Stock for my chemist

Entrepreneur

About Me

my name is Donald Omondi Ochieng. I am the 1st born in a family of six. my family lives in siaya while i reside in Nairobi. I work at Sai pharmaceuticals as a medical representative.
i studied biochemistry at egerton university andcompleted in 2012. my passion for studied health related sciences increased my interests in pharmacology and especially in establishing a chemist in babadogo estate nairobi where i deal with antimalarial drugs especially coartem and antibiotics such as azithromycin. during my free time, i engage in community work programs especially in my estate which has many low income earning and vulnerable families. through such initiatives, most children have been encouraged in engaging in creative activities such as sporting activities and also encouraging them to go to school. this has greatly reduced the number of children engaging in criminal acts.

My Business

my source of income is based on sales of antimalarial drugs and antibiotics. most drugs for antimalaria and antibiotics are expensive. my chemist offers affordable antimalarial drugs such as coartem and antibiotics such as aziagio which is an azithromycin. these affordable drugs best suit such a community which is overpopulated with low income earning families who can barely afford expensive drugs.
a carton of coartem costs $150 while a carton a the aziagio azithromycin costs $50. these two drugs have a good market in babadogo due to the vulnerability of the community to malaria and bacterial infection due to the congestion in the area and also mosquito breeding grounds.
since i am employed, the repayment of the loan wont be a problem.
my monthly costs for the two groups of drugs is US$200 my revenue is $ 300.

Loan Proposal

Given the loan, i will purchase adequate amounts of coartem antimalarial drugs to increase the availability of the drugs for the surrounding community. furthermore, the increase in bacterial infection due the congestion in the area calls for addition amount of affordable antibioticst to help provide enough drugs for the community. the money will be used to purchase addition drugs for antibiotics- the aziagio antibiotics. with more drugs available for customers, more sales will be realized and monthly revenue will definitely increase. the carton of coartem once sold will increase revenue by $50 monthly.the same will apply to the sale of aziagio antibiotics.

Feedback

Loan Info

Lenders