Purchase of a4 lamination machine

Entrepreneur

About Me

My names are Thomas Odongo. I am 45 years old with 3 children of my own and two others adopted. I live in Kisumu Polyview estate, a middle class residential area. I have a bachelors degree in Economics and Sociology and currently operating a business in Kisumu town dealing with bureau / secretarial services. I started the business last year to take care of family needs. The proceeds from my business pays the basic needs of my family. food, shelter and clothing. it also pays for the education of my children.

My Business

I operate a bureau / secretarial services in Kisumu town. The services include:
- Photocopying
- Printing
- Binding
- Lamination
- typesetting services
These are services required by a wide range of customers, including offices, students etc.
we are strategically located at a building housing many offices, a supermarkets and a University. These provide a steady flow of clients to my shop. I have two employees who assist on the day to day running of the office.
My costs include, rent, salaries, statutory payments and materials (photocopy papers, binding materials, tonners etc. These on average is about kshs 75000.
The average monthly generated revenue is between kshs 110000 to kshs 130000.
The average net profits is about kshs 45000

Loan Proposal

I would like to purchase an A4 lamination machine for use in my business. I offer bureau and secretarial services and lamination is one of the services required by majority of my clients. On average we do up to 12 laminations in a day which translates to kshs 600.

The lamination machine am currently using has been repaired several times and no longer produces quality work. I would like to replace it in order to satisfy my clients and even attract more.

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