A loan to buy thermometers and live saving drugs

Seidu

Nsawkaw, Ghana

10% repaid

Entrepreneur

Name

Seidu

Member since

March 2015

On-time repayments

161 installments  •  16%

About Me

Am Seidu Sumaila, 33 years of age and a graduate of Narh-Bita college of health, a good entrepreneur whose aim is to build my own business of pharmaceuticals. Currently I have opened up a small chemical store locally called drugs store. Although very small, I thank the Almighty God for such a great opportunity like this granted me. However, I have a long time ambition of getting enough capital to expand it into a great pharmaceutical shop. Currently, I work as a laboratory technician at the district hospital in the Tain district. I believe in self employment and reliance that is why although working in the government sector, I still believe in the business of creating my own job and this is what has kept me to this moment and seen me through my education. At the moment I have a small shop where I have employed an attendant who helps me with the dispensing when I am not around. My dream is to see poverty being reduced in my community as expanding the shop will create the room of employing more hands which in turn will reduce unemployment in the area.

My Business

I am in the sales of both drugs and non-drugs pharmaceutical items. Some of the drug items include antimalaria, antifungal, antibiotics, pain killers etc. Some of the non drugs include plasters, gentian violet, cotton wool, gauze, gloves etc. I also test for malaria, check blood pressure and fasting or random blood sugar levels . All these items and services are offered at Nsawkaw the district capital of Tain in the Brong Ahafo Region Ghana. Mostly, people who come to buy from the pharmacy are patients who visit the district hospital, other surrounding health centres and CHPS compound but do not get the prescribed drugs there. My small pharmacuetical shop is what I use to provide all the above services mentioned. Although, I find it difficult to meet the demands due inadequate capital to expand and stock the shop.
I would be glad to get this loan in order to help expand it by buying more live saving drugs.It is my dream also to extend this business of mine to parts of the region and the nation as a whole. By this I hope to decrease mortality among the sick which in turn help the country achieve certain things such as reducing deaths among children under five years and pregnant women. In addition, I will be able to make good profit in order to take care of the family of which I am the bread winner. I promise to execute and respect the rules and regulation of this noble institution. Thank you.

Loan Proposal

I kindly apply for this loan to enable me buy Thermometers and lives saving drugs into my drugstore.The Thermometer is an instrument used to mearsure the temperature of patients.High temperature in children results in convulsion and even death,so when detected earlier with the help of the Thermometer as the patient arrive at the pharmacy , fisrt aid is given to save the patient.This i hope will help the patients and will let them have trust in me and patronize. Also, the lives saving drugs that are in high demand now, are Anti Malaria drugs such as Atersunate Amodiaquen,P-Alaxin, Athemiter injection ect.

Hypertensive drugs such as Lisinopril,Atenolol,Bystolic ect.

Diabetes drugs such as Metformin,Alpha glucose inhibitors,,Sulphoyfureas ect.

Hepatitis drugs such as Hepantivir,Lamivudine ,Interferon ect.

Immune boosters and all kinds of skin rashes drugs such as Moisturizing lotions and medicated dandruff shampoos ect.

All the above mentioned drugs are in a high demand with a high prices which i hope when i get them will help me increase my income revenue from $50 to $100 or $130 per month .Which will enable me pay back my loan as expected ,save more lives, better my life and family,expand the drugstore to a clinic and create more room for employment.. I hope my application shall be consided and approved.Counting on your usuall cooperation.Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$378.00

Date disbursed

Aug 27, 2015

Repayment status

Late

Projected term

33 months

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OlyRhys

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Flipmore

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C

Crainster

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M

mbarbier

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Daniel R

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Joerg

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Matt Willis

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BV

Ben Veal

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PG

Paul Graham

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WM

William Madden

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