Loan to buy drugs to stock 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

I'm by this platform wish to inform my lenders for funding this loan for me to purchase the following to stock my shop to enable me obtain some profits to expand my drug store business. I want to buy pain killers such as paracetamol,aspirin etc which is estimated to cost $23, I want to buy forty packs of blood tonics $19. I will include thirty packs of !ibrium $16. I will use part of the loan to by plasters and spirits for dressing wounds $17. These are few things that I have budgeted and I have the hope that I will be able to raise some profits out othis sale to boost my income.

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

I'm by this platform wish to inform my lenders for funding this loan for me to purchase the following to stock my shop to enable me obtain some profits to expand my drug store business. I want to buy pain killers such as paracetamol,aspirin etc which is estimated to cost $23, I want to buy forty packs of blood tonics $19. I will include thirty packs of !ibrium $16. I will use part of the loan to by plasters and spirits for dressing wounds $17. These are few things that I have budgeted and I have the hope that I will be able to raise some profits out othis sale to boost my income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$56.00

Date disbursed

Nov 2, 2017

Repayment status

On Time

Projected term

5 months

Lenders

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