Purchase of coloured printer

Festus

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Festus

Member since

May 2015

On-time repayments

6 installments • 0%

About Me

Born in a family of five and raised by a Single mother. I have struggled through hard and thick times to make it in life. I am A Part time student. in my final year doing Business Information Technology. I am bright, creative and innovative in all i do. The business i have is the greatest breakthrough in my life because it has given me most of the assets i have just from the money i get from it. Am an entrepreneur and i buy and sell computer accessories and computer services. Computer services comprise of a cyber cafe where Internet, photocopy, lamination IT services are offered. i believe that the field i am in will guarantee success based on the trend for the past two years. I believe the business is on a good trend and some support will help the bsiness to go far

My Business

The business is 2 years old. i started it from my own savings and support from Friends and relatives. I started with 2 computers to now i have 10 computers. It has been a great growth and all the credit goes to the favour i have received from People and the grace from God. The money i need is to support my working capital, the business generates $1000 per month with a net of $300. The business sometimes has a challenge to operate when the capital is less hence the need to seek financing. the challenge is to buy materials for daily operations like photocopy papers, binding materials, lamination materials.
The demand is great and the market is ready hence the growth.

Loan Proposal

I have 3 Printers and in the recent past there has been a need because most of the work i am getting is to print coloured documents. Despite having one coloured printer i realize that the work is so overwhelming hence the need to add another coloured printer to cater for that need.
The money i need will help in buying the coloured printer. I believe it is going to help me make more sales. I do have the capacity to repay based on my previous loan and my daily money i generate.
I would appreciate your positive consideration. Thank you so much