Purchase stock of printing papers and ink for photocopy business

Entrepreneur

About Me

I was born in bonyang'ande village,Emenwa sub-location,Bass central location,Nyamache division,Nyamache district,Kisii county in the year 1988.
I started schooling in the year 1994 at Nyakona primary and sat my KCPE exam in the year 2003 and attained 307 marks out of 500.In the year 2004 i joined Nyamagwa boys high school and after along struggle of fees problem due to the poor background i managed to score a mean grade of a B(plain) after sitting my KCSE examination in 2007.
Due to the poor background, my guardians and members of the society at large organised a fundraising for the college fees where i joined Kisumu polytechnic where i pursued diploma course in mechanical engineering in the year between 2009 to 2011.
I sat my knec exam in the year 2011 after a long struggle and managed to score a pass.

My Business

After along struggle of three years for searching job in the field ,I didn't become successful to secure even one.Through friends and family members advised me to start a small business opportunity in order to achieve my core goals and objectives.Due to lack of capital i hard to think of a small business from the enterprenual skills and knowledge gained from college.I came up with the idea of opening a photocopier business,comprising of typing and printing.I found the business enterprise more efficient after i got capital from family members,course-mates and friends The business generates an average profit of 500 kes after incurring other expenses.The daily savings are used to purchase new machines,photocopying papers and other expenses required for the business.I also use it to raise myself, my old parents and paying school fees for my younger brother.

Loan Proposal

If given this loan ,i will use it to purchase a stock comprising of printing papers ,the ink which is used in the printer,envelops and the paper cutter.
The price is as follows:-printing papers@rim 350 kes by 10=3500 kes
-paper cutter @ 1000 kes by 1=1000 kes
-printing ink @300 kes by 2=600 kes
-envelops @rim 200 kes by 2=400 kes

Total =5500 kes
Through purchasing this stock i will reduce the cost of going to the market on daily basis and increase the profit savings by 40%. This will also help me to expand my business from a photocopy to a big cybercafe business in the near future through this loan and business savings. Please my lenders i humbly request you to find time and look at my loan proposal which i have submitted to you.God bless you.
Thanks in advance.

Feedback

Loan Info

Lenders