To purchase a chemistry semi-automated analyer for my lab

Mark

Kumasi, Ghana

22% repaid

Entrepreneur

Name

Mark

Member since

May 2015

On-time repayments

56 installments  •  30%

About Me

Am Mark Danquah 27 years of age from Ghana.
I run laboratory test like, blood grouping, typhoid test , malaria test, full blood count, sugar level estimation etc.
This is a field i was trained at the University as a professionaland I managed to raise some capital to start my own job. because i don't have to wait for someone to employ me so I thought it necessary to start from msomewhere my own.
Am from Ghana West-Africa Christian country very peaceful place to raise your children.
I really love foot ball and reading about books of successful people in life.

My Business

I provide medical laboratory services to mu community. I run laboratory test like haematology, microbiology, parasitology and chemistry test
The basics of the testing includes medical exam screening, blood grouping, fasting glucose level, sickling and genotyping, haemoglobin test and many others.
The health of the people is needed and due to the community population many people have to visit health facilities regularly and hence finding myself in the community as a private health provider puts me at a good advantage.
Am a Biomedical Scientists and this was the field I was trained at the University.
I choose this business because I realize people have to go and join long que at the hospitals to undertake laboratory test and again I saw that there were some test they could get results on few minutes hence had to materialize my talent to bless the community.
Is very costly running laboratory services winces some of the machines cost around 500 dollars, 800 dollars and sometimes more than 1000 dollars.
I started small by linking with other big facilities in order to help me deliver quality services because of insufficient resources.
but with the little I make profit ranging from 500- 1000 dollars and can say is a profitable business although I share my profit I still make good money
.As a policy to grow my business I mostly reinvest my profit after buying my reagents and business is growing

Loan Proposal

Zidisha blessed me with my first Loan for my Laboratory and i made 50% increase in my profit and business has been so great.
i bought a new equipment with my first loan and business grow massively.
Now there is a new area in the laboratory field which is chemistry test, which include fasting blood glucose level, liver function test, lipid profile, kidney function Test and etc.
The machine is costly and the semi-automated one is between 500-1500 dollars.
Is a field a lot of clients have been coming but am not able to deliver because i don't have the equipment.
I have saved a little which if Zidisha support me again i can buy the new chemistry machine.
The machine is more costly than the loan amount am requesting but i have sold some shares of my business temporary with a partner who is also a businessman beacuse of the new machine am looking for. The prtner has agreed to pay 50% of the cost of the new equipment and is also aware that am working with zidisha. Again i have spoken with the supplier of the analyser and they have agreed to spread the payment within a period of four months after making part payment.
I expect my profit to increase by 25% with this new machine which will go a long way to help my business grow and help my community obtain quality healthcare.
I will be grateful to receive help from my lenders again.
God bless you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$258.00

Date disbursed

Aug 20, 2015

Repayment status

Late

Projected term

10 months

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  • Mark    Nov 11, 2018

    I am sorry I have been off this page for a while, I lost my phone and had not details to enter my page and I had a bigger loss in my business too that I had to close the business down. I have been able to come back into business after almost three years of fall. Am back into business and ready to follow all the rules of this page and do all my repayments as required. I apologize to all my lenders.

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  • Mark    Nov 17, 2015

    Am doing good Mr Roy, i have not been active here because i lost my mtn chip and was off the mobile money for a period, i couldnt make payments with my number and dat has delayed me a lot
    dear lenders am sorry for the inconvenience but am almost through and will start payment soon.

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  • Roy    Nov 9, 2015

    How are you Mark?

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  • Mark    Oct 16, 2015

    good afternoon my dear lenders, God bless you all for making Zidisha a blessing to me, Am grateful

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  • Mark    Oct 11, 2015

    please i have paid the october 4 but am seeing 0 on the page why and it 30 Ghana cedis before i changed my payment plan

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  • Mark    Oct 10, 2015

    I want to reduce my payment because of the electricity problems in my community which has affected my customers output. But i will increase it when things stabilize a bit. Thank you

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  • Mark    Oct 10, 2015

    Thank you my lenders and organizers the September payment has reflected now and i have paid the October 4 too which i know will reflect soon.

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  • Mark    Oct 9, 2015

    Please i paid for September 27 and it has not reflected as at now

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    • Roy    Oct 9, 2015

      Mark,
      You should know that this space is meant for communication between lenders and borrowers. While lenders are concerned about your difficulties, we do not have the access to help very much. I suggest you send an email to Zidisha at [email protected].

      Having said that, it is my expectation, that because the repayment rate is calculated on the date the funds are received by the bank, not the date that it is processed by Zidisha that delays would not affect the borrowers adversely. (I have asked for confirmation of this in a recent email.) Even so, it still remains an issue for those concerned, because they/we want to identify the errors so they can be corrected in a timely manner.
      We are concerned, and we are working to improve it.

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  • Mark    Oct 3, 2015

    Business has been very slow off late because of the electricity issues in Ghana, and that is what makes me do my payment a bit late now adays, but by Gods grace we are still moving on

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    • Roy    Oct 8, 2015

      Mark...I am sorry to hear of your difficulties...If you are having trouble, you should reschedule the loan.

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  • Mark    Oct 3, 2015

    Goodevening my dear lenders, i welcome you all to the month of October

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  • Mark    Sep 30, 2015

    Goodevening my lenders. God bless you all

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  • Mark    Sep 20, 2015

    please i made my payment but it has not reflected

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  • Mark    Sep 19, 2015

    Dear lenders i want to apologise for late payment because i had a problem with my mtn mobile account. But i have resolved it and i have done the payment

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  • Mark    Sep 5, 2015

    Please i want to change my payment plan because i had to invest all my profit for the new equipment i bought and i wish it will yield profit soon and i can increase my payment.

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  • Mark    Sep 5, 2015

    Dear lenders i want to change my payment plan because i had to invest all my profit for the new equipment i bought and i wish it will yield profit soon and i can increase my payment.

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  • Mark    Sep 1, 2015

    dear lenders, greetings in the name of our Lord Jesus Christ, please i have made my first payment. God bless you all for helping me grow my business.

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  • Mark    Aug 29, 2015

    Goodmorning my dear lenders, this a picture of my new semi-automated analyser and am on track now. God bless you all

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  • Mark    Aug 25, 2015

    Goodevening my faithful lenders, i have finish the arrangement for the new equipment and will be receiving it from the supplier this week and i promise to show you all the pictures.
    God bless you all

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  • Mark    Aug 21, 2015

    Good morning all my lenders, I want to thank you all ones again that I have receive my loan and I will be going for the analyser in no time and I will snap the picture and post it here. God bless you all

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  • Mark    Aug 21, 2015

    Good morning all my lenders, I want to thank you all so much and to bring to your notice that u have receive my loan now. I will be buying the equipment in no time and I will post the picture of the machine on this page
    God bless you all.

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