Funding for my chemist

Entrepreneur

About Me

my name is Donald Omondi Ochieng. I am the 1st born in a family of six. my family lives in siaya while i reside in Nairobi. I work at Sai pharmaceuticals as a medical representative.
i studied biochemistry at egerton university andcompleted in 2012. my passion for studied health related sciences increased my interests in pharmacology and especially in establishing a chemist in babadogo estate nairobi where i deal with antimalarial drugs especially coartem and antibiotics such as azithromycin. during my free time, i engage in community work programs especially in my estate which has many low income earning and vulnerable families. through such initiatives, most children have been encouraged in engaging in creative activities such as sporting activities and also encouraging them to go to school. this has greatly reduced the number of children engaging in criminal acts.

My Business

my source of income is based on sales of antimalarial drugs and antibiotics. most drugs for antimalaria and antibiotics are expensive. my chemist offers affordable antimalarial drugs such as coartem and antibiotics such as aziagio which is an azithromycin. these affordable drugs best suit such a community which is overpopulated with low income earning families who can barely afford expensive drugs.
a carton of coartem costs $150 while a carton a the aziagio azithromycin costs $50. these two drugs have a good market in babadogo due to the vulnerability of the community to malaria and bacterial infection due to the congestion in the area and also mosquito breeding grounds.
since i am employed, the repayment of the loan wont be a problem.
my monthly costs for the two groups of drugs is US$200 my revenue is $ 300.

Loan Proposal

Having improved my business by using the first loan, this loan will help improve my stock further. currently, the chemist is well stocked in terms of antimalarial and antibiotic drugs. With this loan, I intend to increase my stock in two major areas. First, i intend to anti allergy drugs which will help boost my business since i have encountered such cases in my chemist. cetrizine drugs of different brand names are available. particularly, i will purchase a brand called Ekon DT. I will require $30 to stock enough drugs so as to make them available for many clients. the second group of anti allergy drugs include; celestamine, aerius syrup, aerius tabs and aerius tabs. over the past few months, many patients have come with prescriptions for these drugs which are highly recommended as the best antihistamine drugs. i will require $50 to purchase these drugs. The last group of drugs I intend to purchase are cough syrups for infants and children below the age of 10. These include drugs such as Brozelin, Zefcolin and Tusq X. I intend to use $20 to purchase these cough syrups.

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