Stock up

Jared Oyuga

Malaba, Kenya

100% repaid

Entrepreneur

Name

Jared Oyuga

Member since

February 2018

On-time repayments

26 installments  •  88%

About Me

brought up in a small village in kimilili in bungoma county where i also completed my education from primary to secondary level.
i was brought up in a poligamous family hence scarce resources so i grew up through a lot of hardship .
i went through college after years of struggle and got employed at the a local drug store 
i moved to my current location to look for greener pastures where i hustled for years before opening my own phamacy
the original community has been very welcoming that i have blended with them socially and business wise
i want my children to have the best that i never had and not to go thruogh what i went through to succeed in life
i pass my free time reading articles and blogs online

My Business

i own a pharmacy that deals with sale of medicines and other drugs for both human and animal usage...more of a drug store.
these goods are important because every living thing needs good health care...this is very essential and basic in any community so it is highly on demand.
i chose this because it is both profitable and grows in a short span of time but out of it all i did it for passion ever since childhood i always wanted to be a doctor but ended up a pharmacist.
i incur costs like the local government permit and transportation cost for supplies from my distributor among other small payments and bill like morguage and electricity.
i use part of the profits to educate my kids and plough back the rest to my business...i also venture in agriculture

Loan Proposal

hi lender these loan will be an additional finances in the right direction since it will add up the stock am managing at these moment. there are various medicines needed especially now that we are entering the cold season of the year july and august. the medicines needed much are for cold and flu. and these loan i will be in a better position to stock them. thanks lender one more time for these assistance. God bless all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$86.30

Date disbursed

Jun 19, 2018

Repayment status

On Time

Projected term

5 weeks

Cost to entrepreneur

Service fee: $3.63

Credit risk payment: $7.27

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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