Purchase of stock of medicine for my chemist

Beatrice Monyoncho

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Beatrice Monyoncho

Member since

January 2015

On-time repayments

283 installments  •  98%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

12

None

None

  • achim    Aug 7, 2020

    Great

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  • Will    Oct 12, 2017

    Loan was completed early. I would lend again.

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  • David    Oct 10, 2017

    I am pleased to be a small part of the huge group of lenders that funded this loan. Beatrice is helping her community and has shown a proven ability to pay back even large loans. Excellent!

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  • Filip    Apr 11, 2017

    Well done!

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Loan Info

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: $0.50

Lenders

R

rmacaw

Australia

J

Jennifer

Minneapolis, United States

J

jasonbronowitz

Tempe, United States

E

Ethan

Middleburg, United States

D

duckdork

De Forest, United States

E

erlingre

Sør-Fron, Norway

jan73

Eugene, Oregon, United States

F

Frenchie

Johannesburg, United Arab Emirates

L

LenoMetus

Perth, Australia

Arjan Geven

Vienna, Austria

P

Prometheus

Duisburg, Germany

AKWatson3

Norwalk, United States

P

PeterSpencer

United Kingdom

KM

Kirsty M

United Kingdom

stephen sontag

Narragansett, United States

MW

Matt Willis

United States

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