Small-scale medicine production

Samuel

Twumduase, Ghana

100% repaid

Entrepreneur

Name

Samuel

Member since

August 2015

On-time repayments

127 installments  •  97%

About Me

I am Samuel Opoku-Frempong, a Ghanaian Pharmacist ,work at District hospital and a small scale entrepreneur. I am into small scale medicine production for my clients and the community. I also superintend a community pharmacy which provides primary health care to the community. I am 46 years old and a family man.

My Business

I am into a small scale medicine production for my clients and the community. I produce different types of medicines such as Mist Expect Sed, Mist Magnesium Trisilicate, Mist Potassium Citrate, Ointments etc .I support this business with the loan I have received from you and reinvested profits gotten so far.

Loan Proposal

Since I want to expand my pharmacy business in production of medicines I need chemicals( galenicals ) which will cost 500 dollars,bottles (1500) cost 150 dollars, mixer costs 250 dollars and water filter costs 100 dollars.The total being 1000 dollars.
Each bottle of medicine cost 0.9 dollar which yields 1350 dollars making a profit of 350 dollars at end of sales.
This pharmacy business is helping me a lot and also providing quality medicines to mankind.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 28, 2015

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$145.75

Amount remaining

$0.00

Date repaid

Jan 17, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 11, 2015 $10.00 Oct 11, 2015 $10.00
Oct 18, 2015 $10.00 Oct 19, 2015 $10.00
Oct 25, 2015 $10.00 Oct 25, 2015 $10.00
Nov 1, 2015 $10.00 Nov 1, 2015 $10.00
Nov 8, 2015 $10.00 Nov 8, 2015 $10.00
Nov 15, 2015 $10.00 Nov 15, 2015 $10.00
Nov 22, 2015 $10.00 Nov 22, 2015 $10.00
Nov 29, 2015 $10.00 Nov 29, 2015 $10.00
Dec 6, 2015 $10.00 Dec 6, 2015 $10.00
Dec 13, 2015 $10.00 Dec 13, 2015 $10.00
Dec 20, 2015 $10.00 Dec 20, 2015 $10.00
Dec 27, 2015 $10.00 Dec 28, 2015 $10.00
Jan 3, 2016 $10.00 Jan 4, 2016 $10.00
Jan 10, 2016 $10.00 Jan 10, 2016 $10.00
Jan 17, 2016 $5.75 Jan 17, 2016 $5.75

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