Inventory of ANTI-RABIES AND ANTI-TETANUS medicine for pharmacy

Entrepreneur

About Me

I am Peter Owino Okech, born in 1977 in Bondo District of Siaya Couty-Kenya.
I am married, with 3 children and we live a Migosi in Kisumu City.
I am a Pharmacist by profession and currently running dawalane enterprises.
I attended Kenya Medical Training College for my diploma and higher diploma in pharmacy, I then proceeded to Mount Kenya University for my undergraduate studies in Pharmacy.
Due to lack of employment I ventured into private practice in the year 2012 with my personal savings and family loan from my elder brothers.
Wit the initial capital, I was able to rent a place in Kisumu and bought few drugs for a startup.
Currently, I am employing 2 assistants helping me with dispensing of drugs and purchase of drugs.
I have been able to use the proceeds to educate my children, provide them an avarage living and paying fee for my wife.
I am also supporting my mother back at home.
With the loans from Zidisha, I will be able to expand on the varieties of the drugs to serve the community effectively in an effort to reduce the disease burden.

My Business

I already have a running pharmacy, with stock valued at usd 3000.
My sales per week is about usd 1500. We do weekly purchases with the proceeds. Out of he sales, I make a profit of about usd 200 weekly, which goes to support my family, by paying rent, school fees, buying food and providing other family basic needs. I am able to make some savings of between USD 30-50 per week, which will enable me to repay the loan in time and effectively.
The demand for varieties of drugs is so high and at Car Wash Junction, people like my shop because of the professional services that I provide.
With the loan, I will be able to stock other varieties which sometimes, I refer my customers to buy from other shops. Being that their first stop is at Dawalane Chemists, they always get disappointed when referred to other shops.
The bigger risk is about lacking variety and being a tenant; and when the business grow, I would love to own a place to avoid being kicked out, due to jealousy for my thriving business.

Loan Proposal

Lenders,
I wish to take this opportunity to first thank lenders who supported my first loan.
It made an a change in terms of anti-malarial drugs stocked within dawalane chemists. The profit generated form the sales has been used to purchase a fridge for cold storage medicines and paid for my children's education.
With these second proposal, I wish to stock anti-rabbies and anti-tetanus drugs. Being the season of long rains we have witnessed an increase in snake bites and injuries occasioned by floods.
I will use USD 400 to purchase both the anti-rabbies and anti-tetanus drugs( these shall be stored in the fridge I bought with profit realized from the first loan). The remaining USD 50 will be used to add on my anti-biotic stock.
The profit margin after all the sales, will be USD 200, which I shall use in repaying the loan, improving the welfare of my family members and restocking other varieties of drugs on demand at my shop.
I thank you again for supporting my course and lets do this again together,.

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Loan Info

Lenders