Business: New Shoes.
Location: Keep Left Bus Park, Molo.
Years in Operation: 2 Years.
Amount needed: $150.
Euniece Adoyo is a very calm lady who doesn’t say much yet has quite the following when it comes to loyal customers. Her stall is located next to the very busy Keep Left Bus Park along the Keep Left-Posta road where human traffic is very high. The new and very colorful shoes that she stocks easily catch the eye. She stocks low cost shoes of a wide variety for her customers to afford while having a wide range to chose from. She has specific suppliers in Molo’s wholesales from whom she has purchased for the whole period that she has been in business. Buying in bulk enables her to enjoy better prices which she is in turn able to pass down to her customers through relatively low costing to her largely low income earning clientele.
Eunice’s husband is a mobile fruit vendor. He moves from one market to another in the outskirts of Molo selling on the particular market’s designated market days when they are at their busiest. Proceeds from both of their ventures put together enable them to pay the school fees of their four school going children, house rent and bills as well as provide for their basic needs. Before opening her stall every mid morning, Eunice starts off by going to train in dressmaking at one of her friend’s( a tailor) dress making shop. She is eager to be able to set up her own dress making business in the near future which will serve as an additional source of income for her family.
She is seeking $150 from Moto Hope Micro Lending to purchase more stock for her stall. Now that schools have broken for the November-December long holiday, demand for the shoes especially the plastic outdoor wear, gum boots and sandals will be very high and she anticipates improved sales if she can only boost her stock.