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Saturday, August 8, 2020

Alex Munyi: How I came to own 23 matatus, Sh. 10 million wealth

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It brings together people with matatus plying Nairobi-Embu-Kutus-Kagio-Mwea-Kerugoya-Nyeri route.  After almost two years, he sold the matatu, took a loan and bought a new one. This, Munyi says, was the beginning of the opening of unimaginable doors.

For the last 12 years, he has expanded his business and now has a fleet of 23 matatus and three buses plying along Thika Superhighway. In a day, he makes Sh120,000 from his vehicles.  He also runs a clearing and forwarding company in Mombasa with the help of his sister.

Munyi also owns two trailers at the port of Mombasa. He has also held different positions in the sacco since 2008. He has been deputy chairman and is now an honorary secretary.

With over 400 matatus, Munyi is the eyes of the members. The sacco also operates an insurance company, petrol station and a tire shop in Kerugoya and Nairobi City. His goal is to own 100 matatus. Matatus Business in Kenya. Matatus Business in Kenya.

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