Business: Second Hand Clothes.
Location: Tayari, Molo.
Years in Operation: 3Years.
Amount needed: $200.
When she set shop in Tayari’s center, she was not so sure it would do well. There are no other second hand clothes dealers near her business and despite the possibility of enjoying monopoly in the area, she had a few doubts of making the dwellers of the area shift their loyalty from the regular market dealers to her business which just like herself was new in Tayari. She did not want to venture inside Molo’s main market which was already flooded with other traders who deal with the exact commodities she was set out to sell.
Once she made up her mind to try however, she did not look back. It is three years already since she started her trade and she is not about to close shop any time soon, she says. She sells dresses for ladies and children as well as shirts and trousers for men and boys.She purchases good quality stock from Nakuru town in bales to enjoy quantity discounts which translate to affordable prices for her customers. She has over the years acquainted herself with the tastes and preferences of her customers and their happiness is her number one goal.
The single mother of one school going child desires to give her child a good education as well as provide for her adequately to ensure that she never lacks. Her child is her main motivation she says gladly. In her free time, she crotchets table clothes which she sells to her regular customers as well as on order. She engages in small scale farming growing vegetables, Irish potatoes as well as maize for her young family’s consumption. On the few occasions that she gets more harvest than her family of two requires, she sells the surplus to her customers right besides her second hand clothes spread.
She decided to try Moto Hope Micro lending after seeing her neighbor (a beneficiary of MHML)’s business scale upwards due to the low interest rates and very friendly terms of payment that MHML’s loans accord her. She is seeking $200 to purchase more stock for her business to be able to meet the excess demand that has lately exceeded her supply.