Purchase of spraying machine for vehicle painting

Entrepreneur

About Me

My name is Lydiah Wanyara, 28 years old, a single . Am the first born in a family of four, born and raised in Nyeri county. I am self motivated and focused to achieve my goals. Am currently in autopaints sales and services business focused to support my 3 siblings.
I started my education in kerugoya primary then later joined Kabare girls. In 2012 i joined Karatina University for a degree course in Bachelor of commerce . For the past four years i have been offering autopaints sales and services a at Karatina town in Nyeri County. I use my business proceedings to support my siblings as well as maintenance in my business.

My Business

My business has two major sections. Autopaint sales and auto repair services. It is located at Karatina town, Nyeri Nairobi high way, next to Karatina stadium. As a way of giving back to the society I started auto repair training to youth in the community. we offer practical skills needed to the youth to enable them earn a living. This entails panel beating, spray painting and mechanic skills at a subsided cost. In addition i offer Auto paint sales to garages in karatina town. s my business niche focuses impacting skills to form four leavers as they wait to join colleges and other institutions.
My business goals include
1. To establish a profitable and sustainable business in autopaints
2. Offering the best Auto paint to customers.
3. To be the leading autopaint sales and services provider.
4. To reach out to 20 youths every year.

The business unit generates an average of 8000$ per year. Part of this income is used to support my family while the rest is used in the business as the working capital. The main challenge facing my business currently is limited space, inventory and equipment to match with upcoming technology.

Loan Proposal

hallo lenders,

i would wish to purchase a spray painting machine a larger one than the one i had , one which would hold large volumes of pressure. the machine has also its accessories which are highly related e.g pressure pipes , spraying guns , control switch and also some modification is done on it to serve the exact services. The total cost for the machine is 950 dollars. I have a saving of 350 dollars which i will use to add to the loan amount that i will receive.
The benefit that this machine will have on me is that it is able to multitask, it can be connected to various pipes and used to spray since it holds lots of volume of air pressure, and also the modifications done on it help it serve many customers at once. That way it will save my time and that of my customers hence serve more customers and earn more proceeds so its highly effective and efficient
My profits will increase almost by 45% since more customers will be served than we normally did, also those learning the skills can have ample time of learning since there are various guns that can be used without them having to interfere with the work as it is going on. The fact that the idea is unique in my community it will attract even other customers who would want to use the facility and the end result of job done by machine is very smart and neat hence attracting more customers in return more sales.

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Loan Info

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