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

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

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Summary

Amount repaid

$37.50

Amount remaining

$329.25

Expected completion

May 27, 2018

Status

Repaying late

Installment amount

$2.50

Repayment History

Expected Payments Actual Payments
Sep 6, 2015 $12.50 Sep 5, 2015 $12.50
Sep 13, 2015 $2.50 Sep 13, 2015 $2.50
Sep 20, 2015 $2.50 Oct 4, 2015 $2.50
Sep 27, 2015 $2.50 Oct 5, 2015 $2.50
Oct 4, 2015 $2.50 Oct 5, 2015 $2.50
Oct 11, 2015 $2.50 Oct 10, 2015 $2.50
Oct 18, 2015 $2.50 Nov 10, 2015 $2.50
Oct 25, 2015 $2.50 Nov 10, 2015 $2.50
Nov 1, 2015 $2.50 Nov 10, 2015 $2.50
Nov 8, 2015 $2.50 Nov 10, 2015 $2.50
Nov 15, 2015 $2.50 Nov 14, 2015 $2.50
Nov 22, 2015 $2.50
Nov 29, 2015 $2.50
Dec 6, 2015 $2.50
Dec 13, 2015 $2.50
Dec 20, 2015 $2.50
Dec 27, 2015 $2.50
Jan 3, 2016 $2.50
Jan 10, 2016 $2.50
Jan 17, 2016 $2.50
Jan 24, 2016 $2.50
Jan 31, 2016 $2.50
Feb 7, 2016 $2.50
Feb 14, 2016 $2.50
Feb 21, 2016 $2.50
Feb 28, 2016 $2.50
Mar 6, 2016 $2.50
Mar 13, 2016 $2.50
Mar 20, 2016 $2.50
Mar 27, 2016 $2.50
Apr 3, 2016 $2.50
Apr 10, 2016 $2.50
Apr 17, 2016 $2.50
Apr 24, 2016 $2.50
May 1, 2016 $2.50
May 8, 2016 $2.50
May 15, 2016 $2.50
May 22, 2016 $2.50
May 29, 2016 $2.50
Jun 5, 2016 $2.50
Jun 12, 2016 $2.50
Jun 19, 2016 $2.50
Jun 26, 2016 $2.50
Jul 3, 2016 $2.50
Jul 10, 2016 $2.50
Jul 17, 2016 $2.50
Jul 24, 2016 $2.50
Jul 31, 2016 $2.50
Aug 7, 2016 $2.50
Aug 14, 2016 $2.50
Aug 21, 2016 $2.50
Aug 28, 2016 $2.50
Sep 4, 2016 $2.50
Sep 11, 2016 $2.50
Sep 18, 2016 $2.50
Sep 25, 2016 $2.50
Oct 2, 2016 $2.50
Oct 9, 2016 $2.50
Oct 16, 2016 $2.50
Oct 23, 2016 $2.50
Oct 30, 2016 $2.50
Nov 6, 2016 $2.50
Nov 13, 2016 $2.50
Nov 20, 2016 $2.50
Nov 27, 2016 $2.50
Dec 4, 2016 $2.50
Dec 11, 2016 $2.50
Dec 18, 2016 $2.50
Dec 25, 2016 $2.50
Jan 1, 2017 $2.50
Jan 8, 2017 $2.50
Jan 15, 2017 $2.50
Jan 22, 2017 $2.50
Jan 29, 2017 $2.50
Feb 5, 2017 $2.50
Feb 12, 2017 $2.50
Feb 19, 2017 $2.50
Feb 26, 2017 $2.50
Mar 5, 2017 $2.50
Mar 12, 2017 $2.50
Mar 19, 2017 $2.50
Mar 26, 2017 $2.50
Apr 2, 2017 $2.50
Apr 9, 2017 $2.50
Apr 16, 2017 $2.50
Apr 23, 2017 $2.50
Apr 30, 2017 $2.50
May 7, 2017 $2.50
May 14, 2017 $2.50
May 21, 2017 $2.50
May 28, 2017 $2.50
Jun 4, 2017 $2.50
Jun 11, 2017 $2.50
Jun 18, 2017 $2.50
Jun 25, 2017 $2.50
Jul 2, 2017 $2.50
Jul 9, 2017 $2.50
Jul 16, 2017 $2.50
Jul 23, 2017 $2.50
Jul 30, 2017 $2.50
Aug 6, 2017 $2.50
Aug 13, 2017 $2.50
Aug 20, 2017 $2.50
Aug 27, 2017 $2.50
Sep 3, 2017 $2.50
Sep 10, 2017 $2.50
Sep 17, 2017 $2.50
Sep 24, 2017 $2.50
Oct 1, 2017 $2.50
Oct 8, 2017 $2.50
Oct 15, 2017 $2.50
Oct 22, 2017 $2.50
Oct 29, 2017 $2.50
Nov 5, 2017 $2.50
Nov 12, 2017 $2.50
Nov 19, 2017 $2.50
Nov 26, 2017 $2.50
Dec 3, 2017 $2.50
Dec 10, 2017 $2.50
Dec 17, 2017 $2.50
Dec 24, 2017 $2.50
Dec 31, 2017 $2.50
Jan 7, 2018 $2.50
Jan 14, 2018 $2.50
Jan 21, 2018 $2.50
Jan 28, 2018 $2.50
Feb 4, 2018 $2.50
Feb 11, 2018 $2.50
Feb 18, 2018 $2.50
Feb 25, 2018 $2.50
Mar 4, 2018 $2.50
Mar 11, 2018 $2.50
Mar 18, 2018 $2.50
Mar 25, 2018 $2.50
Apr 1, 2018 $2.50
Apr 8, 2018 $2.50
Apr 15, 2018 $2.50
Apr 22, 2018 $2.50
Apr 29, 2018 $2.50
May 6, 2018 $2.50
May 13, 2018 $2.50
May 20, 2018 $2.50
May 27, 2018 $1.75

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