Comments on: Random observations for the day http://www.kenyanpundit.com/2005/09/19/random-observations-for-the-day-4/ Opinions, commentary, na kadhalika Tue, 06 Jan 2009 10:20:29 +0000 http://wordpress.org/?v=2.6 By: Rich http://www.kenyanpundit.com/2005/09/19/random-observations-for-the-day-4/#comment-34 Rich Tue, 20 Sep 2005 23:50:29 +0000 http://www.kenyanpundit.com/?p=24#comment-34 Thanks. Quite an inspiring story; I respect this Mireli guy. While he was awake when the opportunities came by, some things do not add up. I still can't see a non-politically connected black face borrowing $200M locally(Nairobi) however pursuasive. So, what are you doing in Kenya now (vacation/work)? Do you need to sit bar exams in Kenya to get a license there? Thanks. Quite an inspiring story; I respect this Mireli guy. While he was awake when the opportunities came by, some things do not add up. I still can’t see a non-politically connected black face borrowing $200M locally(Nairobi) however pursuasive. So, what are you doing in Kenya now (vacation/work)? Do you need to sit bar exams in Kenya to get a license there?

]]> By: Rich http://www.kenyanpundit.com/2005/09/19/random-observations-for-the-day-4/#comment-32 Rich Tue, 20 Sep 2005 01:03:19 +0000 http://www.kenyanpundit.com/?p=24#comment-32 I like the new blog. You views/random observations are both entertaining and informative. I will digress into a totally irrelevant and personal response. From the internet, I understand you left "opportunities" in the US of A to work at home; congratulations on the confident move. Assuming you have an interest in making alot money (likely), what is your perspective/opinion of the climate in Kenya for local ambitious enterpreneurs without capital to invest? I reckon you may know something(or access to information) about how people like Merali. How are they able to borrow soo much money locally? Rich. Washington, DC. <strong>Hi Rich, glad you are enjoying the blog. Here's my two cents with the disclaimer that I'm in no way an expert on the ability to access capital in Kenya since business is not my line of interest....It is very difficult to make anything happen without capital in Kenya. If you are looking to come back and become an entrepreneur here, your best bet is to try and build capital or get investors while you are still overseas. Folks like Merali are savvy businessmen with well-established and successful track-records (having the right connections doesn't hurt) that makes it easy for them to obtain financing...you can't really compare him with folks in the start-up category. For more on Merali see (http://66.102.9.104/search?q=cache:w9PLUKEREZ4J:www.eastandard.net/archives/june/tue01062004/financialstandard/news/fsnews01060404.htm+merali+kenya&hl=en). Hope this helps, if you have any more specific questions let me know. </strong> I like the new blog. You views/random observations are both entertaining and informative. I will digress into a totally irrelevant and personal response. From the internet, I understand you left “opportunities” in the US of A to work at home; congratulations on the confident move. Assuming you have an interest in making alot money (likely), what is your perspective/opinion of the climate in Kenya for local ambitious enterpreneurs without capital to invest?
I reckon you may know something(or access to information) about how people like Merali. How are they able to borrow soo much money locally?
Rich.
Washington, DC.

Hi Rich, glad you are enjoying the blog. Here’s my two cents with the disclaimer that I’m in no way an expert on the ability to access capital in Kenya since business is not my line of interest….It is very difficult to make anything happen without capital in Kenya. If you are looking to come back and become an entrepreneur here, your best bet is to try and build capital or get investors while you are still overseas. Folks like Merali are savvy businessmen with well-established and successful track-records (having the right connections doesn’t hurt) that makes it easy for them to obtain financing…you can’t really compare him with folks in the start-up category. For more on Merali see (http://66.102.9.104/search?q=cache:w9PLUKEREZ4J:www.eastandard.net/archives/june/tue01062004/financialstandard/news/fsnews01060404.htm+merali+kenya&hl=en). Hope this helps, if you have any more specific questions let me know.

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