Laminating machine for computer/printing services shop

Samwel

Nakuru, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Samwel

Member since

March 2015

On-time repayments

173 installments • 25%

About Me

my name is SAMWEL KORIR... I was just born in a village called Kaptebee in Turbo location, Uasin Gishu district. I was the fifth born of eight children. I started my school at the age of five years which the school was located on a seven kilometers away from home. My father was a farmer and my mother was a housewife.. at school I started my business of selling boiled eggs and by the time I was in class eight I had known about business and alot of costumers knew me. After form four... I start selling in a shop until now I have a big inventory.

My Business

after schooling I travelled to Nakuru town a rented a small shop and started selling boiled and fresh eggs which gave Me handsome profit.. the profits I got I put them on saving account.. the money has accumulated until it was enough to have another accomodative shop. I went ahead and have a mini supermarket and stocked it will all sought of goods ,soda fruits, grocery and all other supermarket goods. I started earning profits until I bought a motorcycle to help me in transportation of goods fro and to the shop from the main market which is far away from the shop. customers started flowing in because I sold my goods on a reasonable price.
My goods are fresh, first class and of good quality. Thanks to Zidisha for always giving me good loans to stock my shop.

Loan Proposal

I would like to purchase a laminating machine for my computer shop and to add some printing paper in it too. A laminating machine costs approximately 60$ but I have paid halfway for one and will buy it at 30 $.
I will also use 20$ to buy plain photocopy and printing paper. I have been having a printer and will add another one later on in the year. However, the current demand of students needs at least an additional 20$ of plain paper, approximately 5 rims of 500 A4 sheets in each rim. That’s 2500 A4 plain papers.
This should meet the demand.
I will buy a hardy stapler and a binding machine that costs 33$ and add stationery such as pens, blank CDs and plastic bag folders which are common with the university students. These additions should make me a good profit.
When I type and print on plain paper I usually charge 30 Kshs per paper I print, that’s approximately 30US cents per page. So for 2500 plain A$ papers I should be able to make a profit of around 5,000 kshs (55$) per week.
I will bind proposals at 10$ per 100 to 200 page proposal.
This should enable me pay the loan and safely reinvest my proceeds in the computer shop, eventually being able to purchase an additional computer with the increased proceeds.