Tag Archive for: Opportunity

New technologies, new opportunities…

Every entrepreneur wants to be associated with a successful businesses; Mpesa is just one of them. Since its Launch in 2007 by Safaricom and Vodacom, MPESA has been considered a global success. Researchers show that more than two Thirds of adults in Kenya use MPESA for their transactions, this research further states that MPESA  does about 8 million transactions daily. Mpesa can be used for Shopping, Utility bills, Taxi ride, Deposits and many other uses. Currently Mpesa has about 85,000 agents countrywide and Janet Gesare is one of them.

Janet completed her education, where she studied early childhood development. For a few years she followed her career path and was teaching in one of the private primary schools within Ngong where she earned 6000Kshs ($60) monthly.  This, she says was never enough to sustain her and the family as the standard of living is very high. Janet bought the MPESA business from her uncle. Though she did not have enough starting capital as her uncle withdrew all his money from that business line. She struggled since she had not enough float ( money required to maintain at hand to pay customers) but had made so many clients.

Early last year, Janet was introduced to Opening Village Doors Foundation by one of our very loyal client, Jacklyn; she then visited our office to find out more about our business model. She applied for a loan of 50,000Kshs in order to boost her business. She also received training on managing her business and successful ways to engage customers. When we visited Janet in February 2017 she could not hide her happiness.  She invested the funds in expanding her MPESA business and added drinking water which she sells at 100% profit and being that her shop is centrally located in a petrol station and also near a garage, she sells up to four boxes of water dally.

Currently her MPESA is also doing very well. In fact she wants to clear the loan as soon as possible and apply for more to expand her business even further.

Business thriving…

“Sometimes life beats you so hard, you just have to fight on, the sun rises each morning as a sign of hope, you have to find any ounce of energy in you to keep trying. ” Jane Machari narrates her story. Jane’s story is of determination, hard work and hope. Struggling as a single mother of two children she has toiled to make sure they attend school by working in any job menial jobs she could find.

“I learnt to braid hair since I was very young” Jane continues “ I wanted to get training on using different hair products and different hair machines so I can stand out from the competition.” Jane completed the training and wanted to open her own beauty shop but could not get any bank or anyone to loan her money. She joined a women’s group, she started saving the little she was getting from doing menial jobs. It was at the women’s group she heard about Opening Village Doors Foundation micro businesses program, and decided to seek support.

Jane received $375 capital; she bought beauty products, and hair equipment. Jane is very innovative and observant and studies her clients’ needs. As she interacted with her customers who came for braiding, haircuts and hair treatments; she noticed that she could do better if she started to sell gently used clothes alongside her salon business. The business is doing well and she has started paying back so someone else can get the starting capital.

Jane ends her story with a big smile stating “ you came to my aid after trying so much for the last 5 years to find money to get started, this business means a world to me and my children. The children can go to school and I can save for their college, God bless you!”

©2023 Copyright - Opening Village Doors