If you're struggling to find ideas or inspiration on how to use your loan to boost your business, you're in the right place.
Make More Money with Your Loan: Tips from Fellow MESHers
This article shares tips from other Mesher on how they've used their loans to improve their businesses and make more money.
1. Invest in a Business That’s Already Making Money by Increasing Stock
MESHers wengi wametumia loans zao ku-invest kwa areas za biz zenye already zina generate income.
For example, kama uko kwa biz ya kuuza clad, na demand iko high, unaeza need ku-increase your stock ndio u-meet hio demand.
Or, kama uko na retail shop na products zina sell out haraka, consider kutumia loan ku-add more stock, especially zenye ni fast-moving na customers wanaulizia frequently.
Ama kama wewe ni MPESA agent na ukona limited float, unaeza tumia loan ku-boost float ndio u-meet customer demand.
2. Add Extra Services That Can Bring in Additional Income
Another way ya ku-make more dough with your loan ni ku-offer additional services zenye zina-generate extra income.
For instance, kuna Mesher anaishi hostel alitumia loan ku-buy cooking oil na other food ingredients, allowing her ku-cook food in larger quantities for her clients.
Another example ni freelance braider mwenye ali-decide ku-offer nail services to her clients.
She simply asked her clients kama wangetaka ku-have their nails done as well, na akatumia loan to purchase a basic nail kit.
3. Invest in Something That Can Attract More Customers
Unaeza pia consider ku-invest in tools ama services zenye zinasaidia ku-attract more customers.
For example, ku-purchase a good smartphone inasaidia ku-take better product photos, zenye in turn, zina attract more customers.
Alternatively, unaeza hire a social media manager akusaidie ku-make sales through WhatsApp groups or other social media platforms.
4. Invest in Tools That Will Boost Your Productivity
Kama biz yako ina-involve high-demand work, ku-invest in tools kukusaidia ku-increase your productivity ni smart move.
Kwa mfano, kama wewe ni video editor mwenye ako na high workload but unaeza only deliver three videos a week juu ya kuwa na slow laptop, kutumia loan ku-buy a faster laptop itakusaidia ku-complete more projects.
Similarly, kama wewe ni online content creator na your audience is growing, unaza invest kwa more professional tools kama better phone, microphone, or lighting, or hire a video editor ku-produce higher-quality videos.
Hizi investments zinaeza attract better brand partnerships and grow your biz.
5. Use the Loan to Refurbish Your Business
Njia ingine effective ya kutumia loan ni ku-refurbish biz yako. For example, kuna Mesher mwenye alitumia loan yake ku-refurbish her salon.
A well-maintained salon inaeza lead to happier customers, which, in turn, ina results in more income kwa biz yako.
For more tips and inspiration ya how unaeza tumia loan to make more money, click this link ujifunze from other MESHers wenye wame-successfully leverage their loans ku grow biz zao,