Timber and firewood logs

Wycliffe

Nakuru, Kenya

Expired

$0 to go

100% funded of $400 goal

0

days left

Entrepreneur

Name

Wycliffe

Member since

May 2016

On-time repayments

9 installments  •  100%

About Me

I was born in the year 1900 in a family of seven children. My parents were poor and could not educate us beyond class eight. After std 8 I decided to go to town and look for a job and that’s how I landed in Nakuru. I worked in white man’s farm as a watchman between 2007 to 2010 and then resigned to start my own business as a charcoal dealer and firewood seller.
Iam married and I have two children that I love so much. My first born is a boy and he would like to be an engineer in future. The second born is a girl, she likes cooking with the mum and his future dream is to become a nurse.
On weekend when not at work, I like having time with my family. We do go to forest, climb trees, pick wild fruits, play hide and seek games. Then we would sit down under a huge tree and tell stories. I do encourage my kids to study hard so that they live a better life in future as oppose to mine. I do illustrate to them the kind of work that I do to fetch for them so that they become comfortable and excel academically.

My Business

I buy trees and hire a power saw man to fell and chop them into logs and then I look for the market around and sell them to schools. The branches I burn charcoal and sell in the Bahati market. I also sell timber if I come across good trees. A tree goes between kshs. 4000 – 5000. Then I use again ksh 2000 for the expenses. I make an average profit of kshs. 4000 per week.
If zidisha lends me the stated amount, I will add to my savings and buy a power saw machine to use in my business so that I cut down the cost of hiring the machine and in return maximize my profit.
If I make a profit of kshs. 6000 per a week, I will move my children to good academic schools and this will make them pass exams well and have a better life.

Loan Proposal

To increase my profit, I want to minimize my cost on transport by buying a motor cycle that will help transport firewood logs to my customers at their door steps.
One bunch of firewood logs is usually charged by motor cycle at ksh 300. So if Zidisha lends me the stated amount of kshs. 40000, I will buy a second hand byke and use to transport my logs to my customers, this will further saves my business on transport charges.

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Loan Info

Project Type

Classic Loan

Amount requested

$400.00

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