Establishing a pharmacy to provide medicine

Kipruto Kiptarus

Kabarnet, Kenya, Kenya

22% repaid

Entrepreneur

Name

Kipruto Kiptarus

Location

Kabarnet, Kenya, Kenya

On-time repayments

276 weekly installments  •  99%

About Me

My name is Kipruto Kiptarus ,commonly known by the nickname Rush.I am 28 years old,We are seven children in the family;three of us are sons while four are daughters,Am the sixtieth born .My father has now retired from 'matatu '(public passengers car)driver,while my mother is a farmer and a herbalist as well,she keeps livestock as well as cultivating a small farm,i use to assist her especially in looking after livestock as well as fetching herbs with her in the forest.Its from her that i gained my interest to do livestock farming as well as studying medicine in a diploma course in pharmacy. I also did my college research project with her help in comparing the herbal medicine to modern medicine in modern world.
I started my farming business on may 2014 with five hens and a cock,I was then in my attachment course in Kabarnet district hospital pursuing a diploma course in pharmacy.its then that I realize I do have a free time during evenings and weekends,I approached my neighbors carpenter and we raised a poultry house ,later in July I bought five more hens and two sheep,august September continues laying and brooding and by October around sixty chicks had been hatched, though so me did not survive due to harsh weather,limited space and improper vaccination.my second lot was more successfully ,I got a ready market sold them and I was able to buy two young bulls and a second hand motorcycle.from then I started admiring this work and was anxious to join Zidisha to share and learn from others and more importantly the financial support.I have been in farming from then 2015 till now 2021.
From my career of pharmacy practice i have also initiated another project of owning a pharmacy shop which is already in place.Am in the process of incooporating farming and pharmacy practice.

My Business

Livestock farming is my business of choice ,i rare cattle bulls for now ,sheep and hens.Am aiming to expand poultry house.Hens have dominated my farm and am glad to strengthen because it has uplifted me to where iam now.Am also looking forward to rare a high breed dairy cows and goats for milk products,i already have a dairy goat thanks to zidisha and lenders and looking forward to have more stock.Besides that I have a motorcycle easing me with my daily needs and transportation of animal outcomes like eggs as well as livestock inputs like chicken feeds.
My business has grown since joining zidisha more so in poultry farm.Besides home consumption of eggs and selling at local centers ,Am now supplying over sixty eggs weekly to various retail shops and hotels in my home town,Kabarnet.I have maintained my poultry in the farm and i have two employees farm looking after poultry and cattle.I also have a part time employee who is taking care of the farm i recently bought and plant bhomarhode grass.
I have also made a downpayment for owning a pharmacy shop and am in the process of making full payment.
I have build a small house and this year 2021 God willing i intend to marry and have a family of my own.Thanks to zidisha innovation and generous lenders for your support.

Project Proposal

I had just purchased a pharmacy shop which I had already paid deposit on April. The business is already on and I would like to complete the payment. I also want to add more stock of drugs/medicines. In addition I want to buy a fridge for storing refrigerated drugs and other products .Lastly I would to buy a computer for inventory use in pharmacy.
By investing loan in this business, I will be able to meet my clients demands and able to satisfy their needs. I will also be able to increase my output and will be expecting my profit to double, also am hiring another employee to aid in pharmacy.

My Videos

Jun 23, 2021: Farming and pharmacy business

Feedback

3

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  • Mary    Feb 15, 2018

    Once again an outstanding borrower!

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    • Kipruto Kiptarus    Feb 15, 2018

      Thank you so much Mary for your continuous and tireless support,lam very much grateful.

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  • Mary    Jan 21, 2018

    Kipruto is a midel Zidisha Borrower. I would recommend loaning to him for any future loans.

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  • Will    Oct 12, 2017

    Kipruto has been making all of his loan repayments on time, and regularly posts updates with pictures! I would loan to him again.

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Project Info

Project Type

Pay It Forward

Disbursed amount

$3,064.84

Date disbursed

Jul 2, 2021

Cost to entrepreneur

Service fee: 5% of $3,064.84 = $153.24

Backers

Ren

Minneapolis/StPaul, United States

JH

Joseph Hwang

Houston, United States

Daisuke

Tokyo, Japan

DD

Dixie Davis

Kyle, United States

B

bert

Sweden

Jesus Figueres

Valencia, Spain

John Ayinkurugu

Prestea, Ghana

Francsica Bemah

Bekwai, Ghana

Grace Kaluwe

Northwestern, Zambia

Ask Kipruto a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Kipruto Kiptarus    Jul 3, 2021

    Hello dear people.I have received the funds you lend me,a total of amount 328627 KES.I have already completed payment for purchasing a pharmacy shop.i have also ordered purchase of drugs and medicines .Am also in the process of buying a fridge.I want to thank you so much for supporting my project.

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  • Kipruto Kiptarus    Jul 2, 2021

    I would like to acknowledge;@Razvan Roman,@Joseph Hwang,@Bert,@Dixie Davis,@Melkmom,@Daisuke,@Jesus Figueres,@Hanshell,@Luka Phiri,@Eric Gichane,@Zidisha team and all the team.
    I will now be able to complete payment this pharmacy shop i had already established.I will also buy more stock of medicines,a computer for monitoring stock and keeping records.And lastly i'll buy a fridge for refrigerating drugs and drinks.
    This loan will help me in such a way that my revenue and income will increase by approximately 20%,i will also be able to meet my clients needs and create employment to other people .
    I thank you all very much for supporting me and now henceforth i will also be contributing to PAY IT FORWARD to other members of the zidisha team.

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  • Razvan Roman    Jul 2, 2021

    Kipruto — good luck and pay it forward! :)

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  • Luka Phiri    Jun 29, 2021

    Best wishes in your business.

