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Welcome to the fourth month
of a readers favorite page which has featured a host of dynamic business personalities whose ideas, motivations and business acumen will have surely inspired all the budding entrepreneurs out there.
Capital warmly encourages nominations to Entrepreneurs Profile and looks forward to introducing more upwardly mobile model citizens.
 

Adane Welde Michael Desta

 

RESUME



Full Name: Adane Welde Michael Desta
Age: 37
COMPANY: Solar Techno Speed
SERVICES: Assembly and installation of solar systems.
H.QU: ADDIS ABABA
Established: 2004
Workforce: 6
Start up capital: 100,000 ETB
CURRENT CAPITAL: 1,000,000 ETB

  Entrepreneur Profile features dynamic business personalities, fledgling
inventors and innovators, environmentally conscious industrialists and other
entrepreneurial leaders and role models, and is one of CAPITAL’s most popular sections.

CAPITAL warmly welcomes nominations to Entrepreneur Profile and looks forward to introducing more upwardly mobile model citizens.

Write to CAPITAL EP- P.O.Box: 95 Code 1110 or e-mail at syscom@ethionet.et

Big Picture

Educational background:
B.A in Economics

First choice of career:
Commercial Bank of Ethiopia

Reasons for starting business:
When I was the manager of the
Commercial Bank of Ethiopia in Yirga Chefe, I saw farmers who didn’t have power so I wanted to solve this problem.

What’s your favorite film:
I like reality based films.

Favorite Pastime:
I like to spend time with my family.

What is your favorite destination:
The Netherlands

Most challenging task:
This technology is very expensive so farmers can not access the service easily.

PERSONALS

Biggest business strength:
We don’t just supply solar panels but also give technical assistance to our clients.

Biggest weakness:
We can not distribute our services as much as we want to due to a shortage of capital.

biggest risk:
Solar panels imported from around the world may not be of the best quality.

Favorite task:
The people who live up to 80 kms from main roads do not have access to hydro power from EEPCO but they can easily get light from our company. That is why we established this company.

Smartest move:
Staring work on a 10 mln birr joint venture with Gir Mundo, a Dutch company.

Future plan:
I want to distribute solar technology to all rural areas.

-Muluken Yewondwosen