Loan to purchase stock of over-the-counter medications
Suzzy
Goaso, Ghana
100% repaid
Entrepreneur
Name
Suzzy
Member since
April 2016
On-time repayments
37 installments • 76%
About Me
My name is Suzzy Nketia a native of Biadan.My father is mr Danso.I started my education at Kuokuom basic school and my second cycle at Mim secondary school.I am the eldest child of my parents. I like Bsnku and okro soup as my favourite food .I also like listening to musics and watching movies at my leisure hour.I took over the "the prince of peace drug store because of the old age of my father.it was also the bread winner for the family.
My Business
I began working in Prince of Peace chemical shop few months after i have completed senior high school. Prince of Peace chemical shop was owned by my father but due to old age and sickness, my father wasn't able to operate it so it nearly collapsed. When i completed senior high school i took over from him and started to put in order the broken shelves and other deteriorated materials in the shop. I couldn't buy much drugs to restart the shop so i discussed with a company that owes a mobile van which supplies drugs to pharmaceutical and chemical shops on credit to offer me some drugs on credit. After taking drugs from them for some time, i realized that i am more or less working for them without earning anything because they give the drugs to me at exorbitant prices which was not helping me. I sell both herbal and orthodox medicines in the form of tablets, capsules and syrups in my shop. The shop helps people in the area to access medicine to remedy sudden illness. I support my younger siblings in their education with some of the earnings from the chemical shop.
Loan Proposal
Prince of Peace chemical shop supplies the people of my community with drugs in times of sudden illness. I have been selling drugs in this shop since i completed senior high school and it is the source of income for me and my family. I sell herbal and orthodox medicines so i will use the loan to purchase drugs to meet the request of my customers. The drugs will be in tablets which will cost $50, capsules cost $60 and the syrups $90. These drugs will help me to serve my community and provide medical assistance whenever over the counter drugs are required, again i will be able to support my family with part of the profit from the sales, thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$195.00
Date disbursed
Aug 17, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United Kingdom
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