Renovations and more stock for my pharmacy

Beatrice Monyoncho

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Beatrice Monyoncho

Member since

January 2015

On-time repayments

283 installments  •  98%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

12

None

None

  • achim    Aug 7, 2020

    Great

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  • Will    Oct 12, 2017

    Loan was completed early. I would lend again.

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  • David    Oct 10, 2017

    I am pleased to be a small part of the huge group of lenders that funded this loan. Beatrice is helping her community and has shown a proven ability to pay back even large loans. Excellent!

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  • Filip    Apr 11, 2017

    Well done!

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Loan Info

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: $115.10

Lenders

ads68

Melbourne, Australia

T

Taupe

Balzers, Liechtenstein

Arjan Geven

Vienna, Austria

K

KiraDee

United States

Michel Bavin

Antwerp Area, Belgium

V

Vivek

Arlington, VA, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Thomas

Sweden, Sweden

RC

Rudi Chen

United States

J

Jo

United States

J

John

Toronto, Canada

Craig Newmark

United States

Angi

Germany

Humble Bundle Community

San Francisco, United States

Tilman Schweitzer

Mainz, Germany

L

Lillian

United States

W

Will

United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Darren Jeppson

Denver, Colorado, United States

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