Loan to buy aspirin & paracetamol for my shop

Gyamfi

Dormaa Ahenkro, Ghana

100% repaid

Entrepreneur

Name

Gyamfi

Member since

January 2017

On-time repayments

54 installments  •  56%

About Me

Having interest in drugs and the rampant malaria and other minor illness in my community, I learnt about various drugs and their applications. These were only on first aids; I was also trained on how to read prescription forms. My father helped me to acquire a licence, and now I'm a full-time [pharmacist]. Business has been good since I started. It is a requirement in Ghana that every drug sold must be prescribed by a medical doctor. I have worked in this field for many years now and I can boast that I'm very experienced now.

I like listening to music a lot. I have through this business owned a cocoa farm in one of the villages called Asikasu, where I visit on weekends.

My Business

I sell all sort of drugs, pain killers such as paracetamol, asprine, etc. I have blood tonics, plastics and spirits for wounds, antibiotics and many more. From where my store is located has no drugstore in that suburb, and this offers me the opportunity to get market [share] and [therefore] my customers are many. Business in health drugs are lucrative, only that it is capital intensive. Acquiring a licence for this purpose is not easy in Ghana. One would ensure he/she has prepared a well-ventilated room to store the drugs. Had it not been the effort of my father, I wouldn't have reached this far.

Loan Proposal

Running a drugstore to have all the required medicines is very expensive. Once I have in stock some of the drugs,I would want to add to my stock the following. Six packs of paracetamol syrup for children $19, four boxes of cough mixture $16, two boxes of spirit for dressing wounds $10 and finally plasters $12.

Show original English  

About Me

Having interest in drugs and the rampant malaria and other minor illness in my community I learnt various drugs and their applications.These were only on first aids I was also trained on how to read prescription forms. My father helped me to acquire a licence and now I'm a full time drug dealer. Business has been good since I started.It is a requirement in Ghana that every drug sold must be prescribed by a medical doctor. I have worked in this field for many years now and I can boast that I'm very experienced now. I like listening to music a lot. I have through this business owned a cocoa farm in one of the villages called Asikasu where on weekends I visit.

My Business

I sell all sort of drugs,pain killers such as paracetamol,Asprine etc.I have blood tonics, plastics and spirits for wounds,antibiotics and many more . From where my store is sited has no drugstore in that suberb and this offers me the opportunity to get market and precisely my customers are many. Business in health drugs are lucrative only that it is capital intensive. Acquiring a licence for this purpose is not easy in Ghana. One would ensure he/she has prepared a well ventilated room to store the drugs .Had it not been the effort of my father, I wouldn't have reached this far.

Loan Proposal

Running a drugstore to have all the required medicines is very expensive. Once I have in stock some of the drugs,I would want to add to my stock the following. Six packs of paracetamol syrup for children $19, four boxes of cough mixture $16, two boxes of spirit for dressing wounds $10 and finally plasters $12.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.00

Date disbursed

May 23, 2017

Repayment status

On Time

Projected term

7 months

Lenders

PG

Paul Graham

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

Jan V

Port Dalhousie, Canada

CN

Craig Newmark

United States

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  • Baah    Dec 28, 2017

    I called him and he told me he has made payment.

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  • Gyamfi    Dec 16, 2017

    I received GHS285. I wish to thank my lenders very much for this loan funded.

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  • Gyamfi    Nov 26, 2017

    Thank you for funding this loan for me. I'm also going to make judicious use of this loan.

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  • Gyamfi    Nov 13, 2017

    The few drugs I bought was sold and I have used the profit to pay my ward's school fees.

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  • Gyamfi    Nov 3, 2017

    I have received GHC228. I want to thank my lenders for this loan amount funded.

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  • Gyamfi    Oct 24, 2017

    I will buy paracetamol, blood tonics,malaria drugs such as LONART,plasters,Spirits for dressing wounds etc. This will improve my profits. I thank my lenders dearly for funding my loan.

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  • Thomas Hörner    Oct 24, 2017

    I give you the full loan. I like what you are doing. Wish you luck and success for your business. Best regards, Thomas from Germany

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  • Gyamfi    Oct 24, 2017

    The loan I benefitted has helped me immensely. I bought some pain killers,spirits for dressing wounds and plasters. I realized some profits from this sale and I'm glad for this support and I believe future loans will increase my profits.

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  • Gyamfi    Oct 13, 2017

    Business is improved

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  • Gyamfi    Oct 13, 2017

    Bit by bit I'm increasing my stock of drugs. With the loan amount I have been able to buy few drugs especially pain killers and plasters. I really appreciate what my lenders have done to see the growth of my business.

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  • Gyamfi    Sep 28, 2017

    I have very weak income this week.

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  • Gyamfi    Sep 10, 2017

    Thank you so much my lenders for this loan funded for me. This loan is going to help me buy some few drugs to add to my stock.

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  • Gyamfi    Sep 1, 2017

    Thank you very much my lender for funding my loan.

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  • Thomas Hörner    Sep 1, 2017

    I lend you complete $22 and I wish you good luck with your business.

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  • Gyamfi    Aug 19, 2017

    Thank you my lenders for funding my loan for me. I appreciate greatly what you have done for me. I also that the Zidisha team for their hard work done.

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  • Gyamfi    Jul 10, 2017

    Thank to my lenders for this loan funded. I will buy blood tonics,pain killers etc

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  • Gyamfi    Jul 8, 2017

    I thank my lenders for the loan amount funded for my drugstore. I have realized some slight inreament with respect to my profits.

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  • Gyamfi    Jun 22, 2017

    Market is not good this week.

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  • Gyamfi    Jun 9, 2017

    My account is low this week.

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  • Gyamfi    Jun 6, 2017

    I am happy with my loan amount funded by my lenders, I am receiving more customers since my shop now has the basic drugs that my customers need. Most of the drugs prescribed by Doctors at the main hospital buy from my shop.

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