Purchase of variety of drugs for my 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

Prospective Lenders,
I thank Zidisha for having approved my application to request for this loan.
I will use the kshs 12,756 (usd 150) to buy variety of drugs for my pharmacy. I am targeting the stock that is lacking in my shop.
We have the rainy season again with us and the prevalence and estimated risk of malaria around lake Victoria is now high. I will purchase stock of doxycycline and mefloquine, which is now the recommended drug for treatment of malaria here. My current stock and variety is showing resistance and I am now referring my customers to other shops. They are getting disappointed, having chosen me as their first choice. I want to improve on the quality of treatment and health for a better working nation, that Kenya is. I feel zidisha is the place to turn to for this urgent need and also to develop me and generally improve on other varieties at my countes in the future.

Feedback

Loan Info

Lenders