PURCHASING A COLOR PRINTER

Reagan

Jakaba, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Reagan

Member since

April 2014

On-time repayments

29 installments • 66%

About Me

I have been a part time small scale business person for various products over the four years in campus. I have now decided to venture fully into the stationery and photocopying business. This has become possible with the help of goodwill from friends and family who have always supported me financially and emotionally.

I thank God for the success he has given me in terms of getting loyal customers who have really helped my business to grow. It is my aim to also come out as a successful Kenyan businessman who will stand out and not be afraid to look someone in the face and tell them i made it.

My Business

I run a small photocopy and stationery shop, i started it way back in 2011 in my 2nd year in campus, i got the funds from a sustainability fund(HELB) given by the goverment to kenyan students to subsidise the hard economic times. since the money wasn't enough to carter for my day to day upkeep, i ventured into the business and since then i have been able to earn a little more than what i anticipated. i completed my studies back in 2013 and run the business fully with the help of my brother. since the business is within a university premise it has given me an edge over the other competitors because the lecturers and students and staff are known to me. the business has the ability to grow and that's why am seeking extra funds to add up more stock and buy an extra photocopy machine. i hope this business will get the funding to drive the goals and objectives i have set for it.

Loan Proposal

When I get this loan,it will help me improve on my stationery and photocopy business in the following ways;, by buying the color printer machine, i will be able to curb competition from competitors as this will give me an extra edge over my competitors since the same machine will enable me print color photos and also print colored pages of which most of my competitors cannot.The returns will then help expand my business by diversifying the services and products that i offer and also help in employing a few people. Support for this project will enable me to take the business to the next and be fully self-employed since job opportunities nowdays are not easy to come by.