Inventory of two toners for my photocopy machine

Nancy

Funyula, Kenya

3% repaid

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How it Works

Entrepreneur

Name

Nancy

Member since

August 2015

On-time repayments

12 installments • 42%

About Me

Am Nancy Rose, I was born in 1989 and the fifth born in a family of Eight. I am a Kenyan by citizenship I hail from Busia County but now I stay in Funyula Sub-county and a Christian by religion.
I attended St. Andrews Bulanda primary school where I did my primary level education and later joined St. Thomas Aquinas Madende secondary school where I did my Form Four but it was after my parents had sold a piece of land so that I can finish my education.
Due to financial restrains and full of other commitments I did not manage to join university so I moved to Funyula and opened up a shop and started computer services (Netpaq Computers) in Funyula. At first I didn’t know whether the business would pick up for I didn’t have much of capital and materials to sustain peoples need but with time it picked up.
I do typesetting, printing, photocopying, binding, and laminating among others. I buy my goods in Busia Town but sometimes they bring for us the materials in Funyula town with some Indians who do normally sell for us the materials at a little bit cheap price. For instance I buy one ream of paper at 5dollars but sometimes it costs 4dollars per ream, the price rises with time and lowers with time it depends. My business booms during school days because I get tenders from schools to type set exams and do analysis also from offices e.g. Education office and Youths Office. But during closure the business goes down slightly. For during this time there no enough job to be done. But I do normally appreciate for what I get because I sometimes get a profit of 1000 dollars every month when my business is good, but when I goes down I get at least 500 dollars per month.

My Business

I operate a computer shop where people get their services of typesetting, printing, photocopying and many others. It involves buying materials from bookshops and Indians who get them directly from the company who sell at whole price. I later do my work for a profit.
A ream of papers costs 5dollars but sometimes it costs up to 4 dollars making a profit of 500 dollars to 1000 dollars should I buy a whole box at about 650 dollars . I want to use the loan to increase my stock and serve my customers continuously without fail.

Loan Proposal

Me second loan is planned to buy two toners for my photocopy machine at 6000 beach to a total of 12000.
This will help me carry out all photocopy and printing services without difficulties. This will in turn get me a profit of about 3000 each a total of 6000 in profits for the two toners since one toner is able to print and photocopy up to ten realms of photocopy papers. I want to trust you my lenders thanks in advance.