A centrifuge for my laboratory

Entrepreneur

About Me

I was brought up in an poor family. My dad was a bicycle repairer before he quit to do small scale farming. My mum did small chores in homes to provide for for us. I went to a primary school in our village and proceeded to a high school where I raised pigs to pay my school fees up to college where I finally graduated with a Bsc in Medical Sciences. Life has challenges that makes us creative and being innovative at times guarantees our survival and success in this competitive world.

My Business

there was a gap in my area of residence and I thought it wise to bridge it. There was no independent medical diagnostic laboratory around and I saw the need of starting one. My clients are referred from the small clinics around that do not have labs. There are also clients who come for laboratory tests to determine their causes of ailments before taking any medication. This has also reduced drug abuse. My costs are mainly in purchasing of laboratory consumables like rapid diagnostic kits and reagents. I re-invest my revenue in boosting the stock of consumables. I am single but lives with my niece who aspires to be medical doctor when she grows up and the business helps me in paying her school fees. I love reading financial and motivational books during my free time. I am currently reading the Richest Man in Babylon I will reinvest the profits back to the business to grow and do savings to enable me pay up the fee balance in college and get my certificates

Loan Proposal

I am seeking a loan to enable me buy a 6 tube centrifuge at cost of $100. The centrifuge will enable me to expand the scope of my laboratory tests. This will in turn increase my services and boost my revenue by around $5 per day . Money generated will be reinvested in my stock of consumables and also improve my life standard, it also enable me pay school fees for my niece who is in her final in kindergarten.

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