Addition of stock (more trees for lumbering)
Mararo
Kisii, Kenya
100% repaid
Entrepreneur
Name
Mararo
Member since
May 2016
On-time repayments
61 installments • 90%
About Me
I am Mararo Daniel, a Kenyan citizen. I am 28 years old. I was born in a family of four, and I am the third born. My parents were farmers. I am married with one kid. I come from a village where people have not been civilized. People are still living in traditions.
It is through my parents that I am now who I am. They encouraged us to plant trees when we were young. From that, I was able to get capital with which I started the business.
I first thought of what I could do to help sustain myself and my family. It wasn't until a friend gave me an idea of starting a business of selling timbers that I went ahead and searched for the market. I asked my friend, who had a power saw, to help me make timber and I would pay him after selling them. When they were ready, the buyer came and collected them by himself.
With the little money he gave me, I went to Kisii town and got a small plot for two years and built a temporary store. I then went again and cut 6 trees and made timbers. I transported them to my timber yard. I now can buy trees and make timbers for myself.
My dream is one day to buy my own plot, build a big timber yard, and have my own pickup.
My Business
I own a small timber yard. I buy trees from farmers and hire someone with a power saw to make me timbers. I can sometimes buy ready timbers and transport them to my timber yard.
It is through a friend that I decided to start that kind of business. It wasn't until I started that I realized that timbers have high demand. Timbers have many uses. One, they can make furniture. They can also be used in building and have so many other uses.
From that small business, I can sell up to $600 in a month. From that, I make a profit of $150 a month. I use my profit to pay rent ($40). The rest I use to feed my family.
Loan Proposal
First I would like to thank you for the support you gave me to buy anew power saw. It has helped me greatly. Now am planning to buy more trees in order to transport enough timbers to my Yard. This will help me cut the cost of transporting timbers from the farm to the timberyard. Transporting few timbers timbers is slightly expensive since the cost of hiring a lorry remains constant whether it is full or half-full.
About Me
Am mararo daniel, a Kenyan citizen. Am 30years old. I was born in afamily of four whereby am the third born. My parents were farmers. Am Maried with two children.
I come from a village where people have not been civilized. People still living in traditions.
It is through my parents that am now whom I am . They encouraged us to plant trees when we were young. From that i was able to get capital of which I started with business in the year 2014 December.
I first thought of what I could do to help sustain myself and my family. It was until afriend gave me an idea of starting a business of selling timbers. I went ahead and searched for the market
. when I got,i asked my friend who had apowersaw to help me split timbers and pay him after selling them.when they were ready the buyer came and collected them by himself.
From the little money he gave me. I went in kisii town and hired a small plot for two years and built a temporal store. I then went again and cut 6trees and split timbers. I transported them to my timberyard . I now can buy trees and make timbers for myself.
My dream is one day to buy my own plot. Build abig timberyard. Have my own pickup.
.
My Business
I own a small timberyard. I buy trees from farmers ,split timbers by myself assisted by a friend whom I have employed. I can sometime buy ready timbers and transports them to my timberyard. Of late, I was able to secure a contact in two schools around my village, a contact of supplying them with timbers and firewood.
It is through a friend that I decided to start that kind of business. It was until I started is when I realized that timbers have high demand. Timbers have many uses. One, they can make furnitures. Can be used in building and so many other.
From that small business I can sell Upto $600 in month. From that i make a profit of $150 amonth.
I use my profit to pay rent($40). The rest i use them to feed my family
Loan Proposal
First I would like to thank you for the support you gave me to buy anew power saw. It has helped me greatly. Now am planning to buy more trees in order to transport enough timbers to my Yard. This will help me cut the cost of transporting timbers from the farm to the timberyard. Transporting few timbers timbers is slightly expensive since the cost of hiring a lorry remains constant whether it is full or half-full.
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$43.00
Date disbursed
Dec 31, 2016
Repayment status
On Time
Projected term
2 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Mararo a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Oct 4, 2018
J Aug 8, 2018
Mary May 7, 2018
Mararo May 17, 2018
Katja Mar 29, 2017
Mararo Apr 9, 2018
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