Entrepreneur

About Me

Am
married to one grace wairimu to whom we bare a baby girl child by the name of ivy wambui.We live
in Kenya,nakuru county,bahati north district near bahati police
station.i am a form four graduate at Solai queens secondary scoring a mean grade of c+ in year 2006 and latter
joined computer school in the year 2007.my business deals on buying and selling old
computers,memory cards(micro SD card) and greatly specialized in
anything that uses micro SD cards.i also offer service regarding in
repairing of computers.I started this business because i saw an opportunity in job creation in this venture which has minimal competition and also the rapid growth of technology all over the world.The product which boost my business from time to time is the sell of micro SD cards which after buying them at a low cost i sell them at profit after feeding them with songs movies depending of what the customer desire This micro SD chips are commonly used in phones,car stereo,DVDs,computers etc.this micro SD cards are on high demand cause of the evolution in phones that support micro SD chips and also the replacement of radio tapes to radios that support micro SD chips

My Business

my
business name is dynamite computer solution.my business deals on buying
and selling old computers,memory cards(micro SD card) and greatly
speacialised in anything that uses micro sd cards.i also offer service
regarding in repairing of computers.due to the growing technology in the
world,tapes which were early used have been replaced with micro card
chips which they store music data which can be used in
radios,phones,dvds,car stereo etc.i ussually buy this micro sd cards at a
cheaper price feed them with songs,movies or anything that the customer
desires and then re-sell it a profit.The busines is profitable because
of the growing demand of micro sd cards.i ave been running the business
on low stock due to the high demand and that is the great risk i face.My
monthly cost is about 4500ksh,and my sales revenue is about 12000ksh
making a profit of about 8000ksh

Loan Proposal

The loan will be used to purchase stock that are essential to my business,that is memory cards,empty DVDs/vcd and flash disk.The amount will be divided int three portion depending on the most essential commodity.The most essential commodity which is the backbone of my business is memory cards which i will allocate 70% of the amount given.The remaining 30% will be dived equally on the purchase of empty DVDs/cds and flash disk which are my second priority.I will also ensure that i keep a clear record in order to have a smooth flow of my business so that i can be able to pay my loan on time

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