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.

Feedback

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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

Other loans

Lenders

Zidisha

Sterling, United States

W

wordelsue

MIDWEST, United States

J

jzidi

Los Angeles, United States

OlyRhys

Olympia, United States

Flipmore

Vancouver, Canada

C

Crainster

Chapel Hill, United States

M

mbarbier

United States

DR

Daniel R

Berlin, Germany

Joerg

Velen, Germany

MW

Matt Willis

United States

BV

Ben Veal

United Kingdom

PG

Paul Graham

United States

WM

William Madden

Berlin, Germany

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

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  • andyfletcher    Dec 31, 2015

    Hello Seidu,
    Do you know what has happened to Apoh Fatima, a borrower you invited? She has not made any payments on her loan.

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  • Seidu    Sep 8, 2015

    This is because,the drugs are costly and I want to purchase more so if I start selling,a lot of people will get to know about me which will increase the attendants as well as my revenue for me to also increase my repayment.

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  • Seidu    Aug 28, 2015

    I thank all my lenders for their kindness.All i have to say is God should keep on blessing them all the time.I have recieved the loan of 1,397 GHS of which as i said inloanproposal ,i will be buying Thermometers,and some live savng drugs such as hypertensive ,anti malaria, diabetes drugs ect. I promsie to show my lenders the pictures when i buy them .Thanks again to my lenders.

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  • Seidu    Aug 26, 2015

    Oh Carolyn, special thanks to you for your advice and encouragement.May God richly bless you.

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  • Seidu    Aug 26, 2015

    Huryyyyy, a very very big thanks to all my lenders for helping in funding my loan. All i have to say is that my the Good Old Lord bless them aboundantly with riches ,good health and long life to be able to do to others like they have done for me.I also promise not to let them down but will use this loan to buy my Thermometers and live saving drugs as said in my loan proposal. The Thermometer as i said allready, will be used to measure temperature of patients who will visit the drugstore before treatment which will help buildup their confidence in me and will draw more patients to me.Also the live saving drugs such as the hypertensive ,diabetes,hepatitis B and C ,Anti malaria drugs ect are on a high demand here now,so i will buy them too and as i start selling them and treating one or two patients they themselvs will broadcast it outside there for me. which in all will help increase my income revenue or get more profits in no time.Thanks to my lenders for this wounderful loan.

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  • Seidu    Aug 25, 2015

    Thanks i hear Carolyn.

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  • Seidu    Aug 25, 2015

    Thanks to all those whose tried to help me especialy mad,Flipmore.I will not loose hope but will try for a second chance.

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    • Flipmore    Aug 25, 2015

      Yes!

      We have an expression something like this: "success isn't measured by how quickly you achieve, but by how quickly you get back up after falling down."

      Please let me know (with a message like this) when you post a new loan proposal.

      And please call me Carolyn.

      Thanks!

      Carolyn

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  • Flipmore    Aug 25, 2015

    Dear Seidu

    If this loan doesn't come through, please immediately create a new loan proposal. Lenders' situation can change very quickly.

    Please refocus and try again.

    I will be happy to contribute to your loan!

    This has happened to many entrepreneurs.... just part of the route to success.

    I admire what you are doing to help others.

    Sincerely
    Carolyn in Vancouver

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    • Flipmore    Aug 25, 2015

      I have just re-read your proposal, and it is very good. I would expect your next one to get funded.
      The only thing I would recommend is to write what percentage profit you expect from the drugs you will stock, and if you wish, give the names of the top 5 or 10 drugs you will purchase.

      I will look forward to contributing funds to your success.

      With best wishes,
      Carolyn

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  • Seidu    Aug 25, 2015

    Thank you Mad. Flipmore.may God bless you. Also to all lenders i have only 46 minutes left so please i need your he;p now.

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  • Seidu    Aug 21, 2015

    Hi,please please and please again lenders,i have only 3 days left and still 12% funded.Oh try to help me .Dont let me down.Thank you all.

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    • Flipmore    Aug 24, 2015

      Hi Seidu,
      I hear your plea - I have only $1 in my account and will happily contribute it to your loan. I will also promise to add any further payments that come into my account.

      Keep your spirits up, there is still hope!

      Carolyn in vancouver

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  • Eunice    Aug 21, 2015

    Hi lenders I have just some few days left and my loan is 12% funded
    Please help me

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  • Seidu    Aug 16, 2015

    All these zidisha thank you.

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  • Seidu    Aug 16, 2015

    Thanks to my lenders.please try all your possible best to fund this second loan for me.

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  • Seidu    Aug 16, 2015

    This is how far zidisha has brought me. my new pharmacy Store room.Thanks to my lenders.

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  • Seidu    Aug 13, 2015

    Zidisha,Zidisha,Zidisha,allthe way.I warmly thank my lenders very very well and i say to them that may the Good Old God Bless them aboundantly.By the help of my first loan,i was able to pay for my pharmacy store rent, which gave me peace of time to work and increase my revenue to purchase Malaria rapid diagnoses test kits,blood preasure apparatuse and glucometer for testing blood sugar levels of patients.

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  • Albert    Jul 23, 2015

    Hi Lenders, I've got just one day left and my loan is 0% funded please help me

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  • Seidu    May 6, 2015

    Thanks to my lenders.God bless you all.the chemical shop bussines is going on well.am making a lot of progress in my purhesing and selling I know very soon I will be able to increase my repayment.

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  • Seidu    Apr 23, 2015

    Waaw! Thank God and my lenders for how far their wounderful loan has uplifted my bussiness.
    I queckly purchased rapid diagnosetic test kits for malaria after receiving the loan.This is because am in malaria endemic area.Thanks to my lender again because,testing has its charges different from the drugs and I tell you it work very well.so it has increase my patients number from 136 to 228 from the time the loan was used in purchasing this test kits.Not increasing the patients alone but a weekly profit from GHC 125 to 157 for now but I no it will increase with time.I hope to accumulate the profit for 3 months ,pay for the store rent ,purchase more drugs and the test kits also if possible get some one to help me.Thanks to my lender very well and may God reachly bless them for them to do more.

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  • Seidu    Apr 1, 2015

    I appreciate your effort by given me a loan of GH 349 to enable me expand my work place. Thank you very much and may the good old Lord reachly bless you. I also promised to invest this money very well into the bussines to enable me do the repayment in time.
    Thank you.

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  • Robert    Mar 18, 2015

    all the best in your venture

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