Loan to buy more drugs in the shop

Figgin

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Figgin

Member since

September 2017

On-time repayments

71 installments  •  10%

About Me

My name is Figgin Mainza i was born in 1992 in Lusaka town were i grew up.I come from the family 6 being 2 girls and 4 boys.I started school at Kalingalinga Primary School and completed my primary level there before i qualified to st. Maries Girls Secondary school.I completed my school with flying colors and went to Evelyn Hone collage where i studied pharmacy and obtained a certificate in pharmacy.After completion of my pharmacy studies immediately i opened a drug store in our township, i saw the opportunity because people would walk long distances due to lacky of a clinic near the township.Hence i need to restock my drug store so that i can have all the drugs needed for the people to buy.When i was introduced to zidisha loans i got interested and decided to apply for the loan.Our country zambia is so blessed with natural resources and tourism industry.However zambia is peaceful in the southern region of africa and no civil wars have been recorded.I order all the drugs on wholesale price and sale them on retail price, hence all the profits that i make i use them for my University tuition fees for bachelor's degree in Pharmaceutical studies.

My Business

I ran a drug store in our community which is the main source of my income and helping my family members.Most i stock mainly drugs of types of diseases and also some cosmetics for women.I choose this type of business because of the passion i have for patients who suffer from different types of diseases such malaria which is a deadly disease in Zambia, paracetamol, drugs for coughs and fevers.These drugs are for both children and adults.Typical cost is ZMK 1500 and after ordering i generate a turn over of ZMK 1000 which good for me, after realizing such turn over am able to repay my rental for the drug store and reserve some funds also for future use.Some of the profits i use to restock some of the drugs that are out of stock to ensure that there is consistent and maintain customers .

Loan Proposal

I need to restock or buy or order more drugs in my shop, hence i need USD 120 to help me order more drugs that are missing in the shop and allow more customers to buy whatever drugs they are looking for and maintain there good health today.This create more traffic in the shop and regenerate more profits and grow the drug store.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Sep 27, 2017

Repayment status

On Time

Projected term

3 months

Lenders

PG

Paul Graham

United States

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