More malaria treatment drugs

Francis

Njoro, Kenya

4% repaid

Entrepreneur

Name

Francis

Member since

December 2014

On-time repayments

268 installments  •  7%

About Me

I Francis Mbogoro was born in Nakuru county and raised with a single mother.I was lucky enough to get education sponsorship from primary level till i completed my college education.Now i hold a diploma in pharmacy from Nakuru Medical College and after college i started a very small pharmacy in njoro town so that i could help myself and my mother too..From that little my business has been growing slowly by slowly and so far things are really changing.

My Business

In my pharmacy i deal only in selling human drugs such as malaria tabs,coughs,pain killers.These products are on demand since life and good health is paramount and at the moment i face less competition in my area.
I choose these business because because of my educational experience on this field and i felt comfortable saving health.
My monthly business cost is as follows.Business premise rent $25,electricity $30 and stock drugs worth $450 to $500.My profit per month ranges between $125 to $250 of which i save a little and the rest support my family with.

Loan Proposal

Thank you so much for this far you have brought me to.Since i started this business i never got this kind of opportunity,i believe it's one of its kind which you can only get from Zidisha.Please kindly help me continue saving live and God will see you through.This is how i have plan to use the loan:-

$350 i am going to use in stocking untimalaria drugs from a leading wholesaler in Nakuru which will be selling me at a discount price.This will help to increase my profit by 40%.

$150 i will use to stock sleeping treatment drugs.Due to rapid malaria infections many people are now taking precausion to treat their nets so i have high demand at the moment which will drive up my profit.

Lastly $60 i will pay business premise rent and electricity.Thank you in advance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$630.00

Date disbursed

Feb 20, 2015

Repayment status

Late

Projected term

60 months

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