Installing a new head for the photo printer

Entrepreneur

About Me

My names are Elias njoroge.I was born and raised in wanyororo b,bahati north district,nakuru county.I was born in the year 1980 the first born of a family of seven children.I was enrolled to our lady fatuma primary school in the year 1980 and completed in the year 1998.I later join oasis secondary school and completed my fourth form level in the year 2002.In both level i managed to score pass grade but due to financial constrains i was not able to further my education.In 2003 i embarked myself in doing odd jobs and the earnings that i managed to safe i bought myself a camera.Since then i ventured myself in the photo business.The earnings that i got from my job enabled me to buy a modern printer Epson 660 which i can know process my photos by myself.I was also able to purchase a digital camera and open my own studio shop at wanyororo b trading center under the name of njosh studio.

My Business

My business goes under the name of njosh studio.Its located at the center of wanyororo b trading center.My business offers the service of processing photos taken from digital cameras and phones.I also take photos from my own camera since i am qualified photo man.I also receive invitation from people who have functions like weddings,burials,birthday party, wedding anniversary or any special occasions.Currently my business is on high demand because i have the printer and most photo men in our area depend on me for the production of their photos since i offer quality photos at a fair price.The business is profitable because in our area i am the only person who owns the photo printer.Currently my business faces the risk of maintaing the photo printer which is so expensive in repairing.At the moment the machine requires in agent a new printing head which is so expensive so that i may run the business smoothly.My monthly typical coast is about 10000ksh and my sales revenue is about 30000ksh thus getting a profit of 20000ksh(N/B this value are not actual because they vary with different factors.)I f funded i will use the amount given to purchase a new printing head for my machine

Loan Proposal

The amount given by the lenders will be used to purchase a new printing head for the photo printing machine to replace the one which am currently using which creates a lot of defaults.The default head creates alignments thus producing photos which are not very clear and also of low quality and this has resulted to a decrease of customer hence a reduction of income in my business.Once i have replaced this printing head of my printer, this will make the printer to produce high quality and clear photos thus increasing the number of customer hence a huge increase in revenue.Once installed i will definitely be able to pay my loan on time and my business will have sprung again.Its my hope that lenders will have trust and faith in me to facilitate me with the finance so that my business to sprung again.

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