163 weekly installments • 85%
I was born and raised in a small village in the slopes of mount Kenya. In my childhood days, I always dreamt of being a writer and I started writing as early as when I was 10 years.
I used to write short stories for my friends to read and they would really appreciate. My English teacher especially encouraged me that I was a good writer and this was a great motivation for me.
By the time I had joined high school, I knew I wanted to write, focusing on educating children on issues affecting our community day by day. So far, I have been able to write and publish two books that are already in the market. Book one is titled Disability is not Inability, that encourages all children that no matter the challeges they face, they can make it in life.
Book 2 in a short story that teaches children between the age of 6 - 7 about HIV/AIDs, how it is spread as well as the care of those who are affected and those that are infected.
Through the money that I have raised by selling my books, I have been able to open up a small printing and photocopy shop. I would like to expand my business to become a cyber cafe with several computers. I would also like to start selling printing materials and stationery to maximize on the space that I have in my shop as well as to generate more income.
The extra income will also facilitate me to hold talks to reach out to more children to educate and encourage them that they can also make it in life.
In my shop, I also offer graphic design, branding, typing and printing, document lamination, document binding document scanning, printing and photocopy services. I chose this business because I am able to meet and interact with many people.
Through offering all the stated services, and having expanded my business with the last zidisha loan, I am able to make about Ksh. 7,000 per day. This amount minus the cost of the day which includes, toner for the photocopier, ink for my ink jet printer, printing and photocopying papers, lamination papers and electricity leaves me with about Ksh. 3,500 per day as the profit.
With my previous loan, I converted my printing shop into a cybercafe. Granted the loan, I plan to buy two more computers that my clients will use to surf the internet and do their own typing. I did market research on the same and found out that each computer will cost me roughly 12 dollars.
By bringing in the new computers to my shop, I will be able to accommodate more Clients who need typing services and they will no longer queue waiting for me to do it for them. They will be able to access the services on their own. This will enable me to concentrate on other clients who need services like graphic design and cannot do it themselves.
I expect my profits from the additional two computers will increase by about 6000 KES. I'm gauging this in regard to my current customer flow, i.e. the number of clients who come looking for typing and internet surfing services at my shop and have to either queue or leave if they are in a hurry.
It is my hope that you will consider my application for a loan. Thank you in advance.
Sep 11, 2016
Cost to entrepreneur
Service fee: 5% of $362.00 = $15.92
Morine opted to pay $21.77 into the Zidisha Members Loan Fund in return for a higher starting credit limit.