Loan to upgrade equipments for my movie store

Entrepreneur

About Me

I am a 25 year old male Kenyan citizen. I come from a family of four, three boys and one girl. I reside in Nairobi Buru Buru near Harambee Primary School House Number 3 Plot Number 21.
I have my own business by the name Mike’s Entertainment.
I deal with selling movies, printing, photocopying and editing of documents.
I hold a Diploma in Telecommunication Engineering which I completed last year.
Instead of being idle while tarmacking for a while and not securing a job in formal employment, I choose to follow my passion in movies and thought it wise to incorporate business in it. It proved to be a success.

My Business

Mike’s Entertainment is the name of my business. I sell latest movies and music in either c.d's or dvd's. Also, incorporated in the business are printing, photocopying and editing of documents services.
Many people especially the youth prefer my goods and services because I deliver what I say. I am up to date with current trending hits and movies which is a key drive in this business. I ensure my customers always find what they are looking for. I don't give room to saying "No we don't have". Through this, I have been able to secure and attract many more customers.
The risks involved include having distorted dvd's or cd's such that a customer can not be in a position to see the content of what he or she has bought which can easily turn away customers.
I am licensed and I don't do piracy at all, at all.

Loan Proposal

I will use my loan as follows:
Ksh. 11,500 will be used to purchase 10 dozens of empty dvd's and dvd pockets. This is because my movie store has significantly improved and in a day I am making sales that surpass my daily target. Customer priority has been the secret.
Ksh. 7000 to purchase two uninterrupted power supply for my extra two computers. This is a precautionary way to ensure that incase of any dangerous power failure, my systems will run smoothly and complete a specific task.
Ksh. 9000, will purchase two movie duplicators. This will ensure efficiency at my work place and also faster services.
Please accept my proposal.
Thank you

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