Business: Newspaper Vendor & MPESA Agency.
Location: Main matatu stage, Molo.
Years in Operation: 12 Years.
Amount needed: $200.
For the last twelve years, avid newspaper readers in Molo have bought their favorite paper from one man. Every person who enters the busy Matatu stage in Molo town’s central business District knows him. George has graced the same spot throughout the years and knows his customers by name. He is the news he sells and most times people will be gathered around his stall to either buy the papers or chat about the happenings of the day in the country as well as the world over.
He wasn’t always the paper guy though. Before venturing into this business, George tried his hands on selling second hand shoes. Looking back, he has no regrets quitting his former trade. Selling the second hand shoes was hectic and not always profitable due to its seasonal nature. Having to travel all the way to Nairobi’s Gikomba market and ferrying his wares back to Molo and the mobile markets that he traded in also proved to be an uphill and costly task.
However, with the newspaper business none of this is the case. The newspapers are delivered to his stand by the various media houses and all he has to do is be at his stall in time to receive and sell. There is no high or low season for the papers he says. Most of his customers are daily consumers of the hard copy news and haven’t totally embraced digital news platforms.
In addition to selling newspaper, he also runs a mobile money transfer agency; MPESA Agency. The two trades enable him to pay the school fees of his two school going children and provide for the needs of his family.
He is seeking $200 from Moto Hope Micro Lending to enable him to boost both businesses for better earnings.