Coloured printer for my shop to improve the quality

Alphonse

Ugunja, Kenya

100% repaid

Entrepreneur

Name

Alphonse

Member since

May 2015

On-time repayments

58 installments  •  29%

About Me

I am called Alphonse Ouma born on 02nd February , 1988 in a village called Kolwa Central in Kisumu-Kenya.
I went to Mbeme Primary School where have done my primary school level and graduated in Class 8.
I later proceeded to St. Ignatious Secondary School in kisumu where i did my O'level.
I was not able to continue with Education as I was willing to join University but lack of fees dint allow that but I am still wiiling to continue with education if I may manage the fee.
I try to hustle for fee but i wasn't able to make, so I was employed by a friend of mine in Ugunja Town -Kenya. My friend later adviced me to be saving little to start my own business. I did exactly I was able to save Ksh. 200 daily and now am running atleast my own cyber cafe.
What is unique about the land is that i can see young people are coming up with their own business.
I still don't have a family yet, but am planning to have it any time soon, God willing.
I do listing to gospel and other musics as my hobbies, they do inspire me if I reflect where have come from.

My Business

cyber cafe services, Photocopy, Typesetting, Lamination, Binding and other designings. These services are in demand because we deal with teachers, students and locals around the Town and village near it. It came to my attention that nobody was offering the same services prompting me to carryout the services. This has been my field since i came out of school, therefore have got an experience on this business and that's why I venture into this business
My topical costs are may be things i do purchase for the business to run smoothly, I do perches papers in bulk for my shop, I do repair for my machines, I top up my internet every month and also service my printers. this is being done by the amount have raised through out the month.
I have been using the profit to educate our siblings, this is because my family are poor and may not manage some few thing, so I have to come in and give support. Part of the profit I use to increase the business because my dream is to open a big one in future

Loan Proposal

I want to buy a colored printer Epson L210 = $ 27
This will enable me serve my customers because they have asking for colored printer and this will increase my sales because will charge little bit higher compare to black
If I can print 50 copies black at Ksh. 10 per sheet, then colour will be Ksh 20 per sheet, that is the margine am expecting.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 17, 2015

Repayment status

On Time

Projected term

4 months

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