Entrepreneur

About Me

My name is Kiraposho Sumare from Nkoirero village in the mara region.I’m a married woman a mother of three kids,two of my kids are attending school.My first born is attending school in Siana Boarding Scool.The other one is attending Mara Shinners.The other one is underage.I never attend school,my childhood was spent mostly on looking after sheep and goats.The heavy duty for young girls in the Masai community is taking care of my young brothers and sisters.I was married way back in 1997.I started my business in 1999,the capital was raised by my husband selling one bull at Ksh 5,000.The main objection for business was to cater for basic needs in the family.To assist my husband in providing necessary needs in the family.

My Business

I bought sugar,maize flour,tea leaves,many other food staffs.The small shop grew gradually with much consumption of profit.In the year 2002 i decided to change my business to selling ornaments,crafts and maasai shukas.The capital was Ksh 20,000.The business was frying due to tourist visiting maasai mara.My business grew upto i do sell the ornaments to the culrural villages around maasai mara.My typical income for the year ended 2003 was Ksh 20,000.My business came down due to the drought that really affected the livestock in the mara region(community).The capital that i and some cash were used to carter for our family of two kids and my mother in law,with two sisters of my husband.
Due to this natural calamity,i borrowed some money to re-establish my business from Kenya Women Funds.The amount borowed was Ksh 50,000 in the 2007.The re-payment was made in nine monthly instlament.The loan was borrowed as group(IRMAT WOMEN GROUP) in Ololaimutia Masai Mara.The group constit of 25 womens.

Loan Proposal

I will buy the maasai ornament at wholesale price to re-sell in our manyatta and the near by villages. One bundle of ornament will cost Ksh.10,000 x 7 this mean i will sell seven bundles each Ksh. 13,850 and make a profit of Ksh.3,850 per bundle and Ksh. 26,950 profit in total. The profit will enable me to cater for my family needs and at the same time re-pay my loan. I also have another source of income, five pernament rooms in our nearby trading centre being rent by business people and they pay rent in monthly basis Ksh. 3000 per room in total Ksh.15,000
The extra income will help in catering for my family needs e.g. paying for school fees, buying food stuffs, clothing and also buying livestock drugs. My business will also help the community to get the items (ornaments) in a cheap price and make them locally available without necessarly travelling to far towns like Narok & Nairobi in search for them.

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