Inventory of local drugs for my shop

Edward

Berekum, Ghana

100% repaid

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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. I wish to apply for the next loan, so that I can buy more local drugs. Also add selling of local drugs and non local drugs.
Expansion works is on going, but not completed yet. I want to rent bigger store room so that I will able to sell more products, employ more people to help me in the shop.
Also, the loan will help me in terms of distribution of local drugs to nearby communities around Berekum.
I am making plans of establishing new stores in and around communities in Berekum . In doing so , I am solving illnesses problems .
Finally , reinvestment of the income in the business .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$239.00

Date disbursed

May 11, 2015

Repayment status

On Time

Projected term

3 months

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Sep 2015:  $365

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Ask Edward a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Joerg    Apr 15, 2016

    Dear Edward,

    I hope you are doing well. How's business?
    You not made any repayments for some time.
    I wish you good luck for your future endeavors.

    Yours
    Jörg.

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  • A

    andyfletcher    Feb 12, 2016

    Hello Edward,
    Do you know what has happened to Ruth Asuamah, a borrower you invited? She has not made any payments on her loan.

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  • Edward    Nov 30, 2015

    I travelled outside berekum, and due to my abstance business went down. Also I lost some of my customers , business was running slow.
    I'm now back and I will try to repay my loans in due time. I will be comfort to repay GHS 50 .

    Log in to reply • Share

  • Edward    Oct 10, 2015

    I have purchased a bicycle for my senior workers. This is help him to come work on time. And also helps in the distribution of the products.
    I have bought more drugs to feed the shop.
    I
    My shop is almost full of all types of locally manufactured drugs.
    I had paid my income taxes and the workers salaries.
    I have made payment of my younger brother's school fees. Thank you all , lenders.

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  • Edward    Sep 26, 2015

    Now, I have been able to purchase more drugs into my drugs store. Drugs for prevention and treatment of diseases and illness are almost available in the shop.
    Customers are happy as they get more of their needed drugs from my store. Thank you all, lenders .

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  • Edward    Sep 26, 2015

    Now, I have been able to purchase more drugs into my drugs store. Drugs for prevention and treatment of diseases and illness are almost available in the shop.
    Customers are happy as they get more of their needed drugs from my store. Thank you all, lenders .

    Log in to reply • Share

  • Edward    Sep 26, 2015

    Now , my drugs store is almost full of drugs, for prevention and treatment of dieseaes and illness are available . Customers are happy as they get most of the drugs at my shop. Thank you, lenders.

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  • Edward    Sep 26, 2015

    Now , my drugs store is almost full of drugs, for prevention and treatment of dieseaes and illness are available . Customers are happy as they get most of the drugs at my shop. Thank you, lenders.

    Log in to reply • Share

  • Edward    Sep 17, 2015

    I have received GHS 1350. Now I can buy more drugs into my shop. This will help me serve the customers very well. Because they will get most of the products they wish for . I will be able to pay my workers' salaries without difficulty. Thank you.

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  • Edward    Sep 17, 2015

    I have received GHS 1350. Now I can buy more drugs into my shop. This will help me serve the customers very well. Because they will get most of the products they wish for . I will be able to pay my workers' salaries without difficulty. Thank you.

    Log in to reply • Share

  • Edward    Sep 17, 2015

    I have received GHS 1350. Now I can buy more drugs into my shop. This will help me serve the customers very well. Because they will get most of the products they wish for . I will be able to pay my workers' salaries without difficulty. Thank you.

    Log in to reply • Share

  • Edward    Sep 15, 2015

    I will purchase more locally made drugs into my shop. This will help me to serve the customers as they will get every drug they wish from the shop. Thank you lenders.

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  • Edward    Sep 15, 2015

    I will purchase more locally made drugs into my shop. This will help me to serve the customers as they will get every drug they wish from the shop. Thank you lenders.

    Log in to reply • Share

  • Edward    Sep 15, 2015

    I will purchase more locally made drugs into my shop. This will help me to serve the customers as they will get every drug they wish from the shop. Thank you lenders.

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  • Edward    Sep 15, 2015

    I will purchase more locally made drugs into my shop. It will help me to serve the customers as they wish. Thank you lenders .

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  • Edward    Sep 15, 2015

    I will purchase more locally made drugs into my shop. It will help me to serve the customers as they wish. Thank you lenders .

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  • Edward    Sep 1, 2015

    After the loan was granted I was able to purchase more drugs into my shop. Payment of salaries and taxes was easy. Thank you all .

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  • Edward    Aug 29, 2015

    Zidisha has improve my business which drugs shop. I have been able to save lives through the drugs they buy from me. Also my daily income has increased as compared to before the loan. Thank you lenders.

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  • Edward    Aug 16, 2015

    Thank you, lenders. Business is going well. I'm now able to buy and sell more drugs than before. I'm plan of opening new shop in .a Berekum.

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  • Edward    Aug 7, 2015

    I have be able to buy more drugs into my shop. I can now even pay my brother school fees with easy. Thank you.

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