Entrepreneur

About Me

My name is Muya oyoo. I am 29 years old single man. i live in manyani estate in Nakuru. from the main bus terminus, board a vehicle that plies section 58 through manyani then alight at dog section police station. there is a school there referred to YMCA . Facing lake Nakuru, there is a three storey building with red tiles and behind it is block 14. i live in block 14 room number 5.i sat for my certificate for secondary education in the year 2005 and attained a mean grade of B plain. In the year 2013 January i stated offering printing services using one computer that i bought and a printing machine. the business so far gives a profit margin of 700/= per day. out of 700/=, i save 400/= while the rest goes to my upkeep. the business is viable and i only need to increase the number of my computers to enable me improve on customer service efficiency.

My Business

Other than being in Business, i am employee of G4S security firm. The earnings i get from my employer have extensively assisted me to improve on my business most oftenly when the margins goes down.It may also be a source of money for repayment of this loan in unlikely event that the business collapses.It is worth noting that the business is viable and fully in a position to pay back the loan.Preference to my business as been based on quality services that i offer.i personally run my business during day time and positively serve my employer at night for a period of 8 hours.like any other business, there are several risks involved in this business one being crash down of computer due to virus infection,power black outs among others. the total turnover per month translates to n average of 30000/= with a profit margin of kshs 21000. from the 21000, i make savings of 14000/=I currently enjoy monopoly in my area of work and would like to take advantage of this to make more profit .

Loan Proposal

I will use KES 2500 to buy more customer chairs to improve on the number of customers that i can handle at a time. this will enable to increase my daily sales. KES 1900 to buy a pressure cooker that enhances faster cooking of recipe such as beef stew, beans stew among other recipe that takes long cook. I will commit the remaining balance in repair of one micro oven that will enhance timely warming of food in the event of emergency.

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