Add more drugs to my pharmacy

Kingsley

Techiman, Ghana

100% repaid

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How it Works

Entrepreneur

Name

Kingsley

Member since

September 2016

On-time repayments

111 installments • 82%

About Me

Kingsley Owusu is my name aged 37 and from Ashanti region of Ghana but currently resides in techiman in the bono ahafo region of Ghana. I partly had my primary education in b/a and completed in the central region. I went on to complete my tertiary course at k.poly in Ashanti region.A friend of mine introduced me into pharmacy business after my national service about eight years ago and since then I've developed passion and interest in it and want to succeed in it.Ghanaians are generally hospitable and where I live is no exception. Actually my family gave me the start up capital and since then its no turning back,lwant my children to have the best of education and to take over my business when they grow up,I like soccer ,boxing and tennis my favorite team is Real Madrid, Lennox lewis and king of clay court Rafael Nadal

My Business

I am actually into pharmaceutical wholesale which normally comes once a while but I am also day to day running a licensed chemical shop.I chose this business because there is fulfilment in doing it well. My typical costs are mainly the stocks,salaries, electricity bills and statutory dues.I mostly use the profit to reinvestment into the business.Here is the breakdown of how I will utilize the next loan from Zidisha. Dynwell:3cartons,haemoglobin: 3cartons,para blister:2cartons,artemeter lumifantrine:1carton,para syrup: 2cartons,amoxy syrup: 2cartons,files and stationary: 100 dollars

Loan Proposal

i wish to apply a loan for on the amount limit given to me in the Zidisha .When the loan graented i will once again expand my business by buying more drugs to fill my shop.i will also use the loan to buy essentian ststionery to help me run the shop professionally and efficiently to boost sales and take proper stock of the shop . this will drastically reduce operational and materia cost to the shop.

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Ed May 11, 2017

Owusu was a pleasure to lend to, I would most certainly lend again

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Loan Info

Project Type

Classic Loan

Disbursed amount

$653.00

Date disbursed

May 20, 2017

Repayment status

On Time

Projected term

5 months

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Kingsley Oct 5, 2018

This reduced amount will enable me pay the loan promptly

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Kingsley Aug 29, 2018

Business is a bit down hence my decision to adjust payments downwards

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Kingsley Jun 18, 2018

Thanks to you at Zidisha, the last loan helped me in diverse ways,I was able to buy many drugs to increase my profit margin to about 20%,I was also able to plant 2000 mounds of yam,I will use this loan to buy more drugs for my store and also to help in my farming activities

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(Comment deleted by author)
- Lotus Flower Jun 11, 2018
  
  Hello,
  
  That was an automated, system-generated email. Anytime you may want or need to reply to any email sent by the system, please go to the "Help" link in your account and create a Support Ticket.
  
  Of course, in this case, it was fine to post a message to your Lenders here on your Discussion page. However, other types of automated emails, please always send in a Support Ticket any time you may want or need to reply. Thank you.
  
  Kind regards,
  Laurie
  Zidisha Team
  
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Kingsley Oct 23, 2017

Thanks to Zidisha for my last loan, it really helped me to boost my sales and earnings.the next loan would be used to refil the stock.

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Kingsley Sep 21, 2017

Hi Zidisha, I paid on the due date which is 17th sept but it has not reflected on my dashboard so kindly update me thank you

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(Comment deleted by author)
Martin Jan 6, 2017

I am here to thank my lenders through Zidisha for sprady process through which the loan was granted me, I will to put the money the money to good use by restocking my shop and buy other equaly important things in the shop. Iwill strictly adhere to the payment schedules of the loan and thanks once again.

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(Comment deleted by author)
- Ed Jan 1, 2017
  
  Owusu:
  
  God luck with your business, and all my best for the new year
  
  - Ed
  
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