Inventory of local drugs for my shop

Edward

Berekum, Ghana

100% repaid

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How it Works

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. I wish to apply for the next loan, so that I can buy more local drugs. Also add selling of local drugs and non local drugs.
Expansion works is on going, but not completed yet. I want to rent bigger store room so that I will able to sell more products, employ more people to help me in the shop.
Also, the loan will help me in terms of distribution of local drugs to nearby communities around Berekum.
I am making plans of establishing new stores in and around communities in Berekum . In doing so , I am solving illnesses problems .
Finally , reinvestment of the income in the business .