Solar company
Deal Details
Directors/Owners undefined
Type of investment Open( Debt & Equity Financing )
Amount To Raise UGX 200,000,000
Average monthly revenue(Turnover) 20-40m
SectorsGreen energy and environmental conservation
Posted on 22nd November 2021
Deal Due Date
23-02-2022
Product/servicesSolar products
Stage of growthExpansion: Company is profitable and needs to scale up to further increase market share
Business ParticularsBusiness plan
Funds Needed ForTrade financing
Working capital/stock/inventory
Deal Descrption
Solar company started in 2011 and formalized in April 2012. Dealing in solar systems and has installed in over 500 households with a monthly turnover of 40millio($11,200). Due to climate change and need to promote sustainable farming throughout the year, its has established low cost irrigation pumps in Teso Sub-Region which can be purchased on cash or easy pay mechanisms. It is targeting450 farmers in the next 3 years. It seeks 200,000,000Ugx($57,000)(Equity) for working capital and marketing.