Purchasing of mug branding machine

Entrepreneur

About Me

I had a happy childhood with both parents. Went to boarding school for primary and secondary education. I studied Bachelor of Business Administration in college but my interest is in arts and creative work so i decided to learn graphics out of passion that is why i started this business. I used to write calligraphy in my free time and sent to my send to my friends in school. My mom still keeps some of it at home. I still do the same now but at least now it is professional. I love to make gift items for my clients, it makes me happy to put a smile on someone's face. Nairobi is a great place with people from different cultures they love unique artistic or customized work and that is where i come in and make them their customized mugs, cards, water bottle , wristbands and many more. It is my way of life now. I am a hard-worker and determined to succeed in life.

My Business

I do graphic design, branding and general printing. I chose this business because it is on high demand printing is used in any kind of institution, it is also in demand because in this city people love unique and branded pieces of work that may contain their own picture or name. Things in my business move fast selling like hot cake and it is really profitable for me. Doing a logo can fetch up-to 2,000. When i brand one magic mug i spend 400 but i can sell it at 700-1000. I use my profits for inventories & my upkeep. My parents retired and I am always happy to help them with their finances and this business helps do that for them.

Loan Proposal

I want to purchase my own branding machine(Mug Press Machine). I always outsource the services of the machine from my cousin, he still charges me for this. This really make me spend about $0.5 per piece on branding only. I get my own machine i will spend only$ 0.1 on each piece for printing the design on paper only and the rest i will only have to worry about the electricity bill.
It will also increase my efficiency in production. This will also increase my profit by $0.4 on each piece. It will also help me grow and build my company. It will benefit my clients in terms of time saving in the turn around time for their orders.
The mug press machine costs 15,000 which is about $160 . I have some savings in my account that I will add to purchase it. I know that if i have tis i will also help other people like me who do mug branding around this place save time. I will help us grow together. I will also help my clients gain more confidence in me.
Thank you in advance. Make my dream come true.

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