Business: Retail Shop and Agribusiness
Location: Tayari, Molo Town.
Years in Operation: 4 Years.
Amount needed: $250.
Simon Mwangi is very happy with his current potato harvest. He has been Potato farming for sale for the last four years and feels as excited about the venture as he did when he started out. Before settling for farming, he and his wife depended on proceeds from their retail shop and his wife’s vegetables stall just outside their shop. Despite their two ventures, they were barely making ends meet. He sought advise from one of his friends whose agribusiness was doing pretty well. He took time to plan and put together enough funds to hire land, buy seeds and fertilizer as well as spray and afford the labor he would need among other expenditures. The rest is history for today he is a well known farmer in Tayari area of Molo.
The retail shop is also doing much better than it did before. His wife takes charge of the shop and the vegetables stall while he takes charge of the farm. These ventures afford them their basic needs as well as enable them to afford the school fees of their three school going children. Wholesalers frequent his farm from where he sells to them, saving on transport costs to the market. Some of the potatoes are packed in sacks and brought to the shop in town from where they sell to other small scale traders and customers who buy for their own domestic consumption.
The ten acres of farmland which is covered by potatoes over the seasons create employment for over ten people each planting, weeding, spraying and harvesting time. He is seeking $250 from Moto Hope Micro Lending to invest in the next planting season. The money will enable him to buy good quality seeds and fertilizer for even better yield next season.