Buying stationeries for my business

Entrepreneur

About Me

I was born in Nairobi, in the slum of Mathare. I joined Mathari primary school in 1981. I was later enrolled in Eastleigh High School and Nairobi Institute College where I attained Diploma in Draughtmanship. I worked as a draughtsman until 2013 when I joined my wife who is a trained secretary in our family business. We have two children one in primary school and the other in secondary school. Both would like to join us when they finish school. Currently we leave in Mwea. This is a rice growing area under irrigation. When not in work I do community work and reading.

My Business

We started our business in 2010. We offer secretarial services i.e typing, printing, design of wedding and birthday cards and selling stationeries. We have currently started shooting passport photo. We decided to venture into this business after identifying the problem facing the residents: most of them are not learned. For instance some bring documents written in English to be translated in their mother tongue for them to understand. Our profit is currently 60% of our purchase which is approximately 480dollars per month. We use our profit to pay our family bills including school fees for our children and expanding our business.

Loan Proposal

I want to buy 15 reams of photocopy papers each at 3.3 dollars.
I will able to meet the needs of my clients who are increasing daily and i will benefit by increasing my profit. I do expect the profit to increase by 10%

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Loan Info

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