Business: Retail Shop.
Location: Moto Center ,Molo.
Years in Operation: 1 Year.
Amount needed: $200
Along the busy Molo-Olenguruone road is full of activity and human traffic as people engage in various activities. Some boarding vehicles, others setting up their wares along the road as others gather in groups to pass time. Moto center is a little town amidst many villages and setting shop here means serving many villagers saving them from the long trip to Molo town.
John Njane is one among the many entrepreneurs who practice their trade in this well known center. He has run his retail shop for the last one year and is very glad about the decision he made to do set it up. The father of one, a toddler, is eager to provide comfortably for his young family. For this reason, he makes sure to stock fast moving goods that are in the highest demand among his customers. He listens to his customers and values their feedback for they give him very valuable insights on what to stock as well as favorable but profitable prices.
He and his family live in their own home in Moto and take advantage of the resources they have by rearing poultry. While he is at the shop, his wife tends to the poultry which they sometimes sell.Earnings from their small poultry farm enable them to buy groceries while those from the shop afford them all other expenses and bills as well as a little savings for the future.
He is seeking $200 from Moto Hope Micro Lending to be able to boost his business. He says the low interest rates and friendly repayment terms will enable him to continue his business without much strain. The potato harvest season is right about here with us and this is the best period for bulk shoppers to buy from their potato sale earnings.