Mwatate residents set to benefit from Sh 60 Million business deal in secondhand clothes

Residents of Mwatate constituency are set to benefit from a Sh 60 million worth of business in second hand clothes, after their MP Andrew Mwadime entered into a partnership with an investor from Eritrea.

Receiving the consignment, the MP thanked Bereket Group, saying the partnership would go a long way in transforming the lives of the Taita-Taveta County residents through business.

From now on, wananchi, especially women and youth will be self-employed through this project. They will get the bales on credit after giving in a deposit of as little as 500 shillings and make full settlement after sales, said Mwadime.

He lamented that poverty and unemployment had reached an alarming rate, and attributed the escalating insecurity in the area to illicit brews and drug consumption, among others.

At the same time,Mwadime asked the government to set aside more than S00 million to restock local ranches, which had been leased by livestock traders from outside.

The funds will enable local ranchers to buy livestock to restock and fatten their livestock for sale, he said.

The ODM legislator said restocking of local ranches would also create job opportunities to the local community.

Speaking during the occasion Sunday at Mwatate town, the chief executive officer of Bereket Group, Yonatan Bereket expressed willingness to partner with the local small scale business people in order to uplift their living conditions.

He revealed that his company dealt with major second hand clothes business malls in Ghana and Nairobi among other countries, where trusted local traders are supplied with the goods which they pay for in installments.

Small scale traders will pay for as little as 500 shillings deposit for them to be supplied with the clothes worth over Sh 10,000 for sale. Once they are through with the sales they will pay back the money and will be left with the profit, said the CEO.

He said that the container which he had brought to the Mwatate people as a start had 100, 000 bales of quality clothes from Italy, America and Dubai.

He disclosed that thousands of youth and women would benefit from the project that would open up the economy of the people whose larger population is living below the poverty line.

This is a big project to support the county. We will give the traders enough time to sell their goods and are then expected to service the credit facility and of course buy more goods, Bereket said.

He continued We are doing this to encourage the local community to work and improve their socio-economic status. The main distribution centre for the county will be in Mwatate town.

He urged residents to form groups and put in place project committee that will be charged with the responsibility to manage the project.

The project chairperson AggyWakio said youth and women from Mwatate, Taita, Voi and Taveta Sub Counties will benefit from the project.

We are fully supporting the project because the investors have established Gikombaa market in the region, she said.

Wakio pointed out that the beneficiaries will be trained on how to manage business first, before they are supplied with the goods for sale.

Source: Kenya News Agency