I will use the loan to acquire a bigger premise, buy ten more computers, internet bundles, fifteen plastic chairs, two l...

Entrepreneur

About Me

My name is Maria Adhiambo Otwalo, I am a Kenyan citizen, Born in Nakuru district. I live in Kimathi Estate. I went to Mukumu primary school. I then proceeded to Koru Girls. In the year 2007, I joined Rift Valley Institute of Technology in Nakuru where I studied diploma in information Technology (IT). After college in the year 2010, I was employed as a computer teacher in a college for two years. After a long research, I resigned from my job and decided to put up a computer business near the college where a use to teach because there was none. I started the business with my small savings and with a loan that I borrowed from microfinance called Malezi Bora. With this money I paid for the business license, acquired a room for five computers; bought chairs, computer tables, scanner and paid for internet bundles from a company called Orange Telkom Kenya. Bringing these services close to the college has really ease work for students who are doing projects that require a lot of research. The students are now able to do their research on the Internet, photocopy their notes and even scan their documents with a lot of ease.

My Business

I am running a computer business where I offer services such as typesetting, scanning, internet services such as browsing and designing of cards. my first month of the business was very slow but it picked up after wards. The second month of the business was very good and I manage to buy a photocopier machine in order to offer photocopying services. This increased my earnings and since then my business has been on the rise. The demand for these services has been on the rise because of the huge population of students who are always in need of computer services. I would like to expand this business by acquiring a bigger premise next to the college, add more computers, internet bundles, chairs and a laminating machine to cater for the increased demand for my services. This will increase the profits of my business. In future, I’m planning to open another computer center in a different area around a college to cater for increased demand from students.

Loan Proposal

Initially I had acquired a small room which could accommodate few computers but because of the increased demand for my services, I would like to acquire another bigger premise, I would also like to add seven computers, internet bundles, fifteen plastic chairs, two laminating machines, printing and photocopying papers. The number of students that require internet services on a daily basis is so huge that I cannot serve them with the few computers that I currently have. Some students are forced to come back the next day because the cyber is normally full on a daily basis. Expanding this business will increase my profits and will also enable me to bring computers services closer to needy students. I would therefore appeal to lenders to help me make my dream come true. In future, I’m planning to open another computer center around a college to cater for students needs because most colleges cannot afford to offer computer services to their students.

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