Business development

Michael

Lagos, Nigeria

44% paid forward

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How it Works

Entrepreneur

Name

Michael

Member since

February 2019

On-time repayments

62 installments • 65%

About Me

I am Michael Adeolu Akintunde from Ayetoro, Yewa-north LGA of Ogun state, Nigeria. Was from a family a bit below the average. I had my primary school education and junior school education from my place of birth and concluded my senior school in Lagos. Had my NCE at Federal College of education, Abeokuta and a final year Economics student at National Open University of Nigeria.

I was left to be on my own after my NCE as the first child to focus on my siblings. I got back to Lagos and got a job whose pay is not enough to fend for my expenditure and school degree program. I was part of those relieved in May 2018 because the management couldn't pay salary.

After been jobless for over half a year, I joined driving with Uber which had been a big support and relieve for my finance and education.

I make a total revenue of 90k to 100k weekly. After paying for the car, cost of fueling and other expenditure, I am left with 25k to 35k weekly. I hope to get my own car soon so I can make more money to execute other business I have in mind.

My profits go into savings of a cooperative society that borrows her members double of their savings for whatever projects. Others go into savings for my house rent, school fee and support of my siblings in higher institutions.

My Business

I drive with Bolt (Taxify) and Uber. It's an online E-hailing business where riders request for a ride online and drivers online pick them up to their destination for a fee based on the distance and time.

Also a farmer. I have acres of land in my hometown where I grow maize and cassava.

Project Proposal

The aim of this proposal is just to keep growing and developing the business. The previous funds was used for this same purpose and we’re glad that it yield the preset objectives. We would not like to remain in the same space. The funds will be used to get more equipment and tools for the business. The aim is to grow to a point where we begin to have other locations to take our services right to the faces of where we are having more demands.