Wow! Meet young Entrepreneurs who decided to get uwezo loan and ventur
Sep 27, 2013
Business
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Wow! Meet young Entrepreneurs who decided to get uwezo loan and venture in garbage industry
Seizing an opportunity in Kenya is what makes a business succeed. Most entrepreneurs are able to notice market gaps and close in on them leaving us wondering why we never noticed the opportunities in the first place.
Kayole self group is a partnership which specializes in garbage collection in various parts of east lands and delivery to disposal sites within the city.
This group decided to get a loan from uwezo initiative from the government which is aimed at helping jobless youths and women of this country by providing loans to them without any collateral consideration.
Kayole self group decided to buy 3 donkeys-pulled carts to facilitate transport of the garbage from their clients to the disposals site at dandora. This move has made the business more efficient due to reduction of cost of operation which was initially been elevated by hiring of tractors to transport the garbage.
The donkey pulled carts as the group say have cost them less than 50, 000 and maintenances cost is expected to be as low as 1000 after every 3 months time since they only operate on weekends. The group confirmed that they will be able to repay back the loan and expand their business to serve more clients.
They pride themselves as an efficient garbage company which is located in kayole. They specialize on and have the capacity to attend more than 300 clients in a day
By Barnabas Muthini
Article source: https://www.zakenya.com/Business/20-Wow-Meet-young-Entrepreneurs-who-decided-to-get-uwezo-loan-and-venture-in-garbage-industry.html
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