Pharmacy (selling food supplements and chemicals)
Ofori Mustapha
Techiman, Ghana
100% repaid
Entrepreneur
Name
Ofori Mustapha
Member since
November 2016
On-time repayments
270 installments • 88%
About Me
I attended Techiman Ahmadiyya primary and completed middle school in 1989 and continue my education in the secondary level.Also completed in the year 1994 as ordinary level.Life became unbearable for me as i began selling food supplements and chemical drugs at a tender age of 10years when doing hawking from one market center to another selling to continue my education. On a particular occasion, i could not pay my school bills while selling in the market, council guards known as market securities chased me from the market preventing me to sell because i am child so am practicing child labor work instead of attending school for that particular period.
Through hardships as a mobile chemical drug dealer,i was thinking about how my community can get access to drug to solve their ailment or sickness and also to solve my children education.My people are peasant farmers and after the days work on farm,they need chemical drug to solve their problem for pain killers medicine.
Our culture is adowa dance and Fufu as our staple food. My hobbies are to serve my community well, hawking to sell,reading on instructions, browsing to get information, and swimming.
My Business
I sell different kind of chemical drug both mobile basis and counter selling. I also sell mobile phones and accessories in addition to my normal business. The revenue i generated is very huge and lucrative if given the loan to enable me purchase more goods.My daily sales is between Ghs 1,700 and Ghs 1,800 a day during market days. I normally purchased my products or goods from capital towns such as Accra and Kumasi because the price is moderate in big towns as compare to small towns. The profit will be used to purchase in large quantities as reinvestment and to foot my children school fees as well.
Loan Proposal
The loan will be use to buy items such as chemical drugs like paracetamol tablets and syrups,b.complex,mosquito nets,malaria drugs and other food supplements such as alkaline coffee,phyto energyzer etc.and all in 9500 dollars-1000 dollars.
This will benefit my community,my family,aged and needy because my community people will no more struggle to go to cities and regions to get them but this time get them easily from me as all their risk and money spending on transport to hospitals in cities will be solved.Also,some of the profit will be used to pay my children school fees as well as needy children in my community fees will be used to pay for them.Some of the profit will also be used to pay aged hospital fees if given the loan.
Am expecting my loan to increase progressively by constantly filling my store with all the items listed above and in this case my profit margin will increase progressively through stocking my store with the items listed above.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$644.00
Date disbursed
Nov 13, 2017
Repayment status
On Time
Projected term
10 months
Lenders
United States
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