Buying a car buffing machine

Entrepreneur

About Me

Am a young man in my early 20s born and raised in Huruma estate in Nairobi Kenya. I joined Huruma primary school at childhood and completed in the same school with the Kenya Certificate of Primary Education. Later I joined Shiners boys high school for my kenya certificate of secondary education where I completed with average grades. Currently am doing part time course in mass communication at the the Regional Institute of Business management where I raise for my own school fees. My father gave me small money as he was leaving to the village after he was retrenched for my upkeep for a while in town as I would join him later in the village and that is money I used to invest
I come from the luo community there is a culture of wife inheritance after the death of husbands but i want to defy that since cases of HIV infections are rampant.
Am a man who likes making friends and visiting recreational places in the weekends or during my free times

My Business

I work around the posh areas of buruburu estate where there are car spare parts shops and and at the same time doing repairs for damaged cars.
The inhabitants of buruburu estate are well off and owns family cars hence they frequent the place to buy spares and buffing. Most of my clients are of average income and so making a living from that area is not as hard. Am sure of making around 17000 sh in a month and I use the money to pay for my rent and school fees and the rest use for savings

Loan Proposal

Currently am having a hardship in doing that buffing services for my clients since my machine broke down beyond recovery . I am forced to hire the machine from people who charge me a lot the money I would have otherwise used to restock and put in school fees. Once I get the loan I will buy the machine and this will bridge me the expenses of hiring.

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