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My full assessment

Set up and Planning

  • Assessed the value of the market
  • Interviewed potential customers
  • Tried to sell to customers
  • Confident
  • Confident

Market Research

  • Confident
  • Neutral
  • Very Confident
  • Confident
  • Neutral

Finances

  • Confident
  • Confident
  • Confident
  • Confident

Sales

  • Very Confident
  • Very Confident
  • Confident

Operations

  • Very Confident
  • Very Confident
  • Very Confident
  • Very Confident
  • Very Confident
  • Very Confident
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[TA]

Tunde Akarigbo Entrepreneur

Location
Ijebu Ode, Ogun, Nigeria
Venture Industry
Retail
Languages spoken
  • English
Recent Activity

What I need help with

My background as an entrepreneur

My current challenges

Most customers want to pay in installments while we find it hard to offer our products on Paygo and installments because we are a small company.

Actions I’ve taken so far

We've met with cooperative societies and encouraged them to allow their members buy our products on credit, then pay back to the cooperative.

My future goals

We hope to source funds to improve our financial capacity then be able to sell to customers on PAYGO and allow them pay in installments.

My motivations to work with a mentor

We believe that solar energy is not only clean and good for our planet but that it is the cheapest energy available in Nigeria.


About my venture

Favian Energy Enterprise Started 2020

Favian Energy is a solar energy business set up to provide solar energy for homes and businesses at relatively affordable prices. We believe, no other region of the world should enjoy the benefits of solar energy more than Africa because of our daily hours of peak sunlight. Though we understand that the poverty level is a mitigating factor against the penetration of solar energy services here in Africa. We hope to continue to provide cheap and affordable solar energy solutions to homes and businesses.

Countries of operation: Benin, Nigeria