Beatrice Monyoncho
Nairobi, Kenya
100% repaid
Name
Beatrice Monyoncho
Member since
January 2015
On-time repayments
285 installments • 98%
I am Beatrice Monyoncho born in kisii town and bought up in nairobi where i took my primary and secondary education and completed successfully then joined a medical college and took pharmacy as a course and successfully graduated from the college.I am a very hard working lady and due to this I was able to secure little loans from my relatives and friend to start up a small chemist in embakasi that I operate by myself with the help of a qualified nurse.I am a family lady and married with two kids.my hobbies are listening to music,watching football and swimming.
I basically offer laboratory services and also sell over the counter medicine which include painkillers among other medicines.if a client ?customer comes to my chemist with a verified subscription from the doctor i get to serve them and give them the right medication as per the subscription.I started this business cause I had passion in helping people and treating them.I am an ambassador of good health.IT is also a source of income with this world of today diseases are everywhere and in every season and thus calling for medicine thus proving a ready market.basically i spend about KES 50000 ($556) and make a profit of an average of KES 22000 ($244).I use the profit to pay for my bills and part of it for fees.
I will use the loan to renovate the pharmacy by painting it and also replacing worn out equipment.I will also use the loan to employ someone who will be helping me out since the work load has increased.I will also use the loan to buy more medicine for my pharmacy to ensure steady supply to my community that needs it .the total expenses will amount to $3000 meaning I will have to add some cash from my savings.This will ensure better services to the community and improved Living standards for me and my family and the community at large due to increased profits which will go up by a margin of at least !10%.I will be so grateful if my loan is funded.Thank you.
Positive
12
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$2,731.69
Date disbursed
Nov 16, 2017
Repayment status
On Time
Projected term
13 months
Cost to entrepreneur
Service fee: $106.05
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