Buy Computer Accessories and Stationery to sell

Entrepreneur

About Me

(USD 18.1050).

My Business

The items I will buy with the loan funds include:-

Item Quantity Price in Kenya US Dollars Total USD
Desktop Pc 2 12,000 135.787 271.574
Optical Mouse 10 300 3.39469 33.9469
Keyboard 10 500 5.65781 56.5781
Computer Power cables 10 300 3.39469 33.9469
Photocopying paper 10 400 4.52625 45.2625
Laminating machine 1 5,000 56.5781 56.5781
Binding machine 1 4,000 45.2625 45.2625
Digital camera 1 5,000 56.5781 56.5781
USB Flash disk 10 400 4.52625 45.2625
Memory card 10 250 2.82891 28.2891
TOTAL 673

Loan Proposal

The source of income that will be used to re-pay the loan will come from my business which offers computer services like typesetting, printing, scanning, computer repair, photograph taking and printing, computer programming services, sales from computer accessories like; mouse, power cables, keyboards, sales from stationeries like; envelopes, photo papers, photocopying papers, printer repair services, sales from optical disks, I will also use money from the Computer Training Course where I offer computer packages at a rate of Kshs. 3,500/= (USD 39.6047). My customers prefer to come to buy things from my shop because my business is open every time, my services to them are good and I sometimes have some of the items they want. I prefer this kind of business because it is much profitable, enjoyable to run and easy to manage.

On daily basis am able to save Kshs. 1,040/= (USD 11.7682) from my business after I have deducted all expenditures of the day hence I only have few items with me. The major problem my business has is when there is no electricity due to repair or replacement of damaged transformers which takes a lot of time hence Kenya Power Lightening Company workers tend to slow down their services to us in terms of bringing back electricity hence they can take a whole day or two days before we can see electricity. If I can have a generator I can continue providing my services to my customers incase there is no electricity hence get more customers and more profits.

The reasons that I want to use the loan funds is to expand my business itself by having more stock with me by buying new items because they are highly in demand in Luanda town and only few have them but they do not satisfy our customers’ needs, hence if I have them much in supply I will not run out of stock anytime because this will make my customers happy and will continue to come to buy them from my business hence increasing my income and our relationship will continuously be intact. Also this will have an impact on my lifestyle because when I get more income I will also have enough money that I will be saving hence I will use the profits to save some for expanding my business and some I will use to join a college hence enabling me continue with my education by acquiring more and extensive knowledge in my area of specialization. In future I intend to start a Computer free Training College to my community people by influencing them to see the importance of having computer knowledge in our country and in the world at large and also make them have a lot of interest in getting knowledge about computer and its applications.

I will also use the loan funds to expand my shop by acquiring another room behind my shop which is vacant and combine the two to become one hence buy more computers and start cybercafé services which is highly on demand by offering internet services to my customers because we only have one at Luanda town and it does not have enough computers and sometimes the owner does not open it because he knows he doesn’t have any other competitor and this makes his customers travel far place in order to get this services. I will use the loan funds to acquire these machines and provide this internet services to my customers which is highly on demand.

The items I will buy with the loan funds include:-

Item Quantity Price in Kenya US Dollars Total USD
Desktop Pc 2 12,000 135.787 271.574
Optical Mouse 10 300 3.39469 33.9469
Keyboard 10 500 5.65781 56.5781
Computer Power cables 10 300 3.39469 33.9469
Photocopying paper 10 400 4.52625 45.2625
Laminating machine 1 5,000 56.5781 56.5781
Binding machine 1 4,000 45.2625 45.2625
Digital camera 1 5,000 56.5781 56.5781
USB Flash disk 10 400 4.52625 45.2625
Memory card 10 250 2.82891 28.2891
TOTAL 673

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