Kyalo is a proud father of 2 daughters, his hobbies include travelling, reading books and keeping tabs with current affairs. Fathering his daughters and giving them the best education is the reason he strives to make it in business.
His journey in business started 8years ago when he was employed in a textile factory where he perfected his tailoring skills. The pay was not commensurate with the work and every day he desired to venture into business. A time came and the company was resizing and unfortunately he was not spared by the layoff. With the compensation he received, he started a tailoring business in the industrial area with very little equipment, he identified a gap in school uniforms and industrial uniforms. He researched about the market, sourced for few clients and eventually made this his niche. The profit margins were good and promising. He was quick to share that good customer service and quality of work has been earning him referrals all along.
Schools are his major clients, this means that his business is seasonal, specifically when schools are opening. Easter of 2022 was particularly a challenging yet rewarding time for his business, this is because he had done bulk supply to schools and the payment was delayed, he also had orders for April/May season but he did not have the financial capability to meet the orders. He also had salary arrears for his 2 employees. He had tried to source for financing from other lending institutions but the amount they were offering was very little yet the conditions/requirements were very many.
He visited his friend in Uhuru market and when he shared his business challenges, the friend referred him to 4G capital. He contacted the South B office and when the officers assessed his business, he was in disbelief to learn that all he needed was a running business, Identification card and referees. To make it even better, he was qualified for a loan of $300 which he received the same day he applied. He said that at this point, he was very sure he would be able to make his dreams a reality with 4G Capital as he was able to pay his workers and buy the materials needed to start the work before the customers could process a down payment and meet the deadline for the orders.
Kyalo has since taken a total of 51 loans and his loan limit has increased to $1500. The number of employees has increased from 1 permanent employee and 2 casuals to 5 on permanent basis and 4 casuals. His production has increased from 500 pieces to 1500 per season which created a need to add the sewing machine from 5 to 7. He attributed the growth to the well calculated loan increment he has been getting and the financial/business management skill taught by the relationship officers . Savings, Debt management, Customer service and marketing skills have stood out for him because other than the visible business growth, he can now comfortably afford school fees for his children alongside other basic needs. He was able to open a business for his wife beginning in 2024 and is in the process of acquiring a family asset alongside an ongoing project at their rural home.
He aims to create employment opportunities for more households by expanding his business to facilitate bulk production for factories and schools, as well as by opening additional ventures.
“I encourage business owners looking to grow their businesses to join 4GC, as they face no competition. From professional officers and competitive loan interest rates to financial training and exceptional customer service, 4GC offers everything a business person needs. The key to success is simply ensuring that loan funds are used solely for business purposes,” said Kyalo.
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