Loan to expand my medical-services business

Ian

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Ian

Member since

November 2016

On-time repayments

31 installments  •  77%

About Me

my name in Ian Collins, i went to Loricho Primry school and later on joined kpsabet boys high school, after finishing form four, i secured a place at the university of eldoret where i pursed micro biology for four years, i graduated with second class honors upper division.
After my graduation which took place three years ago, i stayed for long without a job, all along, i have been staying at home because all the efforts that i keyed in to get employment did not attract any job. Therefore with microbiological knowledge, i thought of starting my own pharmacy, with the help of my father i actualized this dream mid this year.
i had some money and in addition to what my dad gave me it enabled me to start up this business. I sell medicine and offer laboratory services in town

My Business

i offer the sale of medicine and also do laboratory tests and examinations in town, i teat the sick and administer to the medicines that can help cure them and return them to normalcy.this services are useful because they greatly assist in curing the sick patients who urgently need medical attentions.
i chose this business because of two reason, the fact that kenya is a very competitive market, i was not able to get employment and also the fact that i loved and had a very strong passion in pursuing medicine.
i use the profits that i generate each and every day to venture into expansion of the pharmacy, i have been having the dream of making my place the biggest pharmacy in town and i day in day out work to achieve that

Loan Proposal

i recently started this business and since then i have never been disappointed. thereby if i receive the cash, i will do expansion of the business. i need 300 us dollars to do this. Advancing this loan, will help me hit my target and take the advantage to expand the premise
i will benefit from the business and moreso the loan because it will help me reach my dreams of sustaining my business as well as advancing my education
i expect to increase my profits from 30 Usd per day to almost 50 usd which has been my target

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Dec 9, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

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