Painkillers, anticids, liversalts for a drug store

Owusu

Berekum, Ghana

100% repaid

Follow Owusu

How it Works

Entrepreneur

Name

Owusu

Member since

May 2015

On-time repayments

41 installments • 71%

About Me

I was raised by a single mother who did all that she could to make sure I had a good education after my secondary education she could not continue with the financing so I went and stayed with my uncle who is a pharmacist.it is through him that I realized my dream of owning my own chemical store. My hobbies are reading , watching football and listening to music

My Business

I sell uncounter drugs to people in my town. The hospital is far off from my town therefore there is need for drugs especially for first aid and prescription. The products are in demand as there no other stores that offer the kind of service I provide. The profit of the business is reinvested into the business. Most of the cost is comes from inventory that we purchase.

Loan Proposal

The loan will be used to finance the inventory for my drug store.
The following will be bought: painkillers 10 boxes @ GHs 25
Liversalt 10 boxes @ GHs 25, Anticids 15 boxes @ GHs 18.5.
This will increase the profit of the shop by 10 percentage. The increase in profit will go a long way to position the shop at a very strongly among it competitors. This strong position will trickle down to the better service to our customers.

Feedback

Positive

Neutral

None

Negative

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Sep 23, 2015

Repayment status

On Time

Projected term

4 months

Other loans

Jun 2015: $100

Feb 2016: $397

Lenders

jzidi

Los Angeles, United States

johnhudson

Washington, DC, United States

Czech Republic

Taiwan

United States

United States

Helsinki, Finland, Finland

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

Please log in to comment.

Stephen Aug 2, 2016

Dear Lenders,

Please, Edward assured me that, approximately next week you will see his payment. Please, Edward is defaulting due to the money he invested into the business. Thank you.

Stephen Yeboah
Volunteer Mentor

Log in to reply • Share
Stephen May 14, 2016

Dear Lenders,

Please, Edward received my call, and I asked him to make reschedule in order to pay on-time. He agreed with me to that, so I am looking forward that, Edward will make on-time payment from now going.

Thank you.

Stephen Yeboah
Volunteer Mentor

Log in to reply • Share
Stephen Mar 31, 2016

Dear Lenders, please, I called Edward earlier this morning and he said he was making a payment while I called him. So please, I hope the payment will be credited into his account or soon. Thank you.

Stephen Yeboah
Volunteer Mentor

Log in to reply • Share
Owusu Mar 3, 2016

Thank you for lending me your money. I received GHS 1539. The money was used to purchase inventory (painkilers, liver salt , antiacids etc.) for my drug store. I thank you very much.

Log in to reply • Share
Owusu Feb 14, 2016

The money will be used to purchase inventory such as painkillers,antacid, liver salts for my drug store. This will help me satisfy my customers and in my profit. I thank those who contributed to the funding of my loan God richly bless you

Log in to reply • Share
Owusu Feb 9, 2016

i am very grateful for lending me your money the amount has been very useful. i was able to buy enough stocks for my store which enable me to satisfy my customers leading to an increase my profit margin. Am very much grateful.

Log in to reply • Share
Owusu Oct 25, 2015

The sale of my drugs has gone down and this has affected profit and income.

Log in to reply • Share
Owusu Sep 24, 2015

I have received Ghs 780, The money was used to purchase inventory for my drug store. Thanks lenders for your support God richly bless you.

Log in to reply • Share
Owusu Sep 22, 2015

The money will be used to purchase on counter drugs for my drug store. This will help me to serve my customers well and increase my profit by 10%. Am very grateful to the lenders for their support.

Log in to reply • Share
Owusu Jun 16, 2015

The money will be used to buy pain killers,antacids,and approved oncounter drugs for sale.This Will help in serving customers very well and increase sales.

Log in to reply • Share
Juliet Jun 14, 2015

Hello Owusu....all the best in your proposal and business.
Lenders, kindly visit my page too

Log in to reply • Share