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Inspiring: How A Nigerian Makes Over N200,000 Monthly From Paper Waste! - Business - Nairaland

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Inspiring: How A Nigerian Makes Over N200,000 Monthly From Paper Waste! by MaverickExcel1(m): 10:37pm On Aug 26, 2015
I am super excited to share this post with you because it is a story of a Nigerian-inspired business. This is a very rare business idea that any “right-thinking” person will dismiss and ignore. But you’ll be amazed beyond your wildest imagination that a Nigerian man (yes, a Nigerian with same challenges and obstacles like you have) is making over N200,000-N300,000 from it.

This story only reminds me that there’s no end to what we can achieve if we could only believe in our ideas and start with the little resources we have at hand. This story gives me a reason to believe and dream. I think you’ll be motivated too.

“NECESSITY has led some creative people to seek solutions to the problems of packaging commodities like gift items, books, food, medicines and other light articles bought in departmental stores and the open market for customers.

These group of designers are turning around materials some companies and schools, including individuals, consider as waste to gold. They go around collecting items like papers and cutting them into different pack shapes and sizes.

After cutting, they stick them with adhesive; turning them to small bags shop owners could use to package light articles for their customers.

Apart from selling these small bags, which sometimes could be used as wraps, the designers often go to the extent of customising them with logos and other vital information. Commenting on how he has been able to eke out a living from waste papers, Obierika said he went into it went he discovered that some small shops were finding it difficult getting wrappers for their customers; so he tried cutting some waste papers into manageable shapes that would assist shop owners as wrappers for their customers and it worked.

“All papers are important. We go to newspaper houses to buy their unsold and also to some individuals whose collections are much and they would want to do away with them. We buy them based on measurements. We get a bundle of 12-inch high newspapers within the rage of N200 to N500, but less for news magazines.

Newspapers are broader and one could get more cut outs from a paper. We also get other categories of papers like computer printouts. “After cutting them into bag shapes, we glue each with starch paste. Starch is lighter, cheaper and more durable than gum,” he revealed. On how he sells them, Obierika informs that the wrappers are sold in packs of 12 to 13 pieces, depending on who is buying them. “A pack goes for N200 to N500 depending on the size.

If well managed, we could get up to 1,000 packs of A4, 200 of A3 and a few hundreds of C4 from a bundle of newspapers. And as the sizes differ so are their prices. A3 goes for N250 to N600 per pack, while C4 goes for N300 to N650, the bigger the packs the higher the price.

“The business is good. Imagine with a bag of local starch costing N10,000 one could get the wrappers done and make five times my overhead. It’s a business that involves steady supply of waste papers, which is the reason we depend heavy on newspaper companies and schools....

This story is a long one but if you want to read the full article you can click here
http://maverickexcelxcelxcel.com/how-a-nigerian-makes-over-n200000-monthly-from-paper-waste/

Could this be possible? Share your thoughts
Re: Inspiring: How A Nigerian Makes Over N200,000 Monthly From Paper Waste! by EdgeUp: 10:41pm On Aug 26, 2015
really cool

1 Like

Re: Inspiring: How A Nigerian Makes Over N200,000 Monthly From Paper Waste! by Obaf16(f): 8:37pm On Aug 28, 2015
It could b possible

(1) (Reply)

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