Loan to open another branch office

About Me

Am Gordon Jeneby Kapuliaka from Awata, Busia County Western Kenya. I attended Kakoli primary school and later St Pauls Amukura High School where I passed well. Thereafter I joined Egerton University of Science and Technology and graduated with a degree in Bachelor of Commerce Accounting Option.
Am the fourth born in our family of five and the only child who has managed to go up to the university level in terms of education.
With hard life I was brought up by my parents in rural Kenya and a long period of unemployment I decided to venture into business and am very much grateful I can manage to take care of my family with the little proceeds I gets from business though I channel most of my returns back to business

My Business

My business is located in Amagoro town on your way to Amagoro primary school Opposite midland Hotel and has been operation for the past four years within the area. At the time of its inception, I was mainly dealing with business was computer maintenance and repairs, sale of photocopying papers among others. With time, I brought on board other services like internet marketing, developing project proposals and business plans. My major customers include schools and other learning institutions, churches, individuals, companies and other organizations using computers for various applications. The business yields average profit margins and has acquired a reasonable market share within its area of operation courtesy of the quality of services and products offered. This has enabled it to survive despite the stiff competition from other similar businesses. My business does amazingly well and has grasped a reasonably proportion of the market share over time. It currently yields a net profit of Ksh 50,000 (US $ 500) every month. I have one employee who is in charge of marketing and financial operations of the business. I am fully in charge of management of the business; a role which I have always played very well. Personally, as a businessman, I am very optimistic that such schemes as Zidisha will only reach us to greater heights and help us achieve our goals as individuals in the business world.

Loan Proposal

I would like to appreciate my lenders for helping grow my business to where it is today, I have managed to acquire printers and a generator from my previous loan which helped me achieve my business goal at that particular moment.
With new challenges and opportunities, I have discovered the greatest business potential in Busia town, the headquarters of Busia County. Our new constitution made Busia town to be the headquarters of Busia County, with this it has brought lots of opportunities; investors from all over the world are rushing to make a kill in Busia town.
I have managed to comfortably pay back my previous loan in time though there are exceptional days I delayed reason beyond my control like theft and rainy season which affected my business for a short period of time, but thereafter I was back managed to pick up the pieces and drive my business to where it is today.
Am setting another office in Busia town, the headquarters of Busia County and I would like to use this forth loan am applying to add on what I have to completely set another Business Office. Busia is a border town which borders Uganda to the west and Bungoma County to the East and Siaya County to the South, the Geographical and transit location is conducive atmosphere for any business venture to thrive and I want to be part and parcel of those eyeing to set lucrative Business in Busia town.
I have managed to set up the entire unit of two computers, one printer, laminator, two Office desks and shelves, I have seen a nice photo printer that will match the demand of my products based on the research I carried out in November 2015. With this photo printer I will be in a position to make a net profit of Ksh 20,000 for the next six months on top of Ksh 50,000 net profit I usually make every month, and by the end of the six month period I will manage to make a total net profit of Ksh 100,000. You’ve always stood by me and you’ve made by business grow; I have never disappointed you, kindly make my dreams come true. Have a blessed and a prosperous new year 2015.
God Bless You All.