Business: Retail & Wholesale Trader
Location: Makutano, Kitale
Years in Operation: 3Years
Amount Needed: $1500
Evans Mbugua is a man driven by a strong urge to meet the needs of his community. His shop in Makutano village of Kitale has stood firm and reliable for the past three years. He started his shop with $1800 opening capital and it is the returns from this business that are enabling him to provide for his family of one wife and two children. Evans’ shop serves as a one stop place for all his customers’ household needs and wants as well as other retailers’ supply point. He is all too happy to be providing all the needs that his community would otherwise have to travel all the way to Kitale town to purchase. ” My customers have a wide variety to chose from at pocket friendly prices.” he says.
Evans believes in the power of his savings to provide a safety net for his financial needs. His savings at Moto Hope SACCO of $500 have enabled him to borrow $1500 from Moto Hope SACCO. With these finances, Evans will be able to add to his stock and meet his customers’ ever increasing demands. He will also further improve the variety of his products to be able to meet market trends. The success of his business is the success of his people.
He has employed two full time employees who are also able to take care of their individual families with incomes from Evans’ shop. His business he says plays a great role in ensuring his family’s food security for he channels some of his profit earnings to his small farm. Moto Hope SACCO is excited to enable Evans to continue impacting his community.