Light box farbrication

Entrepreneur

About Me

David is a graduate in finance currently pursing my MBA from Kenyatta University in Kenya. I grew up in a middle income family that believes in education, I was however one playful character and my attention was divided between education and games and being a boy. I joint high school in 2003 and later got a place to study B.com at the Catholic University of Eastern Africa. I graduated with a second class up in finance and high hopes of securing a well paying job. However this was not the case and i had to engage in a variety of businesses such as selling second hand cloths for up keep. My parents sponsored my Masters education and it is here where i met a friend working in the advertising industry and got interested. She introduced me to a few players in the industry and it is no surprise that i worked for one firm before deciding to venture into the business.

My Business

I have been in the advertising business specifically out of home advertising for the three plus year. I do street light, four sided advertising media such as the one on my profile picture above and fabrication of light boxes. In a bid to meet the demand in out of home advertising in counties that has been orchestrated by devolution, i would like to fabricate 30, 1M X 2M light boxes for my clients in Makueni county at a cost of KES 5000 per box and an additional installation cost of KES 2000 per piece. The Total cost will be KES 210,000.
The rental cost per Light box is $ 150 per month translating to an inflow of KES 450,000 per monthLess county council fees and other maintenance expenses, am projecting a monthly profit of KES 90,000 per month from which KES 30,000 can be used to settle the loan in 7 equal monthly installments.

Loan Proposal

This loan will be used to fabricate and install light boxes on which adverting materials will be mounted, on pre-existing street lights in Makueni Wote.

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