Funds to produce books in large quantity

Entrepreneur

About Me

I am Geofrey Yegon, born sixth in a family of nine children; five brothers and three sisters.
I started schooling at the age of 5. I attained a primary school certificate, then a secondary school certificate, after which I proceeded for my university studies where I graduated with Bachelor of Arts in Philosophy.
I was once invited to give a motivational talk to a group of young adult in a church which was far from home. At that time I did not have fare for my transport. I could not decline the invitation but I had to find ways to get funds. I borrowed some money from a friend who conditioned me to refund in two days time. I printed five books, after which I sold I refunded my friend and I got money for my transport. As a result, this is exactly how I came to start the business.
In my culture, I find it very interesting and unique that we drink milk from the calabash itself and not pouring in a cup. This could sound weird but take for breakfast, lunch, evening instead of tea and supper for the whole week.

My Business

I do write books and sell. Each book costs $3. The cost of production for one book is $1.9. So I get a profit of $1.1. I have improved from selling an average of 200 books per month to selling an average of 500 to 1000 books in a month. They are motivational books that touches people's lives. People buy these books because they need spiritual, emotional, and intellectual empowerment. I do this business because I am good at it, I am gifted in writing and I chose to use my talent of writing in generating income.
When I get income I cater for my food, transport, rent and buying house utilities.

Loan Proposal

I will buy 100 photo papers which I will use to print cover pages for the book. This cost 15 dollars.
I will buy 5 cartons of photocopy papers. This cost 18 dollars.
I will take the above to the production shop which will cost me 10 dollars.
This funding will boost my capital investment which will in turn bring me huge income. Whereas for my business partners, it will increase the work given out to them thus increasing their income.
My monthly cost of production is averagely 60 dollars. But when I sell the books I will accrue a total of 90 dollars. This brings me an income of 30 dollars.

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