Medicine stock for my chemist

John

Simat, Kenya

6% repaid

Entrepreneur

Name

John

Member since

April 2016

On-time repayments

229 installments  •  20%

About Me

I was born in simat village uasingishu county and went to a village primary school and later joined high school in uasingishu county, I later went to kenya medical training college where i am still a studying for my undergraduate program. At high school i had fee problem but i overcame by selling farm produce from vegetables farm that i operated. After high school i started engaging in writing study booklets where i would sell them to secondary schools students and get a profit. I have passion in impacting on lives of teenagers from humble background through motivation

My Business

I engage in writing and selling study booklets to high school students. The study materials will help them improve their studies. I chose this business since have passion in impacting on lives of others. To print one booklet will cost me upto 1.5 USD and distribution cost covers approximately 0.5 USD making total cost to be 2 dollars. I sell a copy of one booklet at a price of 3 USD each hence making profit of 1 dollar per every copy i sell. On average i get profit of 100 dollars a month. I use the profit i get to partly pay for my college fee and save some for a bigger investment.

Loan Proposal

I will use the loan given to purchase more varieties of drugs for my chemist, this will increase my profits hence increasing my savings for future investments at the same time people within my locality will have ease access to medicine without incurring much transport cost translating to a healthy community.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$293.00

Date disbursed

Mar 6, 2017

Repayment status

Late

Projected term

44 months

Other loans

Lenders

Emma

Australia

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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  • John    Oct 27, 2018

    work went down

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  • Japheth    May 10, 2018

    John has promised to start payment soon

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  • Japheth    Dec 23, 2017

    John is in financial hard times and has promised to start paying early next year

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  • John    Mar 27, 2017

    So that I can raise my weekly payments without defaulting and re-use other finance to run my business .my chemist business is picking up slowly

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  • John    Mar 6, 2017

    I received ksh 28 000 I thank my lender for supporting my project

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  • Dickens    Mar 3, 2017

    Hallo Tanui please can you advise me on how this thing works?

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  • John    Mar 2, 2017

    Thank you lenders for your assistance, I will use the money stock my Chemist, this will help me increase my profits and ease accessibility of medicines by locals

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  • John    Jan 31, 2017

    My income is at big season, repaying more will enable me finish my febt in time

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  • John    Nov 25, 2016

    the business am doing is normally picking up this festive season

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  • John    Jul 23, 2016

    I am not im a position to pay the full installment due to low business activity currently

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  • John    May 26, 2016

    My business is at low season and I cannot raise full amount to make my payment.

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  • John    May 13, 2016

    Thanks lenders for lending to me. I have received the cash and i have paid school fee. Thanks once again

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