Newsletter July 2013 Review New businesses for Young Entrepreneurs established in July The month in summary This is KYBT’s monthly review newsletter. This issue highlights KYBT’s undertakings in the month of July 2013. The month started off with a business-skill-development workshop for 27 Young entrepreneurs on “start your business” at Kibera AIC Olympic. Fourteen young entrepreneurs qualified as beneficiaries of loans from AUSAID and Comic Relief grants to start their own businesses. KYBT hosted the Accenture team in a consultancy visit with the Organization. These are some of the Young Entrepreneurs who started their businesses in the month of July. Musimbi Hildah in her new bakery called “Roweh Bakers”in Kibera, Ayani The loan has helped her acquire an oven and a flour mixer for her baking business. Inset: Musimbi displays some of the cakes and muffins she has baked with the new appliances she acquired The month saw the former program manager Eunice Ogolo leave after successfully serving KYBT for two years and a gracious orientation for her replacement; Olivia Apondi Onyango. Contents Page 1. The month in summary…………1 2. New businesses……………………..1 3. Training Events round-up ……3 4. Mentors Column……………………4 Grace Atieno Oduor at her new “Ladies’ Choice Fashions and Beauty Palour” started in June. Her business targets women. She sells cloths and cosmetics. 1|Page Newsletter July 2013 Review Rispa Otieno Ojow owns a tailoring shop called “Ladies choice tailoring shop”. She started her business in April and makes African wears and women cloths on order for sale. Carolyne Atieno Ochieng now owns an Embroidery shop at Makina Market, Kibera. She makes table cloths and women clothing as well. Francis Taabu Oluoch is a shoemaker. He is one of the beneficiaries of the start your business loan this month. With the loan he acquired, he started “Luya Rubber, Leather and Plastics” stall in Makina Market, Kibera where he makes shoes for sale and repairs torn ones. 2|Page Newsletter July 2013 Review “Milliona Arts” is Millicent Achieng’s business started in April targeting locals and tourists alike. She sells curios at Olympic area. Her curios are assortment of attractive cultural handmade ornaments. They comprise of necklaces, earrings and bracelets. Samson Ochieng of Lomamo Garage buffing a vehicles roof. The loan helped him acquire a buffing machine for smoothening car surfaces before a paint-job. He also bought a paint spraying gun and a compressor spraying machine. 3|Page Newsletter July 2013 Review Training Events this month… The names of participants of the Business Start-up st th Training held between 1 and 4 July 2013 at AIC Church in Kibera. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. Lucy Kerubo Grace nyambura njeri Joel Mwendwa Grace Onyiero chrispinus kwada zubeda abubakar ismail George Owuor Odhiambo Silvance Omune Winfred Mbite David francis mwaura Mariam Abubakar Zubeda Juma Maria Achola Juma William Kariuki Swale Juma Alfred okumu George Suba Andrew Gitere joseph oketch were Benjamin Muthui constant juma chibole Getrude Anjao Esikumo Edwin Omondi Anyangu Waziri Juma Sharbaidi Emmaculate Kanyua Serah Njala Nelson Tole 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 1 1. YEs selected for loan awards in the month of 2 July attending a debt management training 2. YEs attending a mentors training at KYBT office, Nairobi. 3. Young Entrepreneurs who benefited for loans in July pause for a photo after the training on mentoring. 3 4|Page Newsletter July 2013 Review Accenture Visit Accenture, a global management consulting, technology services and outsourcing company paid KYBT a 3 day consultancy visit . KYBT and the Accenture team share a round table to learn about KYBT Whatever the mind of man can conceive and believe, it can achieve. Thoughts are things! And powerful things at that, when mixed with definiteness of purpose, and burning desire, can be translated into riches. – Napoleon Hill 5|Page Newsletter July 2013 Review Transition… This month KYBT saw the departure of the program manager and the introduction of the new program manager KYBT staff hand a farewell card to the outgoing program manager Eunice Ogolo (4th from right) in appreciation of her service 2 year service. The incoming program manager Olivia Apondi Onyando (3rd from right) was also part of the farewell at the KYBT office in Nairobi. KYBT staff members pause for a photo at KYBT offices after bidding farewell to outgoing program manager and also welcoming the incoming program manager. From Left: Rachel-Field Officer, Modesta-Training Manager, KendiField Officer, Eunice-outgoing Program Manager, Olivia-Incoming Program Manager, Violet-Office Assistant and ChrisphineCommunications Intern 6|Page Newsletter July 2013 Review M E N T O R S’ COLUMN Mentor and Mentee flourishing progress – Molly and LIz Molly Akumu, a young entrepreneur who started Molly beauty Salon with a loan of Ksh73,000 showed great commitment and appreciation for the business mentoring she is getting. Her mentoring progress report revealed that her business that started in May is recording increase in sales. leave period. She recommended that the salon is well-stocked and neatly arranged; the business has registered a clientele who also recommend others to the business. However, Molly will be keen in record keeping, monitoring and evaluation to achieve the most. Upcoming Events 5th – 8th AUGUST 2013 – YE workshop at Kibera 26TH – 29TH August – YE workshop at Kibera Olympic Liz (right) and Molly (in blue) after their 1st mentorship meeting at Molly beauty salon. Her mentor Elizabeth Otieno who holds an Msc in Project management has previously worked with Sudan Evangelical Mission as a liaison officer, Centre for poverty reduction of widows and orphans as a program manager and as a consultant with Humble Heights International through which she has developed experience and passion to mentor young entrepreneurs. She pointed out that; Molly’s salon is at a strategic location where the high and middle class can be accessed, she has already employed 2 workers; being part of sustenance strategy because she is expectant and will need the business to thrive through her maternity Kenya youth Business Trust, AMREF Country Office, Nairobi. Tel; +254 724 253 913, Mombasa Office Tel; +254 717 548 277 7|Page