Monday, February 6, 2023
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Business inovation

An innovative business woman has introduced a new concept of renting a shelf for struggling Small and Micro-Enterprises (SMEs) to display their products at only sh2500 a month and all the sales are handled by the shop owners and money sent to the product owners through pay bill.
Mrs. Mary Leisido, the originator of the idea in Nakuru town, said the concept was meant to support SMEs who are struggling to pay rent, “our aim is to support SMEs survive the coronavirus storm of reduced sales as we wait for the economy to resurge,” she said.
She noted that SMEs who were experiencing challenges instead of closing shop they are offering them space for three months at a minimal fee to display their products and a collection point for online clients.
While speaking to KNA, she said that the sells’ money was sent directly through their pay bill accounts and hence there was no suspicion since everything is sold at the agreed fixed price of the owners’ product.
She added that a legal agreement was signed on a vendor’s form prepared by a commissioner of oaths, hence there was no fear of anybody misappropriating the money or even disappearing with it.
Mrs. Leisido said businesses all over the world were joining hands with like-minded entrepreneurs for the sake of survival and there was a need for reconsideration on how businesses are managed and handled in the country.
Since the confirmation of the coronavirus pandemic in the country, a number of businesses have closed shop and some supermarkets have closed branches in various towns as they face stiff competition from online companies such as Jumia and Jiji.

By Veronica Bosibori

 

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