Buying advanced computer repair tools

Entrepreneur

About Me

Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.[4] With 1.3 billion people[1][2] as of 2018, it accounts for about 16% of the world's human population. Africa's population is the youngest amongst all the continents;[5][6] the median age in 2012 was 19.7, when the worldwide median age was 30.4.[7] Despite a wide range of natural resources, Africa is the least wealthy continent per capita, in part due to geographic impediments,[8] legacies of European colonization in Africa and the Cold War,[9][10][11][12][13] undemocratic rule and deleterious policies.[8] Despite this low concentration of wealth, recent economic expansion and the large and young population make Africa an important economic market in the broader global context.

My Business

The continent is surrounded by the Mediterranean Sea to the north, the Isthmus of Suez and the Red Sea to the northeast, the Indian Ocean to the southeast and the Atlantic Ocean to the west. The continent includes Madagascar and various archipelagos. It contains 54 fully recognised sovereign states (countries), eight territories and two de facto independent states with limited or no recognition. Algeria is Africa's largest country by area, and Nigeria is its largest by population. African nations cooperate through the establishment of the African Union, which is headquartered in Addis Ababa.

Africa straddles the Equator and encompasses numerous climate areas; it is the only continent to stretch from the northern temperate to southern temperate zones.[14] The majority of the continent and its countries are in the Northern Hemisphere, with a substantial portion and number of countries in the Southern Hemisphere. Africa is home to much biodiversity; it is the continent with the largest number of megafauna species, as it was least affected by the extinction of the Pleistocene megafauna. However, Africa also is heavily affected by a wide range of environmental issues, including desertification, deforestation, water scarcity, and other issues. These entrenched environmental concerns are expected to worsen as climate change impacts Africa. The UN Intergovernmental Panel on Climate Change has identified Africa as the continent most vulnerable to climate change.[15][16]

Loan Proposal

I want to buy more advanced computer repair equipment which will enable me to serve my customers better. With this equipment I'll also have a competitive advantage in the market of computer repair and maintenance.
Items and price;-
1. Digital SMD Hot Air Rework station @ $ 70
2.Keyboard Tester @ $ 40
3.Ram tester @ $35
4. Power Supply tester @ $30
5.Post card tester @ $28
6.Universal USB MiniPro EEPROM Flash BIOS programmer @ $ 150
This will open more market for my business and hence am expecting my profit to increase by 40% monthly.
I already have some of the money to buy the equipment which I have been able to save from my business.

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