Poster paper & ink for my printing business

Entrepreneur

About Me

Hi, I am Bartega Bandi, 26 years old. I was born and raised in Vihiga County, which is found in the western part of Kenya. I have a diploma in Information and Communication Technology. When I was in my final year in college, my father, who was the sole provider in our family, lost his job during a down-sizing in the company where he used to work. I was already saving some money, which I earned by providing computer software installation and maintenance services to other students.

To increase my income, I bought a deskjet printer and started printing assignments for students. I learned Photoshop through tutorials and started editing and printing photos. That enabled me to pay my final year fees and still support my family. After college, I rented a space to continue with my business.

My Business

I run a small printing business. I design and print brochures, photographs, newsletters, etc. This service is in demand since schools in general are increasing the number of students they intake every year. In Kenya, college assignments are required to be printed on hard copy before students submit them to lecturers. Some primary and kindergarten schools usually outsource exam printing jobs.

I am also involved in computer repair and maintenance, to help non-technical people who have no idea on how to solve various computer problems. I make an average of Kshs. 2,000 (20 dollars) a day. On some days I make up to Kshs. 4,000 (40 dollars). I save an eighth (1/8) of the profit the business makes, a quarter for reinvestment, and the remaining to support my younger brother, who is in high school.

Loan Proposal

Hi,
I would like to request for a loan to purchase more papers for printing posters and printing ink. One 100ml bottle of printing ink costs Ksh. 150 ($1.44) and a ream of A4 glossy paper, which has 100 sheets, goes for Ksh. 250 ($2.41) using the current conversion rate. An aspirant candidate can print even more than 5,000 copies, so I would require a lot of papers. This will increase my monthly profit since a single A4 poster costs Ksh. 15 ($0.15). I expect my profit to increase by 30% during this campaign season.

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