Business: Motor Cycle Spare Parts & MPESA Agency.
Location: Mitume, Kitale.
Years in Operation: 3 Years.
Amount needed: $200.
Motor cycle taxi operators locally known as bodabodas are the most commonly used mode of transport to distances both short and relatively long within Kitale Town and its environs. This phenomenon is quite a norm throughout all of Kenya and many young people especially men earn a living ferrying people and goods on their motor cycles from one place to another. It thus goes without saying that these motor cycles need servicing and repairs in order to be in proper working state for any of the operators to do business or even do the most basic bit of attracting customers to it. Motor cycle spare parts business has in turn turned out to be quite the money making machine.
Ruth Murugi opened shop three years ago stocking a variety of affordable and good quality motor cycle spare parts and is too glad she did it. At first she had thought long about starting a retail kiosk for general household goods but changed her mind to fill the existing market gap at the time. There weren’t as many motor cycle spare parts businesses in Mitume area of Kitale back then as they are now so she instantly gained her own fair share of the market. She worked really smart to retain her customers and win some more, stocking only choice quality brands, and setting very affordable prices at other times selling on credit to her loyal credit worthy customers. She also stocks refreshments for her customers.
Ruth then set up a mobile money transfer agency ; MPESA to farther spread risks as well as improve her earnings. Ruth is seeking $200 in order to boost her MPESA Agency cash float. Her business is still registering great performance even as the covid-19 pandemic continues to bite. Motor cycle taxis are the preferred mode of short distance transportation of both humans and goods during this pandemic for many people who’d otherwise use public service vehicles. Many businesses have also moved from cash transactions to the much safer mobile money transfer services. The funds she seeks added to her own savings will give her the necessary boost to meet the risen demand for mobile money services as well as scale upward due to the additional commission earnings from her MPESA Agency.