Clearing medical bill loan

David

Sagana Town, Kenya

100% repaid

Entrepreneur

Name

David

Member since

August 2017

On-time repayments

44 installments  •  50%

About Me

My name is David ,I am a teacher by profession . Meanwhile , I have been researching on alternative natural remedies in treating both my mother's and my sister's ailments . There has been great progress and many other people have also befitted .

The use of herbal medicines and phytonutrients or nutraceuticals continues to expand rapidly across the world with many people now resorting to these products for treatment of various health challenges in different national healthcare settings (WHO, 2004). This past decade has obviously witnessed a tremendous surge in acceptance and public interest in natural therapies both in developing and developed countries

It is estimated that up to four billion people (representing 80% of the world’s population) living in the developing world rely on herbal medicinal products as a primary source of healthcare and traditional medical practice which involves the use of herbs is viewed as an integral part of the culture in those communities (Mukherjee, 2002; Bodeker et al., 2005; Bandaranayake, 2006).

My Business

My business was born out of the need to deal with my mother's sickness . It led me to research alternative remedies for chronic ailments mainly through use of nutrients, herbs and essential oils and nutrition ,which gradually eliminated my mother's ailments

Many people are now able, to access food nutrients , herbs and essential oils , which they could not access before and are now living a better life.

Now my mother has acquired a clientele who have benefited from the products which she used.

My mother and I make revenues of 300 dollars per month and has an expenditure of 100 dollars per month

Loan Proposal

I will use the loan to buy data bundle worth 6.37 dollars for research in natural remedies and to build more creditworthiness.
This will enable me to get more knowledge in the line of natural remedies as well as build creditworthiness to borrow more to enable me eventually clear the high interest loan that I am paying through salary check of .
The business will benefit when my net salary increases enabling me to buy more stock and diversify products as well as do more aggressive marketing.

This will lead to more people benefiting and thus more revenue and expansion of the business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$139.00

Date disbursed

Nov 1, 2017

Repayment status

On Time

Projected term

9 months

Lenders

S

SvenWaage

Stavanger, Norway

ads68

Melbourne, Australia

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Day Family

Melbourne, Australia

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

M

Mika

Switzerland

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