Business: Retail Kiosk.
Location: Casino center, Molo.
Years in Operation: 3 Years.
Amount needed: $200.
Joyce Wambani is not one to give up easily, no matter the circumstance. When her stall was demolished to pave way for the Molo road expansion, for it was constructed on a road reserve, Joyce saw it as a blessing in disguise. At her stall, she sold french fries to the small scale business people in Molo’s Peace matatu stage, matatu operators and passengers as well as residents and passers by for the stall was located along the busy road which enabled her to take full advantage of the human traffic.
When her stall went down, she moved to Casino area, one of Molo’s informal settlement. Here, she had to change her trade in order to meet the new customers’ needs. She stopped her french fries business altogether and went on to start a retail kiosk in which she now sells fast moving items. She is already enjoying the change for unlike her fries that would go bad when she didn’t finish all stock since she had no means to preserve them and people preferred fresh fries, now, she faces zero losses due to perish-ability.
She buys her stock from wholesalers in Molo at favorable prices which she enjoys for she buys her stock in bulk enjoying quantity discounts. The wholesalers are also a walking distance from her business which further saves her on transport costs. The kiosk she says brings her more profits compared to the fries business.Her husband’s (a potato seller in the outskirts of Molo) income combined with her own enable them to pay for the school fees needs of her two school going children as well as afford them their basic needs.
She is seeking $200 from Moto Hope Micro Lending to be able to purchase more stock for her kiosk. She is currently unable to satisfy the demands of most customers for she can’t afford to purchase the demanded stock at the moment. The funds will however enable her to give her little kiosk the business boost it so badly needs.