Loan to buy photocopy paper for sale

Entrepreneur

About Me

My name is Zachary Muhande, a father of six children. Two school going and the other four are out of school. I was born 53 years ago in Western Kenya and later came to Coast region of Kenya where I was employed as an office machine technician.

I was employed for twenty years where I gained important experience and started my own business dealing with office equipment in 1998. The business has been in operation since then through hard work and support from family and friends. I am based in Mombasa but my family is in Western Kenya where I visit them once in a while.

My Business

My business deals with office equipment particularly photocopiers and computer printers. I also sell toner and ink cartridges for printers and photocopiers. I have one worker who helps me in the workshop and to run errands. I also recycle toner cartridges for clients who cannot afford to buy new ones.

I make a net profit of about $400 and an injection of more capital that I am requesting will go a long way in expanding my business.

Loan Proposal

My business deals with repair and servicing of office equipment. I intend to start selling photocopy paper so that I serve my clients better. I hope to use the entire $150 to buy and then retail the photocopy paper at a profit.

With a regular income that my business brings, I will be able to re-pay the loan within the stipulated time without any problem. My long term goal is to start selling computer accessories if I get sufficient funding.

Thank you.

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