Kenya - Business creation project

Describe your project or startup in a few words

This project is mainly aimed to start and run a successful electronic business.

01.01 Describe your project in more detail

This project is one that can create job opportunities to youths around the community. Since it deals with electronical equipments, electricians will get an opportunity to install a wiring system job within the jurisdiction.

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

Insufficient funds to start the business. Since this business requires enough capital, it has now become somehow challenging to start. For that reason I'm now trying to look for capital.

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

1.Minimization of the finance since the people around will use not have to travel very far to get the electrical devices and equipments. 2.Everyone in the community will be eagerly in need of electricity since there will be availability of electrical equipments. 3.The prices of the equipments and labour personnel will be friendly.

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

The entire community members are the main targeted beneficiaries.

01.05 When did you start working on your project?

2024-04-29

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

3

01.07 Among the other partners, how many are female?

2

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

1.Lilian Chebet- Electrician with 5years experience in the field. 2.Shadrack Chemurkok- Electrician with 5years experience. 3.Abigael Chepkech- Electrician wit 3years experience.

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

http://Facebook.com

01.10 Which industry best describes your project?

a) Energy (equipment, services, sustainable energy and fuel)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

It will create job opportunities hence everyone will have a source of income.

02.02.01 My project contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification

Since everyone will have a source of income, they will be able to buy food and sustain themselves.

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

4

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

Students will have enough time to study since there will be electricity for lighting during studies.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

My project has both male and female equal opportunities in employment.

02.06.01 My project contributes to the Clean water and sanitation goal

3

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

6

02.07.02 Affordable and clean energy - Justification

Electricity is an environmental friendly source of energy.

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

The work must be decent in my project since all the employees has experiences in the field.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

In this digital world, every industry depends on electricity for its operations.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

My project has a gender quality goal.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Every city and communities needs electricity mostly for domestic use.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

Electrical consumers has energy meters. This enables them to minimize their consumption.

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

4

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

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

4

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

5

02.17.02 Partnerships for the goal - Justification

My project is based on partnership form of business.

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.

4

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

4

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

4

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

5

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

5

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

6

05.08 Justification

The quality of services we are going to deliver to our clients is excellent.

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

My main competitors are everyone who deals will electrical equipments. What makes me stand out is that the products that I am going to put in market are the best compared to the one that was in place before.

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

Yes. I've given female entrepreneurs an opportunity in my project.