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Solar company

Solar company

Deal Details

coins Directors/Owners

coins Type of investment
Open( Debt & Equity Financing )

coins Amount To Raise
UGX 200,000,000

coins Average monthly revenue(Turnover)

category Sectors
Green energy and environmental conservation

calendar Posted on
22nd November 2021

clock Deal Due Date

proposals Product/services
Solar products

proposals Stage of growth
Expansion: Company is profitable and needs to scale up to further increase market share

category Business Particulars
Business plan

category Funds Needed For
Trade 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.
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