To buy 3 in 1 printer (printing, photocopy & scanning)

Entrepreneur

About Me

I am Lousiana Nduguli From Busia County Western Kenya. Am twenty two years old and I completed my O- level education in 2012, thereafter I decided to venture into business. I started my cyber café with only one computer as I ploughed back the profits back to business, currently I have four computers and am planning to even expand further and diversify my business, I earn a living from my business and even able to support my parents by paying fees for my three younger siblings.
There is an upsurge demand for computer and internet services and am planning to add an extra two employees in the near future to meet the escalating demand, but mean while I have decided to concentrate with one employee whom I have worked with since last year.
There is a guaranteed demand for this internet services because of the strategic location of my business which is located near a local University to be in specific KCA University and two primary and Secondary schools respectively.
As business person my greatest challenge has always been lack of adequate capital for expansion but I thank God with Zidisha loan nothing is going to be impossible.

My Business

I run a Cyber café business, I have one employee and three computers, one printer, Laminator etc. My business is located strategically between primary and secondary schools and above all its adjacent to KCA University, Most of my clients are students from the nearby institutions and Government officials stationed in Amagoro, Since I started my business I have managed to expand gradually i'e from a single computer to the current four computers.
Yes competition is what makes us to do extra work to improve on service delivery. When I got my first loan from you guys, I managed to acquire a camera which really improved my business performance; it increased my profitability, with increased revenue I managed to plough considerable portion of my profits back to the business. I paid my loan on time, I thank you for that wonderful support you gave me. I have managed to increase my market share of my cyber café business and as we are speaking am a dominant player in Amagoro Area. In future am planning to Inco-operate and include financial services like Mpesa. I know with God everything is possible.

Loan Proposal

I would like to expand my business further by purchasing an additional printer to meet the ever escalating demand of my products; the high demand of products is also due to the nearby expansion of KCA University and my strategic location, sums up everything. This additional computer will reduce the queue my clients make when they are waiting for my services. The printer am planning to buy is three in one i.e Printing, Photocopy and Scanning. The price of the printer is Ksh 47,000. I have so far raised Ksh 30,000 from my daily savings and am planning to raise the remaining Ksh 17,000 from the Zidisha platform. If successful I will manage to increase the net profits am currently getting of ksh 1500 per day to Ksh 2000 Per day. I will comfortably pay back my loan and plough back a good percentage of profits back to the business for further expansion

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