Business: Gas Station & Agribusiness.
Location: Makutano, Kitale.
Years in Operation: 10 Years.
Amount needed: $1,500.
Over the years, there has been a significant rise in the purchase and use of vehicles across the country. So much so that entrepreneurs who own gas stations have a ready market and do not have to cajole people into buying their products as they can’t do without them in the first place. Margaret Wanjiru is one such entrepreneur. Her business is strategically located in the quiet yet busy town center of Makutano in Kitale, where it has been for the last ten years with business booming with every passing year. She is well known as hers was once the only station in the area for some time. She has also added car washing and car repair services as complementary businesses to the gas station.
The mother of three school going children in partnership with her husband also has her hands on agribusiness specializing in maize and horticulture (Tomatoes) farming on their 4 acres piece of farm land as well as poultry farming back in their homestead. These ventures have enabled them to purchase parcels of land for both farming and living; where they have built a home for their family. Their children are in good schools and they pride themselves in providing them with a good education.
Margaret is not new to Moto Hope Micro Lending. She has been loaned four times before to a tune of $5,000 money that has gone towards her gas station business as well as agribusiness scaling them upwards to levels that have trebled their earnings. She is now seeking $1,500 from Moto Hope to inject in the gas station and poultry farming. During the covid-19 hard hit months poultry farming is what was bringing her most income as the gas station wasn’t as profitable due to the restrictions that were placed to movement in order to contain the spread of the corona virus.
As the country gradually records a flattening of the curve, she is glad that her gas station business is slowly going back to its former profitable levels and she is eager to scale the poultry farming whose potential the pandemic made clear for her. She is focused on putting both the gas station and agribusiness back on track for she seeks to purchase more land and build rental houses; a plan she says will only come to fruition if she is able to raise the capital needed from her businesses.