Cartons of exercise books from 32pgs to 200 pgs

Entrepreneur

About Me

I was born on June 26th 1994 four as the first born in a family of 4, I grew up well. I started schooling in 1998 when I joined St Augustine Primary School , it was not easy with me since I had to cover 2km everyday morning and eving, the family could not peovid transport therefore I had just to walk. By the grace of God I was able to sit for my KCPE exam and I passed well, to join the high school was a bit difficult despite the good result, through hardworking and determination I was able to join high school though most of the time I was on road because of lack of fees. After high school I became a hawker just to earn my self a long and also save money for my higher level education, it was difficult but because is as determined despite city council arresting us most of the time I succeeded.

My Business

I have a bookshop that sales stationeries and offers computer services that includes typesetting and photocopying. These goods and services are of essential and therefore they are highly on demand due to the population within the area. Why I choose this type of business is that the area I come from had no any shop that could provide parents, and schools and learners with necessary learning materials and equipments and therefore I decided to take this great opportunity to offer goods and computer services to customers. My daily costs and revenue are estimated at USD 120 dollars per month. Mostly I make a profit of USD 10. Out of this 50% usually goes on food, rent and other basic needs, 20% on school fees and the remained I invest back into business.

Loan Proposal

I will use my loan to buy cartons of 32pgs, 48 pgs, 64pgs, 96pgs, 120pgs, 200pgs and Biro pens where by a carton of exercise books cost 29 dollars for each pages and I expect to buy 2 cartons for each pages which will cost a total of 290 dollars. this will be of great benefit to my business since I wine tender in school where I expect to supply the books, a carton I will sell to them at 40 dollars totalling up to 400 dollars making as profit of 110 dollars and immediately invest back since after delivery payment take four days. this will increase my profit from 22 dollars daily to around 50 dollars daily, it will help Mr to register my business to a company to win more tenders and also pay the loan, invest back as and take care of my doughtier.

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