Pharmacy inventory recapitalization

Entrepreneur

About Me

I grew up in a small village called ebuhando, in western part of kenya. There, I underwent different types of challenge as a result of poor living standatds but my hopes and dreams kept me moving on through hardwork.
I am a pharmaceutical technologiast enrolled with the pharmacy and poisons board kenya and I had ambition of owning my chemist, so I resently started a small one with the little money that was available.
I have a family and a beautiful daugher stephany. She greately aspires to be a lawyer when she grows up.
I usualy value my free time away from work, as it keeps me rejuvanated for the next day. During this time , I like to play football, sweam or watch movies and sometimes read story books.

My Business

I am running a small chemist in the estate and I am aspiring to open a bigger one ones it generates enough profit.
I chose this kind of business because it is in line with my carreer and so I have the knoledge required.
The cost incured include the rent which I pay Ksh. 7000 every month, annual practice licensince that costs Ksh.15000 and single business permit of Ksh.7500 annualy.Others include; water and electricity,that between 500- 1000 per month.
Currently, I am using the small profits I get to recapitalise it. I enjoy running the business as it is so promising. The cost of obtaining the drug is so affordable and profit margins are encouraging.

Loan Proposal

My target market needs generic products which happen to be cheaper as compared to original ones. I like it as well because they have better profit margins. Therefore, i will buy a few first moving ones. Trade price of a one bottle of chlorpheniramine goes at Ksh 30 while the retail price is Ksh 60. Given the high rate at which I sell them, then i am assured of an exponential growth.

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Loan Info

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