Loan to buy paracetamol,fpac,blood tonic,etc for my shop
Oppong
Dormaa Ahenkro, Sda Superb., Ghana
100% repaid
Entrepreneur
Name
Oppong
Member since
December 2016
On-time repayments
94 installments • 9%
About Me
My name is Oppong Isaac. I began life in a small village called Aboabo number 4. I completed in a school called Temple of Praise school. Later my parents came to stay in Dormaa Ahenkro. I had the opportunity to go to Dormaa senior high and completed successfully. I wanted to do medicine at the university but my grade did not permit me. The university requires aggregate 6 but I had aggregate 9. I asked my parents to open a drug store for me because that is the only area my interest was. In fact they didn't hesitate and furnished me with a nice building where I would sell my drugs. So life began hear.
My Business
I sell various drugs like paracetamol, plasters, spirits, blood tonic and many more. These drugs help my community in several ways, first it serves as first aid and secondly, it provides the opportunity for patients whose prescribed drusg are not covered by the national health insurance scheme to get access to them in my shop. I initially had interest in studying medicine at the tertially level but due to my father's death I could not accomplish that dream. In effect I decided to deal in drugs as a substitute. I make sales of about ghc200 a day and more on Tuesdays which happens to be a market day in Dormaa Ahenkro. I use part of the profit I make to pay for my wards school fees. Part to feed the family and the remainder is reinested in the business.
Loan Proposal
I all buy pain killers $12, blood tonic $11, plastics and spirits for dressing wounds $21. Multivitamin tablets $16,malaria drugs $17. The most demanded drug is malaria drugs just because mosquitoes are rampant in my community. I all buy sanitary pads $14. In addition, I all include twenty cartons of baby diapers $13. Baby diapers is commonly used by mothers these days and its will generate income.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$14.00
Date disbursed
May 10, 2017
Repayment status
On Time
Projected term
6 months
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