Buying computers for retail

Entrepreneur

About Me

Am 27 years single young & enthusiastic gentleman. Am the only child of a single parent, my mum, who raised me in a christian based foundation. My mum is a trained primary school teacher, been in the teaching career for the last 26 years.
She has inherited a 2 Ha. piece of land from my grandfather, where she has built a residential permanent house.
For me i live on my own near the capital city of Kenya, Nairobi. Am through with my college, where i did a diploma in Information Technology and Graphic Design. Currently am doing business for selling IT items like Computers & its Accessories at Nairobi CBD.

My Business

My source of income is my personal business, where by i buy computers & its accessories from wholesalers & sell the at a retail price. I as well do repair & maintenance of the above mentioned goods to personal users and corporate companies as well.
There is demand for goods because, Information Technology is fast growing here in Kenya, the country is needing computer services more & more especially in the interiors areas, the up-country towns so i really get orders to supply computers in high schools & administration centers like Area Chief's Offices.
My customers prefer my commodities since i offer a lengthy warrant of 2 years for the products and i do a follow-up after sales to ensure the goods are fully functional & the client is comfortable.
The business is profitable because not many people have been able to venture into it, so there is no flooding competition for supply from vendors.
The business faces the risk of bouncing cheques, if a client pays through a cheque then after i deposit it to a bank it bounces resulting to inconveniences.
My typical monthly cost ranges between 500USD to 900 USD. My sales revenue are through people who work in Government Offices and other well established organizations who know me and my Business and they make connection for me or they assist me to win a public advertised tender.
Monthly basis, i make good gross profit of almost double what i invested.

Loan Proposal

I intend to buy Imported Computers and their accessories from the local importers.
The benefit from this business, is that Information Communication Technology platform, here in Kenya is really on a high increased tremendous growth rate thus enabling those who venture into it an unfailing and very promising profit and a continues future in the said business.
Am convincingly confident enough to my lenders to support me in purchase of the ICT products since its great business entrepreneurship opportunity that lays ahead to be grabbed.

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