5 installments • 20%
I'm a young entrepreneur who's into selling (wholesale and retail) of drugs and medical items. I'm the second of five children and we've lost both parents (dad in 2010 and mom early this year). Since I'm the first male born I've got to take up my parents responsibilities and support my younger siblings. I started this business as my side hustle four years ago because I used it to support myself in school in addition to what my mom used to give me. Now it's my main business and so far it's working fine
I sell drugs and medical items. I do both retail and wholesale. I take orders from customers and prepare invoices; then after they make payments then I deliver their goods . I receive payment mostly by cheque , cash or via mobile money transfer .
I will add it to my business capital in order to purchase more products
Because I have less capital, I haven't been able to supply all the goods my clients request for. So when given this I would be able to meet their request thereby increasing my profit. This will help me earn more income.
Jun 20, 2021: My business
Jun 7, 2021
Cost to entrepreneur
Service fee: $0.38
Credit risk payment: $2.15