Business: Retail Shop & MPESA Agency.
Location: Main Stage ,Molo.
Years in Operation: 9 Years.
Amount needed: $200.
Mercy Wambui is a very jovial lady animatedly serving her customers at her shop. The shop is strategically located in the very crowded and busy matatu stage. Her customers are largely travelers boarding or alighting from the matatus and axis in the stage as well as business people in the surrounding stalls, shops and market. She has stocked her shop with goods that are demanded by her regular customers dealing in both wholesale and retail trade.
Her wholesale section largely sells to other small scale traders mostly hawkers, and kiosk owners. She buys her stock in bulk from wholesalers in Molo which allows her to enjoy good buying prices due to economies of scale. Her MPESA Agency brings in sizeable income a welcome addition to her earnings from the shop.
Besides the shop, she is also engaged in small scale farming growing potatoes and maize for her family’s domestic consumption. On seasons that she reaps bounty harvests, she sells some of it to market traders. The mother of two school going children is able to raise money for her children’s school fees as well as cater for all of their needs. Moto Hope Micro Lending won her over for its christian foundation and friendly loaning terms she says gratefully.
She is seeking $200 from Moto Hope Micro Lending to boost her business stock and satisfy all of her customers demands.