Entrepreneur
Name
David
Member since
August 2017
On-time repayments
44 installments • 50%
About Me
My name is David ,I am a teacher by profession . Meanwhile , I have been researching on alternative natural remedies in treating both my mother's and my sister's ailments . There has been great progress and many other people have also befitted .
The use of herbal medicines and phytonutrients or nutraceuticals continues to expand rapidly across the world with many people now resorting to these products for treatment of various health challenges in different national healthcare settings (WHO, 2004). This past decade has obviously witnessed a tremendous surge in acceptance and public interest in natural therapies both in developing and developed countries
It is estimated that up to four billion people (representing 80% of the world’s population) living in the developing world rely on herbal medicinal products as a primary source of healthcare and traditional medical practice which involves the use of herbs is viewed as an integral part of the culture in those communities (Mukherjee, 2002; Bodeker et al., 2005; Bandaranayake, 2006).
My Business
My business was born out of the need to deal with my mother's sickness . It led me to research alternative remedies for chronic ailments mainly through use of nutrients, herbs and essential oils and nutrition ,which gradually eliminated my mother's ailments
Many people are now able, to access food nutrients , herbs and essential oils , which they could not access before and are now living a better life.
Now my mother has acquired a clientele who have benefited from the products which she used.
My mother and I make revenues of 300 dollars per month and has an expenditure of 100 dollars per month
Loan Proposal
Part of the loan will go towards marketing. This will take about 25 dollars . This will mean calling people and informing them about the potent natural health products l have. l have seen this method of marketing work very well and increase sales and profit by about 30% .
Data bundles will take about 10 dollars to buy 1 GB for one month . This is one may of researching for both knowledge and natural health products .
About 62 dollars will be used to add to inventory by importing a few antioxidants and essential oils .
Educating the public will take 10 dollars . This will be in form of posters on the walls of the store. Consequently many will get to know about nutural health remedies , get healed and start a new life.
15 dollars will be used to buy empty gelatin capsules to encapsulate powdered supplements like ginko biloba .
17.65 dollars will be used to ensure security of the supplements by fixing glass panels and pandlock on the shelves.
Thank you .
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Loan Info
Project Type
Classic Loan
Disbursed amount
$137.00
Date disbursed
Jun 9, 2018
Repayment status
On Time
Projected term
2 months
Lenders
United States
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