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
I here by again re_apply for the loan that would enable me purchase a new power saw that will cost about ksh60000. Once I receive my loan, I shall top the remaining amount from my past savings.
I have decided to add a power saw as I have found anew market where I can make timbers and their at the sight sale them to distributors. This shall make me not to depend at only those customers who come to buy from my timber yard.
Having two machines will a sure me of continuity of work as in when one has a mechanical break down the other one will be doing work. And when all are in good condition, I have aboy who assist me run the work, and this shall simplify the work and be able to asure my distributors of serving them promptly.
By starting this business business I expect huge profit as I sale at wholesale price but sale in huge quantity. Than selling one piece of timber at a high price but sale few timbers. Wish to hear from you. Thanks in advance.
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
I here by again re_apply for the loan that would enable me purchase a new power saw that will cost about ksh60000. Once I receive my loan, I shall top the remaining amount from my past savings.
I have decided to add a power saw as I have found anew market where I can make timbers and their at the sight sale them to distributors. This shall make me not to depend at only those customers who come to buy from my timber yard.
Having two machines will a sure me of continuity of work as in when one has a mechanical break down the other one will be doing work. And when all are in good condition, I have aboy who assist me run the work, and this shall simplify the work and be able to asure my distributors of serving them promptly.
By starting this business business I expect huge profit as I sale at wholesale price but sale in huge quantity. Than selling one piece of timber at a high price but sale few timbers. Wish to hear from you. Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$534.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
3 months
Lenders
Orlando, Florida, United States
Østre Gausdal, Norway
South Bend, United States
South Africa
Minneapolis, United States
United States
United States
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Germany
Denmark
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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