Inventory of local drugs for my drugs store
Edward
Berekum, Ghana
100% 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
MY business is selling of local drugs,but if the loan is granted, I will expand the business,buy motor bike and employ more workers to supply my drugs.
Most importantly, buying more drugs. Also if possible production of the local drugs and distribution to the nearby communities. Again establishment of new stores in the other communities to help in solving their health problems there too.
Finally reinvestment of the income in the business.I will pay the loan with my daily sales of my shop or even my monthly salary.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 4, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Philadelphia, United States
World Peace, United States
Palo Alto, United States
South Bend, United States
Mountain View, United States
Lahr, Germany
[email protected], United States
Brussel, Belgium
Montreal, Canada
United States
Switzerland
Ask Edward a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$117.33
Amount remaining
$0.00
Date repaid
Apr 26, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 15, 2015 | $16.67 | Mar 15, 2015 | $16.67 |
| Mar 22, 2015 | $16.67 | Mar 22, 2015 | $16.67 |
| Mar 29, 2015 | $16.67 | Mar 29, 2015 | $16.67 |
| Apr 5, 2015 | $16.67 | Apr 5, 2015 | $16.67 |
| Apr 12, 2015 | $16.67 | Apr 12, 2015 | $16.67 |
| Apr 19, 2015 | $16.67 | Apr 19, 2015 | $16.67 |
| Apr 26, 2015 | $17.33 | Apr 26, 2015 | $17.33 |
Loading...