Medications for my pharmaceutical shop

Ng'andu

Chingola Town, Zambia

100% repaid

Entrepreneur

Name

Ng'andu

Member since

July 2020

On-time repayments

16 installments  •  25%

About Me

My name is Morgan Ng'andu born on 16 November, 1997. I come from a humble background and i raised in the rural area or outskirt of town,i grew up with my Auntie who took care of me since i was a child when my parents died.I was sent to Twatasha Primary School and qualified Lulamba Secondary School in Chingola in town.When i completed my high school i obtained a school certificate with a merit and i selected to at Evelyn Hone College to study Pharmacy.

My Business

I mainly fish supply both fresh and dry these are bream, bottle fish and tiger fish.I also ran a drug store in our community i provide clinical services and sell drugs to people.When people get sick they come to sick medical attention because the drug store is the one near by and the demand is very good from the people of the community.I have invested K 20,000 as my working capital and i make between 4,500 to ZMK 6000, as profit per week both my business.These profits i use to help develop the standard of living, paying of school fees for my children and i also for reinvestment to ensure the business is running very well.

Loan Proposal

Am hereby requesting for the loan to help buy more drugs in my chemist, i have little capital and i need to boost up the stocks which have ran out at the moment.This will benefit customers and generate more profits for my business.

Income Source

This type of my business has not being affected by the COVID 19, because at the chemist we are supporting the ministry of health by sensitizing the people on wearing face masks, wash hands with hand sanitizer and keep 1 meter distance and avoid un necessary gathering.Hence making profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Aug 5, 2020

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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