring satisfaction with quality products even closer to clients.This bisiness also employs both literate and under literate from local labourforce and across the country at large since it involves both the distributers and even to the retail sector thus expanding employment to non employees of the named bola digital megatronics. Furthermore i have identified direct product suppliers who have got generally all class of products thus enabling reduced search of other products and also this suppliers serves as the most knowend as the best product manufactures just to say of powermax ,scanford and vasopack company .

01.02 What is the main problem you are trying to solve?

actually to say ,power products generally requires alot of capital to start but the good of it generally ensures good profit gains ,and secondly ,another problem comes with the issue of rent and thus in need ofg money to acquire a plot in an urbanised environment where theres much consumbion and use of the products due to large population ,vehicles,offices,schools,hospitals,rentals,businesses who actually are my first handf clients ,lastly,is the issue of digitizing all business operation by use of computers and scanners thus ensuaring proper record keeping and also assist in product pricing thus even new employs can easily identify product prices when given mandate to run the business even without direct owner,

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

the business have got more benefits directly or oindirectly;eg,enables convinient product availability close to clients ,secondly ensures quality assured products ,thirdlyenables job creation to upto even non literate thus assisting reducing unemployment,etc,amont other benefits

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

hospitals,schools,offices,residentials,shops,local households,factories,hotels,businesses,retailers, among the many others direct clients

01.05 When did you start working on your project?

2023-04-01

01.06 How many other partners are associated with your business venture?

1

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

this is my wife who acctually assist not only on daily activitie but also as a professional in supply chain management thus ensuring quality and affordable and passionate top rank employee and being a family member ,she will actually strive to ensure she achieves goals and the business gaoins as the advandage all comes to the family

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

facebook@bolanz

01.10 Which industry best describes your project?

e) Secondary commodities (cars and parts, consumer durables and apparel, retail)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

enables continuity in production expecially wher electrical power is needed,thus ensuring continuity from primary production to consumption sector,

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

with continued technology advancement in current livelihoods,thus with moderniszation this business avails most critical products almost applicable from production to consumption thus enabling machine production which ensures more outbut and serve where manpower mannually doesnt fit

02.03.01 My project contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

its ensures no pollution to the environment ,as with the use of electricity especially from hydro power ,hydro itself doesnt emitt fumes and any other processes in production as well.

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

ensures professionality as with the use of our products ,requires professionals in handling and in operation.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

this business does not select gender to either work in ,only it serves on both ladies and gentlement as long as he/she is ready to work

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

our products doesnt actually react or poison with wother thus ensuring clean water, also this products are recyclable thus no dumbing .

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

use of electricity and solar doesnt polute and therefore contribute almost 100% of green energy

02.08.01 My project contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification

it actually involves all sectors from production to consumption sectors ,thus making it very crucial to general livelihood and needs of daily life routines

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

it always remains as the basic factor required for production and innovsation sectors to be possible and have potential in implementation

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

irregardless of gender,race or tribe ,this business actually deals with poroducts which are non selective from first hand as each and every person or different other businesses and production sectors implements their operation using the same said combany products

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

my business actually deals with products most esapecially used/consumed in in urbanised areas due to large population mainly in service and development of towns

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

my business actually both serves in production and consumption thus effectively usefull in both sectors

02.13.01 My project contributes to the Climate action goal

1 - Strongly Disagree

02.13.02 Climate action - Justification

n/a

02.14.01 My project contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification

n/a

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

serves in production and improves livelyhoods of owner and employees

02.16.01 My project contributes to the Peace justice and strong institutions goal

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

my business does not reject any gender, race or tribe ,thus ensuring peace

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

my business looks forward partnering with more suppliers in order to have all the products required asby customers demands

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

7 - Strongly Agree

05.02 The product/service we envision creating represents an entirely new type of product/service.

1 - Strongly Disagree

05.03 The product/service we envision creating could be described as a new technology.

7 - Strongly Agree

05.04 The product/service we envision creating is an improvement on an existing product or service.

7 - Strongly Agree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

7 - Strongly Agree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

7 - Strongly Agree

05.08 Justification

actually our products are generally in demand either beingon innitial operation or maintenance thus high demand and also adapts to the current and propably upcoming technology,morever most products operates automatically hence even at dangerous situations or abnormal times of operation our products responds automatocally thus ensuring safety

05.09 Who are your main potential competitors and what makes you stand out from them?

retailers and supermarkets which also deals with either the same products from my same suppliers and even from other suppliers and the products serve the same purposes,,not to forget clients sourcing products from far places

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

n/a