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  • Hanshell Sakala    Jun 29, 2021

    Happy to help you with the little I have

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  • Eric Gichane    Jun 25, 2021

    Glad to see you here my brother and colleague, wishing you great success

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  • Kipruto Kiptarus    Apr 22, 2021

    Hello team zidisha and dear lenders.Today is a special day to me as its also my birthday.Am glad to have finished paying my loan this day.Am also thankful for your financial support you gave me all through this journey.
    This loan has made a difference in my life.I was able to buy a piece of land and right know am developing my own farm.I have planted bhoma rhodes grass in the same farm as well as other farms i have leased.
    I also have an idea of intergrating my farm business with a pharmacy shop which i have already starting making downpayment and is already on the run. This far i have gone is all because of your support.Thank you so much lenders for your patience and kindness.

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  • Kipruto Kiptarus    Apr 21, 2021

    Hello my dear lenders and Zidisha team.I have made a tremendous progress since you came into aid of my farm business growth. In regardless of challenges came along through this journey including this pandemic and long seasons of no rains,you've stood by me.
    I have just sold two of my bulls which i had bought in 2016 with my second loan.i had bought at 140 dollars and sold at 800 dollars after five years.I want to pay my remaining loan balance of 340 dollars and use the rest to buy young bulls.Thanks again so much.

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  • Kipruto Kiptarus    Feb 21, 2021

    My income has dropped down due to lack of rain,my animals feedstore is empty and currently am buying feed and also water.i'll be able to recover once again as soon as the rain started.allow me to reduce my payment for more five weeks.

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  • Kipruto Kiptarus    Nov 15, 2020

    Greetings zidisha team and my dearest lenders.I wish again to reduce my weekly payment limit.I have bulls have been rearing for the past four years and i think they are ready for the market.This will be as a result for my previous loans.Am now looking forward to selling them though marketing and prices have been a bit down due to this pandemic.Most butcheries,hotels and slaughter houses have been shut down.As soon as the market is ready i will prioritize with income in repaying this loan.
    For now am still not able to raise my weekly installments and requesting more time to work on this marketing of selling bulls.
    Thank you so much and i love you all.

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  • Kipruto Kiptarus    Oct 9, 2020

    Some of my bulls ready for market and grass ready for harvesting.Am planning to transform slowly into dairy farm.

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  • Kipruto Kiptarus    Oct 9, 2020

    Greetings zidisha team and my dearest lenders.I wish again to reduce my weekly payment limit.I have bulls have been rearing for the past four years and i think they are ready for the market.This will be as a result for my previous loans.Am now looking forward to selling them though marketing and prices have been a bit down due to this pandemic.Most butcheries,hotels and slaughter houses have been shut down.As soon as the market is ready i will prioritize with income in repaying this loan.
    For now am still not able to raise my weekly installments and requesting more time to work on this marketing of selling bulls.
    Thank you so much and i love you all.

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  • Kipruto Kiptarus    Sep 5, 2020

    My market for egg and poultry demand has reduced drastically due to covid-19 pandemic. Many hotels and shops I use to supply has been closed down.The remaining ones have lowered the prices of buying commodities. For this I would like to reduce my payment amount for another 5 instalments as I figure out another marketing strategy. Thanks so much for your continued support and Patience's.

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  • Kipruto Kiptarus    May 15, 2020

    Hello dear lenders and zidisha team,I hope you're all well during this times.Iam also doing well.
    I would like to reduce my loan payment for another five installments.The market for selling eggs,chicken,milk and sheep has gone down due to restricted movements in the region.I can't make enough and my income has drastically declined.I would gladly be happy if you allow me to reduce my installments and i'll be grateful.Thanks so much.

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  • Kipruto Kiptarus    Mar 27, 2020

    Hello dear lenders and zidisha team,please accept my reduction amount for weekly payment.i was so optimistic and i had lease a piece of land to plant grass.I also bought a cow(heifer) and am managing on new development.i have longed so much to finish payment of this loan,and i hope i will achieve it soon.Thanks so much dear lenders.

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  • Kipruto Kiptarus    Feb 27, 2020

    My dear lenders and zidisha team,i've made a tremendous progress in my farm.i doing well .My bullls have grown big,My sheep has trippled in number within two years.I have also leased two acres from a local firm and i intend to grow bomarhodes as soon as it rains.Thanks for this milestone we've travelled together and i will continue with more updates.

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  • Kipruto Kiptarus    Feb 14, 2020

    Hello lenders,am requesting to pay ksh 1000 weekly from ksh 5000,for another month'.i lease a land and am preparing for ploughing and plant grass;this will enable to secure grass for future in case of drought'.thanks so much,am looking forward to catch up with my payment rate soon.

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  • Kipruto Kiptarus    Jan 7, 2020

    Hello dear lenders,i would like to reduce my payment amount.i have taken long time to pay my loan and am trying to catch up to clear by mid next year 2020.i have had a lot of miscellaneous expenditure including paying for school fees for my sibling sister .am committed to make things work better next year God willing.I thank you all for your support.

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  • Kipruto Kiptarus    Nov 29, 2019

    Hello dear lenders,i would like to reduce my payment amount.i have taken long time to pay my loan and am trying to catch up to clear by mid next year 2020.i have had a lot of miscellaneous expenditure including paying for school fees for my sibling sister .am committed to make things work better next year God willing.I thank you all for your support.

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  • Kipruto Kiptarus    Oct 19, 2019

    Hello lenders and dear team. Am doing well and i hope you too.
    I would like to reduce my payment instalments for another period of five weeks.I had bought two young male cows.This has costed me the little money i had.However the season has been good due to long rains.There's plenty of grass and animal feed in the fields,and at the end of the season, am expecting more income from the same.Thanks so much zidisha and God bless you

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