Test demand cheaply before you borrow to build.
Many members are building businesses alongside their careers. Before you borrow, reduce risk.
Talk to customers
Speak to twenty potential customers before you spend on equipment. Ask what they do today and what they pay.
Start small
Sell a basic version first. Early revenue tells you more than any projection.
Separate your money
Open separate records for the business from day one. Lenders, including your SACCO, will want to see them.
Borrow for proven needs
Use credit to scale what already works, not to discover whether it works.