Inventory of locally produced herbal and commercial medications for my pharmacy
Edward
Berekum, Ghana
32% repaid
Entrepreneur
Name
Edward
Member since
February 2015
On-time repayments
52 installments • 50%
About Me
I am master Konadu Edward Blessings. I was born on 21St December, 1987 in Berekum, Brong-Ahafo region.
I started school at Akab Complex. School. And completed in 2003.
I continued my secondary school at St.James Seminary and Secondary School in Sunyani, the regional capital of Brong-Ahafo.
In 2009, I went to University For Development Studies, Narvongo. campus in Upper East Region of Ghana. I completed with Bsc. Actuarial Science in 2012.Am now working at Ghana Health Insurance Company.
Throughout my education, I had financial hardship since, I had most of my education outside Berekum, my hometown.But with determination, I overcame all these hardships.
In 2012.during my national service, I established drugs store to sell local drugs in Berekum. My community is much interested in local drugs since they believe it had been with them for long time. And it heals their diseases without negative effects.
My family is made up of my father, mother, three brothers and three sisters.
My Business
I am local drugs dealer in Berekum, Brong-Ahafo. I started this business in 2012 in order to provide income and health to the people in my community through selling of drugs.I have two workers which I pay them monthly.
The people in my community like the local drugs because, they believe,it has been with them for long time and the more positive in solving their health problems.
I decided to help my community in terms of health. Also it serves as source of employment for me and my workers I'm working with.
The cost of buying the drugs to feed my drugs store is about ten thousand Ghana cedis per stock which is $2500.And the revenue is also around two thousand Ghana cedis per stock which is $ 500. I'm planing of expanding the business and employing more hands to help.I have some customers who I supply them the drugs from house to house and from work to work.I want a loan to buy motor bike for my workers to supply the drugs for me.
Loan Proposal
I wish to apply for the next loan so that I will be able to purchase my drugs .
Again, I will buy both local and non local drugs in the shop.
Initially I was selling only locals drugs, but now if I get the loan I'm planning of purchasing non locals in addition.
If the loan is granted,I will be able to hire lorries to transport and distribute the drugs in and around communities in Berekum. I have decided to buy motor bike for my workers.These will help smooth running of my business.
I'm looking foward receiving the loan in the shortest possible time. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$365.00
Date disbursed
Sep 16, 2015
Repayment status
Late
Projected term
7 months
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Summary
Amount repaid
$113.00
Amount remaining
$241.00
Expected completion
Apr 17, 2016
Status
Repaying late
Installment amount
$12.50
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 27, 2015 | $25.75 | Sep 27, 2015 | $25.75 |
| Oct 4, 2015 | $25.75 | Oct 4, 2015 | $25.75 |
| Oct 11, 2015 | $25.75 | Oct 11, 2015 | $25.75 |
| Oct 18, 2015 | $25.75 | Oct 20, 2015 | $25.75 |
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $0.00 | ||
| Nov 8, 2015 | $0.00 | ||
| Nov 15, 2015 | $0.00 | ||
| Nov 22, 2015 | $0.00 | ||
| Nov 29, 2015 | $0.00 | ||
| Dec 6, 2015 | $12.50 | Oct 29, 2018 | $2.50 |
| Nov 11, 2018 | $2.50 | ||
| Dec 23, 2018 | $2.50 | ||
| Jan 24, 2019 | $2.50 | ||
| Dec 13, 2015 | $12.50 | ||
| Dec 20, 2015 | $12.50 | ||
| Dec 27, 2015 | $12.50 | ||
| Jan 3, 2016 | $12.50 | ||
| Jan 10, 2016 | $12.50 | ||
| Jan 17, 2016 | $12.50 | ||
| Jan 24, 2016 | $12.50 | ||
| Jan 31, 2016 | $12.50 | ||
| Feb 7, 2016 | $12.50 | ||
| Feb 14, 2016 | $12.50 | ||
| Feb 21, 2016 | $12.50 | ||
| Feb 28, 2016 | $12.50 | ||
| Mar 6, 2016 | $12.50 | ||
| Mar 13, 2016 | $12.50 | ||
| Mar 20, 2016 | $12.50 | ||
| Mar 27, 2016 | $12.50 | ||
| Apr 3, 2016 | $12.50 | ||
| Apr 10, 2016 | $12.50 | ||
| Apr 17, 2016 | $13.50 | ||
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