Beatrice Monyoncho
Nairobi, Kenya
100% repaid
Name
Beatrice Monyoncho
Member since
January 2015
On-time repayments
285 installments • 98%
I am Beatrice Monyoncho born in kisii town and bought up in nairobi where i took my primary and secondary education and completed successfully then joined a medical college and took pharmacy as a course and successfully graduated from the college.I am a very hard working lady and due to this I was able to secure little loans from my relatives and friend to start up a small chemist in embakasi that I operate by myself with the help of a qualified nurse.I am a family lady and married with two kids.my hobbies are listening to music,watching football and swimming.
I basically offer laboratory services and also sell over the counter medicine which include painkillers among other medicines.if a client ?customer comes to my chemist with a verified subscription from the doctor i get to serve them and give them the right medication as per the subscription.I started this business cause I had passion in helping people and treating them.I am an ambassador of good health.IT is also a source of income with this world of today diseases are everywhere and in every season and thus calling for medicine thus proving a ready market.basically i spend about KES 50000 ($556) and make a profit of an average of KES 22000 ($244).I use the profit to pay for my bills and part of it for fees.
If my loan is funded i will use the money to add stock to my current stock which will increase my profits by at least 10%. This will improve my family;s living standard and also provide more medicine to my surrounding community.Thanks and I hope my loan will be funded.
Positive
12
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.16
Date disbursed
Jan 14, 2015
Repayment status
On Time
Projected term
6 weeks
Cost to entrepreneur
Lender interest: $100.16 at 6.96% annual rate over 1 month = $0.88
Service fee: $0.44
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