Business: Clothes & Utensils/Agribusiness.
Location: Keep Left Bus Park, Molo.
Years in Operation: 13 Years.
Amount needed: $300.
In his first interaction with Moto Hope Micro Lending back in 2019, Francis Gitau ran a second hand warm wear shop in Molo town. He was well known for availing to his customers good quality sweaters, jackets, scarves and socks despite being second hand. He also stocked a variety of beautiful beaded works of jewellery and interior decor pieces made by his wife as well as ran mobile money services in the shop. Moto Hope Micro Lending’s previous funding totaling $600 enabled him to scale his business so much as relocating and revamping his stock.
In March this year, Francis shifted his business to Molo’s Keep Left Bus Park area where human traffic is very favorable providing him the necessary customer base for his new business. He started stocking a wide variety of new clothes for men and male children from shirts, trousers, shorts, undergarments and accessories. In addition, he also sells kitchenware and utensils right outside the clothes stall. The utensils easily catch passers by eyes’ as they are very colorful and their wide variety provides just what the buyers need to pick from. He has quickly won new customers even as the old ones’ loyalty remain unwavering thanks to his sociable, friendly and honest nature as well as his great customer care skills.
Because of the COVID-19 pandemic, many customers have shifted their demand from new clothes to more immediate basic needs like food and housing. It is this shift in demand that has had Francis rethink the Agribusiness venture that he has been toying with for some time. Francis’ vegetable farm has been doing relatively well providing vegetables for sale as well as some for his own family’s consumption, albeit low earnings as he hadn’t given it much attention. He is now eager to put more effort and resources on farming to supply cabbages to the market in three months. He is seeking $300 from Moto Hope Micro Lending to be able to purchase cabbage seeds as well as fertilizer for the same. He is very optimistic about the agribusiness as thankfully, the weather and conditions are favorable.