To equip my medical laboratory

Patrick Korang

Berekum, Ghana

100% repaid



Patrick Korang

Member since

July 2015

On-time repayments

182 installments  •  66%

About Me

I am Korang Patrick, a 25 year old Ghanaian. I am the first born of Mr. Korang Vasco and Mrs. Augustina Effah. I had my basic education at AKAB Complex at Berekum in Brong- Ahafo. I then proceeded to a senior High School in Kumasi called Prempeh College and then the Cape Coast University to offer Medical Laboratory Technology . At the University, I started selling recharge cards to students in order to generate some money to support the payment of school fees, buy books, make handout copies, buy laboratory coat and shoes. After graduation, I started my own medical laboratory in my community. The people in my community are humble, respectful, hardworking, generous, and the order of inheritance is matrilineal. I like reading during my leisure time.

My Business

The service I provide is to run samples in order to assist in the prognosis and diagnosis medical conditions. My services is useful in that without these tests wrong drugs would be prescribed which can be harmful to the patients. I chose to do this business to help the Doctors in my country to take good care of the patients. I want to see everyone in my community very strong and actively taking part in the nation building. For the services that I render, my cost involved is around $400 and my revenue as at now is around $950 each month. If I am given the loan, I will reinvest the profit in the business to increase services that I run and my revenue. I wish to run more laboratory tests in the laboratory to assist in the proper management of patients medical conditions.

Loan Proposal

If I am given the loan, I will buy some laboratory regents for testing blood group, sickling, haemoglobin and equipment and media for microbiology tests. I want to expand my laboratory services from only haematology to clinical chemistry, microbiology, histopathology and transfusion. I really want to create a modern laboratory with excellent services in my community. I would like to also employ some laboratory technicians to assist me in the services. The cost of the reagents, and the equipment may cost around $200. When I am given the loan, the expansion can help me generate enough funds to provide better services to my people to aid promote health, growth and development. Thank you.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Aug 1, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $2.79

Patrick opted to pay $6.33 into the Zidisha Members Loan Fund in return for a higher starting credit limit.




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