Inventory of local drugs for my drugs store

Edward

Berekum, Ghana

100% repaid

Entrepreneur

Name

Edward

Member since

February 2015

On-time repayments

52 installments  •  50%

About Me

I am master Konadu Edward Blessings. I was born on 21St December, 1987 in Berekum, Brong-Ahafo region.
I started school at Akab Complex. School. And completed in 2003.
I continued my secondary school at St.James Seminary and Secondary School in Sunyani, the regional capital of Brong-Ahafo.
In 2009, I went to University For Development Studies, Narvongo. campus in Upper East Region of Ghana. I completed with Bsc. Actuarial Science in 2012.Am now working at Ghana Health Insurance Company.
Throughout my education, I had financial hardship since, I had most of my education outside Berekum, my hometown.But with determination, I overcame all these hardships.
In 2012.during my national service, I established drugs store to sell local drugs in Berekum. My community is much interested in local drugs since they believe it had been with them for long time. And it heals their diseases without negative effects.
My family is made up of my father, mother, three brothers and three sisters.

My Business

I am local drugs dealer in Berekum, Brong-Ahafo. I started this business in 2012 in order to provide income and health to the people in my community through selling of drugs.I have two workers which I pay them monthly.
The people in my community like the local drugs because, they believe,it has been with them for long time and the more positive in solving their health problems.
I decided to help my community in terms of health. Also it serves as source of employment for me and my workers I'm working with.
The cost of buying the drugs to feed my drugs store is about ten thousand Ghana cedis per stock which is $2500.And the revenue is also around two thousand Ghana cedis per stock which is $ 500. I'm planing of expanding the business and employing more hands to help.I have some customers who I supply them the drugs from house to house and from work to work.I want a loan to buy motor bike for my workers to supply the drugs for me.

Loan Proposal

MY business is selling of local drugs,but if the loan is granted, I will expand the business,buy motor bike and employ more workers to supply my drugs.
Most importantly, buying more drugs. Also if possible production of the local drugs and distribution to the nearby communities. Again establishment of new stores in the other communities to help in solving their health problems there too.
Finally reinvestment of the income in the business.I will pay the loan with my daily sales of my shop or even my monthly salary.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 4, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

D

doublehelix

Philadelphia, United States

P

Pillango

Frankfurt, Germany

M

Mikel

Buchs, Switzerland

A

andprosper

World Peace, United States

M

mjohnson

Austin, United States

MarshFamilyUK

Canterbury, United Kingdom

Mrdressup

Brisbane, Australia

90803

Long Beach, United States

M

MHarrison

Bristol, United Kingdom

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

E

Esseni

Cincinnati, United States

M

mallika

Laguna Niguel, United States

Y

yunfangjuan

Palo Alto, United States

A

andresol

Oslo, Norway

C

Catch22

The Colony, United States

HernanB

Berlin, Germany

R

rosebo

Bend, United States

Parkmobile

Fort Bragg, United States

H

happytrailsjpd

South Bend, United States

M

markus61

cologne, Germany

M

mibrahim51

Mountain View, United States

A

adelias

plymouth, United States

G

GreenMoney

Lahr, Germany

A

AEDCPD

Berlin, Germany

C

chlevak

Stockholm, Sweden

R

RohitSingh

Montreal, Canada

J

Jotrees

Philadelphia, United States

D

dj9812

United States

TomF925

www.AfricaLeap.com, United States

K

kelsiek

United States

M

Morgan1301

United States

L

liseman

United States

S

Smadori0

United States

T

TheNJBoys

United States

Paul Buchheit

Mountain View, United States

DR

Daniel R

Berlin, Germany

TM

Theo Mbise

Switzerland

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$117.33

Amount remaining

$0.00

Date repaid

Apr 26, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Mar 15, 2015 $16.67 Mar 15, 2015 $16.67
Mar 22, 2015 $16.67 Mar 22, 2015 $16.67
Mar 29, 2015 $16.67 Mar 29, 2015 $16.67
Apr 5, 2015 $16.67 Apr 5, 2015 $16.67
Apr 12, 2015 $16.67 Apr 12, 2015 $16.67
Apr 19, 2015 $16.67 Apr 19, 2015 $16.67
Apr 26, 2015 $17.33 Apr 26, 2015 $17.33

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