How Franklin Started a Mchanga ya Gold Business in Lodwar

Have you ever thought it's possible to make money from mchanga ya gold, also known as gold-bearing sand?

In Lodwar, Franklin Waswa spotted an opportunity in this business and decided to give it a shot. He started with KES 15,000 which he earned through forex trading and decided to try his luck in selling gold-bearing sand.

Here is how he started, found customers, and learned to manage the challenges of entrepreneurship.

Mchanga ya gold refers to sand containing gold particles. This sand is found in riverbeds, streams, and other sediments is commonly associated with alluvial gold or placer deposits.

These deposits form through natural processes that break down gold-bearing rocks and transport their particles through water and erosion. Since gold is relatively heavy, it can settle in certain places along riverbeds and other sediment deposits.

However, si kila mchanga iko na gold ya kutosha kufanya biz iwe profitable. The amount of gold varies from one deposit to another, so proper testing is necessary to establish whether the material has commercially recoverable gold.

For anyone interested in this business, understanding the market and verifying the quality of the material is essential before investing money.

Franklin says he got into the business after finding himself with little to do. Instead of staying idle, he identified an opportunity and decided to try his hand at selling gold-bearing sand.

His starting capital was KES 15,000, which he had earned through forex trading. He used the money to get his business started rather than waiting until he had a bigger amount of capital.

Hii inaonyesha kwamba sometimes opportunity huja wakati haujaplan sana, but what matters ni vile unaichukulia. Franklin saw a business opportunity and decided to explore it using the resources he had.

However, starting a business requires more than capital alone. Researching the market, understanding customer needs, and planning for operating expenses can help entrepreneurs make informed decisions before putting their money into a new biz.

Read also: Read also: How Pauline Started her Fashion and Beauty Business with KES 20,000.

According to Franklin, customers find him at his business site, which had already become known to people interested in his services.

He says he focuses on doing quality work, and customers have appreciated what he offers. This has helped him build a reputation and attract people to his business.

Kwa biz yoyote, customers wakipata service poa, wanaweza kurudi tena ama kurecommend huduma zako kwa watu wengine. Franklin’s experience highlights the importance of reliability, customer satisfaction, and building trust.

Cheki pia: How Steve Started a Collectibles Business with KES 5,000.

One thing Franklin enjoys about running his own business is independence. He says he does not have to deal with a boss because yeye ndiye boss wake mwenyewe.

Being your own boss gives you the opportunity to make business decisions and take responsibility for your work. However, entrepreneurship also comes with risks and unexpected expenses.

Franklin says his sand-washing machine sometimes breaks down after every two to three weeks. Hii humaanisha kuna wakati anahitaji kutumia pesa kwa repairs na maintenance, which can affect business operations.

Franklin says MESH has helped him think better through things as a businessperson. He's also learnt a lot about different biz ideas as well as landing some opportunities.

Franklin’s says if you are looking to start or grow a business is, it is important to work hard and stay consistent.

An idea inaweza kuwa poa, but success pia inahitaji kujituma, kuhudumia customers vizuri, na kujua vile utahandle challenges zinapotokea.