Color printer for my typesetting service

Hellen

Kibos Village, Kenya

31% repaid

Follow Hellen

How it Works

Entrepreneur

Name

Hellen

Member since

January 2015

On-time repayments

54 installments • 13%

About Me

I come from a humble family of seven children; three girls and four boys. I have been blessed to go through high school in this part of the country where in our early days the girl child was disadvantaged. Because my parents have to cater for all of us from their small income I started a computer bureau where I offer computer services like typing and printing. This aids me in catering for my college tuition where I study business.
Our home town is rich in the fishing industry because of proximity to the lake. In my free time I engage myself in nature walks and community work where I love working with small children in a nearby children's home.

My Business

I primarily deal in computer services like typing, printing and type setting. Most people do not have personal computers in our area so they seek services from bureaus whenever needed.
I chose this business because I saw the need in the community and immediate customers that require the service. My typical costs range about 80 dollars monthly which include power, rent and printer ink.
Currently I use the profits to pay for my college but if I get more I would like to reinvest and improve on my computer performance by increasing memory and buy a better printer which is colored. This will help me get more income and be able to give support to the children's home I associate with.

Loan Proposal

If granted the loan I plan to buy more memory to increase the speed of my computer at a cost of 20 dollars , then buy a better printer that is colored to be able to do even colored print outs. This I will be able to achieve by using the loan money to give a downpayment of 80 dollars and pay the rest in two monthly installments as agreed between me and the seller. The printer will cost 100 dollars.
After I do this I will get more profit and be able to pay my college fees more promptly and will be able to give 5 dollars to the children's home monthly. I expect my profits to increase by 40 dollars monthly.