Otc medicine shop

Entrepreneur

About Me

I'm a guy of 28 who has a first degree in Economics. Due to the condition of our economy I have now turned to selling Over-The_Counter medicine. I've, through education, lived in communities with different cultural setting. That, I lived in Tamale for Senior High education, at this end, I learnt how the people of the North, even though in the city value tradition and celebrate the Fire Festival and love to help one another out of trouble. Growing up, at certain points, I nearly left school to join my peers who enjoyed everything but school. I really had to discipline myself to go through my primary education. In a community where they spoke a different language from my mother tongue, at Senior High, life after the classroom wasn't easy but I diligently learnt the language and after a year I could find my way around in the life-after-class. All this aside, financially I had to struggle through since my father's income was enough to take care of all the kids satisfactorily.

My Business

I'm into the sale of Class C drugs. This business is prudent in my community because most of the people around do manual and almost always demand drugs that can get them going the next day. Sales from the shop would be used in the loan repayment. The typical costs at the shop are the utility bill, house keeping and salary for the shop attendant. The typical revenue outweighs the cost to a very large margin. All the profit gained from the business are reinvested in the the business. I'm looking at a future of turning the shop into a pharmacy so that I can sell wider range of drugs while serving a wider range of people and a wholesale so that other shop would be supplied by my shop.

Loan Proposal

When I buy this batch of items, it's will help me increase my stock level and also attract more customers to my shop as well as increasing my profit margin.
The product that would be bought are as follows:
Haemoglobin 20.18 per corton
Glucose 6.05 per box (containing 10 units)
Robb ointment 3.36 per box
Letalin syrup 16.14 per box

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Loan Info

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