Business: Retail Shop.
Location: Kitale Town.
Years in Operation: 5 Years.
Amount needed: $1,500.
Kelvin Wanjala is focused on scaling his business upwards so as to improve his welfare and that of his young family. He has run a retail shop in Kitale’s, Kitale Ndogo area for the last five years where he sells fast moving goods at relatively affordable prices to customers whose loyalty has been unwavering over the years. He has earned quite a name for himself being the young and aggressive entrepreneur that he is.
The greatest percentage of maize farming in Kenya is done in Trans Nzoia County, and Kelvin has two acres on which he farms, growing maize for sale. The maize harvest period releases a lot of waste in form of maize cobs and Kelvin doesn’t let the cobs go to waste or rot. He collects them from his own harvest as well as his neighbours’ and friends who sell to him at throw away prices. He then dries them well and sells them to villagers as alternative fuel to firewood.
Two years ago, Kelvin ventured into livestock trade, selling sheep to butchers in Kitale town. He buys the sheep in West-Pokot, a neighbouring pastoralist community hence enjoying very good prices which he in turn transfers to his customers according them fairer prices than other suppliers. His wife helps him to run the shop whenever he is out on the other ventures making sure that all their businesses bring in the desired incomes.
His first encounter with Moto Hope Micro Lending was in 2019 and four loans; $200, $350, $500 and $100 have already been advanced to him helping him to boost all of his businesses and meeting his customers’ demands.
He now seeks $1,500 from Moto Hope Micro Lending to inject in the livestock business. Despite the covid-19 global pandemic that has rocked businesses countrywide, his business has been spared as people still have to eat and butcheries are still open and running. With the money he will be able to buy and sell more sheep hence improving his profit earnings. His goal is to save as much as possible so that he can not only expand and grow his business, but buy land to build a home for his family.