Mike
Gesonso Kisii Town, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Mike
Member since
July 2015
On-time repayments
20 installments • 0%
Mike Ndalo is my name, Am a friendly and warm person, a husband , a father and a pharmacist.I went to school at s.t pa tricks primary school and later Uhande high school .I later went to Rift Valley institute where i studied social work.Primary school education was good , i had many friends who are still my friends to date.Secondary school is where i faced a lot of difficulty, because the school fees was so high and my parents had many other children to pay their education for.I thank God because i succeeded in finishing my education.This was due to the fact that school fees was not readily available. After my education i worked as a social worker,i worked for two years .The salary was little and i opted to start a small pharmacy which i saw to be profitable instead of earnig a salary of 5000kes, as a social worker.We do farming as a commercial activity and people here cant survive without farming.I have one child and the moment, and he says he wants to be a teacher.I love watching movies when am free.
I buy and sell human medicine, Medicine is important because human beings need healing when they fall ill and sick , i love my business because, i provide health solutions to peoples health problems.My main cost is the cost of my pharmacy rent which i pay 2000 kes every month, and the cost of trading license .I make 20000kes every month, and i use the money to support my parents and to expand the business.
I will buy a box of coartem tablets for my pharmacy at a cost of $60, and the remaining $40 will be deducted as membership fees for zidisha, each box contains five dozens of this tablets ,and i will make a profit of $10 after selling this box , which i sell at my pharmacy for three days,. I will be able to pay for the loan and at the same time reinvest the money many times over . This will give me the satisfaction of providing treatment to people with malaria in my community and it will also increase my earnings by 10%.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 27, 2015
Repayment status
Late
Projected term
4 months
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