A loan of $700 helped pharmacy expansion and buy stock of drugs.


Patrick's story

Patrick O. is a 36-year-old husband and father of three school-aged children. He lives in one of the slums of Kisumu, Kenya, and runs the longest-standing community pharmacy in his area. He received his certificate for the pharmacy training after finishing secondary school in 1993 and has since been working from this location. Considering his 14 years of good work, the community knows him personally. Patrick has also trained as a community health worker and has been providing home-based care services for people living with HIV/AIDS for the past four years. He sells his drugs at affordable prices due to financial status of the community he serves. His highest selling products are painkillers, antimalarials, family planning drugs, allergy medications, those treating ulcers, worms, and skin infections, and various syrups for children treating malaria and upper respiratory infections. His vast knowledge and experience, positive attitude, and kindness have earned him a good reputation within his community. His well-established business has been quite successful due to his loyal and wide client base. Patrick requires an additional US $700 to further expand his community pharmacy, purchase drug stocks in bulk and also pay for rent.



Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.



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