I intend to use this loan to purchase a printer @ kes 5500, a laminating machine @kes 2000 ,use kes 1500 to add more sto...

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Ljnn

My Business

I AM VERY COMMITTED TO MY

Loan Proposal

Intend to use this loan to boost my business by purchasing the following items. First i will purchase a printing machine which does printing, scanning and photocopying which costs KES 5500, the one that am currently using is a bit old and it breaks down from time to time. This new machine will supplement the old during peak periods in the business and also act as a substitute when the old is being serviced. Secondly i will purchase a laminating machine which costs KES 2000 this is due to the demand by most of my customer for their urgent need of lamination services as most of my competitors do not offer these services and my lamination was a second hand so it broke down beyond repair. This will boost the profits acquired from the business and also enhance a good customer service delivery. Also i will use KES 1500 to add stock in my business which includes realms of printing and photocopying paper, laminating paper, envelops and writing papers.
The remaining KES 2000 intend to use to purchase components for my final year project at the university which cost KES 8000.This project is about an automatic changeover switch that is microcontroller based and most of the components used are expensive. The amount from this loan will help me raise the KES 8000 required to complete my project and be able to graduate.

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