HOW TO MAKE MONEY AS A WATER CART BUSINESS OWNER

The involvement of entrepreneurship in Nigeria has made many industries to make money out of nothing. The water industry will continue to enjoy rapid growth because of its essential nature. Like an adage which says, “one never lost in water business”. Just because water is nature gift and exist in abundant, especially in this part of the world.

          Water cart business is not let alone in this case. Water cart in an open wagon usually having two wheels filled with kegs of water. This is one of the business that has been in existence for a while but people are not paying attention to it. It is what I normally hidden treasure.

          This type of  business is common among the “mallas or abokis” known as maruwa of water vendor. A water vendor is the one who deliver jerry cans full of water to house, on the street or new construction sites, without any borehole or water system and been paid for his service.

           Though this is common among the Abokis, you too can participate and become rich. Here is how I expose the business for your better understanding.

          BUSINESS OPPORTINITY IN THE BUSINESS 

Research had revealed that several houses rely on water vendors to supply them with water. Back in the days when we had good governance, several landlords didn’t need to bother about drilling boreholes in their houses as there was steady supply of government public water all over the country. But the whole system is bastardized now, and all the houses that depends on the systems have to find their own means of getting water.

          Also, the epileptic supply of electricity had worsen the whole situation. Some developing areas like Iyana-Ipaja, Agege, Ipaja, Akowonjo, Igando, Mowe along Ibadan expressway, the out skirts of Ajah and Lekki in lagos and other part of the state are places

where these opportunities can be explored. So, if you have your house in any of these areas is an opportunity you should take advantage.

YOUR EXPENSES

A water cart (that contains 10kgs) from a welder around cost between #6,000 to #7,200

 two pairs of types cost #3,000.

10 kegs ( 25 liters ) with each cost 400 or 450-# 4000 to #4500. The total expenses will not exclude 15,000 depending on the barging. 

MONEY-MAKING OPPORTUNITY

The amount you rent it out is just a minimum of #250 depending on your area and some time may exceed that. Don’t  look at the money, became little drops of water , they say make a mighty ocean. Afterward, you make your entire capital back in 100 days. It is like saving money in a bank and you know that everyday, you get a #200 commission for your savings.

HOW TO PROTECT YOUR INVESTMENT

Like every other business, it also has its own risks, but it can be prevented. You know the “Mallams” you gave your water cart out to may abscond with the cart. One last advice to prevent this, is that before you rent it out, the “mallam” normally have a leader in whatever area they are, you can go to this leader, tell him to give you some boys to work with and whatever thing that happen you know the person to hold responsible.

HOW THEY RUN THE BUSINESS

They wake very early to borrow the water cart from the owner and fetch water. They normally fill the 25 liters kegs with  #50 and sell at #250. According to the meruwa, he said, he supplies 10 people in a day and make #2,500 from 6pm to 9am which make the business more lucrative.

          The effects on the community cannot be over emphasized, as it keeps many able bodies one who would other wise have been jobless. Thousands of naira may be made as profit within five months if done in a large scale.