Business uplift loan application

Entrepreneur

About Me

I was born into a family of 10 siblings.My father was a farmer and my mother was a housewife.We grew up in rural Western Kenya and our parents who were farmers did their best to educate us with proceeds from the farm which we sold as children at the market.School was about 30 kilometres away and we walked daily to school unless we had fees arrears,then we would look for menial chores to do in order to raise the fee balances that we owed the school.My parents worked hard and got each of us through primary and secondary schools and i eventually started out selling second hand clothes for close to 5 years after my secondary education.In secondary i passed and got to make it to college.My earnings from selling the second hand clothes on different markets helped me pay for my own college tuition and i eventually studied computer studies and a certificate in library sciences.It was a dream come true but i continued working day by day selling the second hand clothes on various markets in Western Kenya. I had a stint selling boiled eggs which also made me a handsome profit,which i saved and helped to educate my younger brothers and sisters.I opened a computer shop 10 years ago with one computer,a computer shop cum typing bureau which has been successful and has earned me some income,but i would like to expand this humble investment to meet today's demands.I would like to explore additional ways of earning income in the fat developing world using new tech advances.I have two lovely children whom i love and whom i am now able to pay for their fees,and i would like to expand my business in order to help them achieve their dream.In my community women are looked down upon but i have proved many wrong with the achievements i have made.I have my sights set on bigger things for me and my children

My Business

I own a small one room computer shop cum typing bureau in lurambi Kakamega couunty near the Masinde muliro university university has over 30,000 students and this population is targetable businesswise.Students look for ways and means to have their study papers,proposals and even thesis' typed by experienced typists and computer bureaus.Since i have polished my skills with the necessary knowledge i have an increasing number of clients,especially the student population and lecturers,most of whom know little about computer packages and prefer giving the work to someone else. I pay 3000 kshs (30$) for rent and 4$ for electricity per month.I make an average of 100$ a month from typing and thesis binding work in a month.I have not employed anyone but do this work myself.It is my vision to increase my equipments to assist in my work

Loan Proposal

i plan to expand my business venture for long term stability. i plan to first boost my stationary stock by ensuring that the Cyber has adequate materials required. this is in view of the fact that limited stock affects productivity since depletion of stationary while working on a clients' work reduces customer loyalty. by this, the business will always ensure that the stock level is sufficient to cater for any workload the clients bring.

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