New printer for cybercafe sited next to university

Entrepreneur

About Me

I am a 25yeras old single kenyan living with my father,step mum and 2 brothers in Nairobi Kenya.i am currently volunteering with a local NGO based in Kibera that supports community development;I finished my undergraduate course in environmental studies and community Development at Kenyatta University 2012 and upto date i have been volunteering for survival and family support. I am a soccer fan and player and like making friends during free times. Staying near stratmore university has broaded my passion and desire to own a cyber cafe since most students do printing, binding, laminating and networking during studies, the are only two centers with few machineries of which i am part of the share holders of group of suppliers that supply printing materials to this centers. since finalising university i have been jobless-only volunteering with unsustainable monthly allowances although i have joined company of my friends that supply printing materials to cyber cafe. I have been saving but i need to set up a cyber cafe at this point as there is good income raised, i need to pursue this business passion that will enable me get good income to move out of my pearents house and live independent. Having business empire has always been my dream

My Business

I intend to open up a cyber cafe near stratmore university just next to where i stay.I plan to start the business with 2 desk top computers, 1 laminating machine, 1 HP photocopier, external drive and power back up. The business is well demanding with increased number of students each intake. I do get monthly allowances from the NGO i volunteer and hereby intend repay my loan but also i have been saving and only need capital boost to open up my own business. This business has little risk of either power black out of which i plan purchase one power back up; however, the income raised will support all the working capital and double profit reliased rapidly

Loan Proposal

This loan will boost me in purchasing a HP printer costing $47.6 and stock sufficient toner and printing papers at $4.2 for printing purposes. Printing is a key activity at the cyber cafe that i intend to open where students of stratmore do really print their course work; however, by purchasing this printer this will enable my business reach out to many clients at need. My business needs more printing services since most of the students enjoy internet services and end up printing some documents from the net. With the purchase of the extra new printer, access to education support services will be scale up and also enable my business to grow as many clients will be comfortably attended too with quality service. I kindly seek you support to enable my business grow with this already market at place

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