Young Entrepreneurs Essay Example | Topics and Well Written Essays - 500 words

Young Entrepreneurs - Essay Example This project also aimed at providing light to school going children from poor families who could not stand the smoke of the local kerosene lamp. The idea of developing the solar-powered lantern was originally presented by Wadongo at a local congress of young innovative youth’s forum in Kenya and was picked as a promising one with the potential to solve a problem in the community (Arrillaga-Andreessen, 2012). Wadongo did a lot of his research on the design and the sizes that most suited the targeted population. Through his various attempts to design a sustainable product that would not only last for long but also provide a cleaner source of energy, he came up with something that has been appreciated worldwide. His bight idea that only started in a small village in Kenya has now been recognized worldwide on various forums (Arrillaga-Andreessen, 2012). According to the locals, Wadongo’s project is one that has helped more children go back to school and the impact is felt almost immediately. The performances have increased in most schools that have adopted the use of the Solar-powered lantern. According to Wadongo, his project hasn’t reached its peak yet with several additions intended to be made. He wants to extend the scheme to cover more areas in the country, and at the same time sells his solar tapped power to major towns. He says that this approach will work best for him due to the frequent power blackouts experienced in those towns. His idea was driven by the fact that 90% of the country’s power is generated from hydro-power stations and the need for other reliable means of power generation was needed. According to Wadongo, the current power rates in the country are very high, and the consumers will welcome any form of cushioning. With the rates currently at Ksh 75 per kW unit, he intends to produce up to a total of 1000 kW for different premises.  Ã‚