Business: Retail shop.
Location: Keep Left Bus Park, Molo.
Years in Operation: 16 Years.
Amount needed: $150.
Elizabeth is well known by many people in Molo town where she has lived for over twenty years. She has been a shop keeper for the last 16 and knows the business like the back of her hand. In the same vein, the years in business have also earned her many friends and customers whose loyalty to her shop is more than she could ask for. For most of the years that her business has been running, the shop was situated in Molo’s Green Garden area which is far from the main roads and her customers were mostly dwellers of the neighboring villages and rental units that litter most of the area.
Two years ago, she however decided to make the big move of shifting to set the shop in Molo’s Keep Left Bus Park area where she currently operates. This area has very heavy human traffic thanks to the fact that it is next to a major highway as well as a very busy public transport vehicles stage and many other businesses as well as very many residential areas. She is hardly short of customers, she says gladly. She hasn’t any employees for she has no other job besides the shop hence operates the shop herself. The shop enables her to educate her two school going children and provide for her family’s needs.
She is grateful that her business hasn’t suffered so much the effects of the Covid-19 pandemic and is optimistic for better days ahead. She is seeking $150 from Moto Hope Micro Lending to purchase additional stock from wholesalers in Molo town. This way she will be able to meet the demand for the goods at the shop and improve her earnings which will in turn help to finance the small scale farming that she intends to engage in for sale and her family’s domestic consumption. The planting season is fast approaching and she is focused on ensuring that the profit earnings from the shop besides catering for her numerous needs also enable her to successfully venture into profitable farming.