Business: Shoes vendor.
Location: Main market, Molo.
Years in Operation: 5 Years.
Amount needed: $150
Anne has been a business lady her whole adult life. The vibrant entrepreneur says she wouldn’t know how to do any other thing besides selling goods for profits. She started off selling cabbages and Irish potatoes which she purchased directly from farmers and transported to Molo’s main market to sell to her customers. She did this for a while but tired of it and sought to try something new.
She gave great thought and put a lot of research into what business would work best after the vegetables and potatoes business which had proved more hectic and costly with time. Her friend a shoe vendor shared her story and Anne decided to take the challenge posed to start selling shoes.Her friend was kind enough to teach her the ropes of the new venture and within no time she was just as good.
She buys her stock from Nairobi’s Eastleigh area in bulk and transports them to Molo’s main market where she already commands quite the market share. She trades in a variety of shoes for all ages and gender, especially children and women. Her best months are the rainy seasons of March, April, August, September as well as the festive periods of November December for demand is high then, for the shoes she stocks. She takes advantage of these boom periods to maximize sales so as not to feel such a pinch during the off peak period.
She is seeking $150 from Moto Hope Micro Lending to be able to purchase more stock for the oncoming peak period of March-April. Her business enables her to pay the school fees of her two school going children for she is a single mother as well as cater for their needs.