Establishing a pharmacy to provide medicine

Kipruto

Kabarnet, Kenya, Kenya

100% paid forward

Entrepreneur

Name

Kipruto

Member since

August 2015

On-time repayments

317 installments  •  93%

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    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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    • Kipruto    Jan 21, 2018

      Thank you Mary ,your kindness and support motivates me to work harder.

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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

$3,064.00

Date disbursed

Jul 2, 2021

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

Prestea, Ghana

Francsica

Bekwai, Ghana

Grace

Northwestern, Zambia

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

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  • Kipruto    Apr 18, 2023

    I have received the funds.Thank you very much zidisha team,lenders and members for supporting my project. I have already ordered medicines for my pharmacy and I'm waiting for it to be delivered.I have spent KES 100000 for both medicines and non pharmaceuticals.
    I will use the rest to buy laboratory agents and equipments. I'm so happy and grateful for your support.

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  • Kipruto    Apr 18, 2023

    I want to add stock of drugs for my business.I will be able to buy more medicine and non pharmaceuticals for pharmacy.I will also but laboratory equipments including microscope,centrifuge machine and reagents.
    This loan will help to boost my income because of increase in stock.I will be able to meet all my clients demands and therefore my revenue will also rise.
    Thank you very much members, lenders and zidisha team for lending me loan.I'm so grateful.

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  • Collins    Apr 12, 2023

    Dear Kipruti, may God make away for you bro

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  • Josphat    Apr 11, 2023

    Keep up brother may your project succeed

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  • Samwel    Apr 6, 2023

    all the best

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  • Kipruto    Mar 29, 2023

    Hello members and zidisha team.Thank you so much for funding me this loan.I will use this funds to restock my chemist by buying more drugs,medicinal substance and non pharmaceuticals.I will also use some amount to buy reagents for laboratory.This amount will help me increase my sales by attracting more clients hence increase my revenue.I'm so grateful for making this possible.Be blessed

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  • Moses    Mar 29, 2023

    Hope this can help you.

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  • Geri    Feb 16, 2023

    You're awesome bro

    Translated by Google     Show original

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  • Moses    Feb 9, 2023

    Hope this will help.

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  • Kipruto    Feb 5, 2023

    My previous loan project was successful. I was able to open a chemist and despite the all challenges which came along,we were able to manage it.Its is now catching up to stabilise and I wanted to thank you all for the support and patience you gave me.

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    • Romesh Fernndo    Feb 10, 2023

      Hello Kiproto

      I funded your project 100% to help you succeed with your dreams of doing better in life. I am an entrepreneur myself and want to see you succeed.

      Please let me know how you are going with the business. Please keep the cost down and pay the loan fast for me to fund another person like you.

      Good luck

      Romesh

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      • Kipruto    Mar 2, 2023

        Hello Romesh,
        I'm grateful for your support in helping humanity. Business is dong good so far. I just need to add more of stock of medicines, Laboratory reagents and equipment's. I also want to hire a pharmacy assistant. I will keep the cost down as much as possible.
        Thank you

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  • Kipruto    Feb 17, 2022

    Am requesting to reduce my loan payments limit for two installments. I have been through a lot of financial challenges but in a week's time I will pull through and will be able to able all my loan balance.Thank you for your Patience's and understanding.

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  • Kipruto    Jan 13, 2022

    My weekely payment is too high to generate from my daily income.Its more than double from my initial weekly payment i was paying before it was adjusted higher.

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  • Kipruto    Jan 5, 2022

    .I cannot afford to pay weekly installments of KES 13305.My initial weekly payments was KES 5000 and it was increased suddenly. I can't get that amount from my sales from pharmacy shop,the turn out is still very low and I hope God willing next year there will be an improvement.
    Am requesting to reduce two installments to KES 1128 and also requesting zidisha team to consider my initial weekly installments of KES 5000,the one I applied loan with.Thanks very much and am hoping for that consideration.

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  • Kipruto    Dec 24, 2021

    Hello team .I cannot afford to pay weekly installments of KES 13305.My initial weekly payments was KES 5000 and it was increased suddenly. I can't get that amount from my sales from pharmacy shop,the turn out is still very low and I hope God willing next year there will be an improvement.
    Am requesting to reduce two installments to KES 1128 and also requesting zidisha team to consider my initial weekly installments of KES 5000,the one I applied loan with.Thanks very much and am hoping for that consideration.

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  • Kipruto    Nov 27, 2021

    Hello team.I would like to reduce my installments.My income has reduced drastically and I hope in the next five weeks it will have improve. Thank you

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  • Kipruto    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    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    Jun 29, 2021

    Best wishes in your business.

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    • Kipruto    Jun 30, 2021

      Thankyou so much for your support Luka.I appreciate that.

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