Expansion of my business to sell polyethylene/nylon

Babatunde Ishola

Ibadan, Nigeria

8% paid forward

Entrepreneur

Name

Babatunde Ishola

Member since

December 2020

On-time repayments

55 installments  •  49%

About Me

I hold Higher National Diploma in Agric. Engineering, I have have worked in a commercial bank as a teller and cash movement officer ,also in FMCG company as a depot manager. I am from Iwo in Osun state Nigeria. We are a family of four.

My Business

I am computer literate and totally sold out to giving the future of the globe a hope by being involved in raising future champions.

Project Proposal

This loan would be used to expand my business with polyethylene packaging bags.

Initially, I sell liquid soaps and izal chemicals and some food stuffs like garri and ponmon.

I want to use this loan to buy polyethylene bags from production factory and sell to retailers in my new area. (I relocated March)

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$193.00

Date disbursed

Jun 17, 2022

Backers

Tavin

Ottawa, Canada

MrMichigander

Marquette, United States

sderickson

Berkeley, CA, United States

Paul

Kasarani, Nairobi, Kenya, Kenya

Jan V

Port Dalhousie, Canada

E

EJOBIV

United States

Lynnette

Nairobi, Kenya

BR

Brian Rickman

United States

GF

Gammon Family

United States

Kelechi

Lagos, Nigeria

Adebayo

Lagos, Nigeria

H

HJ

Switzerland

Hadassah

Cape Coast, Ghana

Frank

Berekum, Ghana

BienesDar

Zaragoza, Spain

Ofori-krah

Ho, Ghana

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  • Babatunde Ishola    Jul 25, 2022

    I am working on sales. This will pick up as soon as possible.

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  • Babatunde Ishola    Jun 29, 2022

    I am still buying the polyethylene and stocking up. I am creating awareness on sales.

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  • Babatunde Ishola    Jun 16, 2022

    With this loan I will buy polyethylene from factory and sell in my neighborhood.

    The loan will help me stock up for sales to retailers and this will help me to financially grow and expand.

    Thank you all for make this project a reality . I appreciate you all.
    Thanks to Zidisha.

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  • Babatunde Ishola    May 30, 2022

    The loan I just completed saved me from being grounded last year 2021.
    Although I could not pay up the loan on time due to economic downtime and surge in prices of things, the loan saved my day.

    I am encouraged to add other things to what I am doing

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  • Babatunde Ishola    May 30, 2022

    The last loan really helped my business. If, not my just growing business would have been totally grounded. The business was stretched because of economic downtime in Nigeria. I could not repay up on time. Just last week I got a little jack up and I see things coming up well.
    I have also added some other things to it. This made me to wish to get loan to be able to sustain the business and keep moving.

    If not for Zidisha, I would have been wrecked.

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  • Babatunde Ishola    Mar 4, 2022

    My business has been down due to relocation. I would pay up

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  • Babatunde Ishola    Dec 18, 2021

    I am not having sales. It's really challenging.

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  • Olaleye    Dec 9, 2021

    Promised to keep adjust her loan a d make the payment

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  • Olaleye    Dec 9, 2021

    He told me that his loan will be adjusted next week to keep up with the repayment

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  • Babatunde Ishola    Dec 5, 2021

    I have a very low sales. Also my chemicals are not really available at the local market.

    I am sourcing for it in other places.
    This will help prevent scarcity of chemicals.

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  • Babatunde Ishola    Nov 15, 2021

    With low sales currently, the adjustment will help me not to default in the weekly instalments.

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  • Babatunde Ishola    Oct 29, 2021

    I had very low sales again. A consistent customer relocated and this really affected my sales

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  • Babatunde Ishola    Oct 15, 2021

    I purchased the liquid soaps and izal chemicals.
    This hell is more than what I used to buy.
    And my earnings have increased appreciably
    I have used the increase to make more production.
    I want to start selling of garri a product of cassava (food stuffs). This is a great achievement for me and my family. Our dream of diversifying is coming to reality.

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  • Babatunde Ishola    Sep 21, 2021

    Rise in price of commodities

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  • Babatunde Ishola    Aug 14, 2021

    Getting chemicals to produce is taking longer due to logistics because of the situation in the country presently.

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  • Babatunde Ishola    Aug 10, 2021

    My customer based have increased. I am producing more liquid soaps and izal. I make more profits now

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  • Babatunde Ishola    Jul 30, 2021

    I received NGN 72,556.
    I will buy soap and izal materials
    Thank you for the opportunity to partake in this loan platform community.

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  • Babatunde Ishola    Jul 28, 2021

    I will buy more chemicals for multipurpose liquid soap and izal.

    I would expand my business with the loan

    I am apply for this.
    Thank you everyone for making this possible.

    Thanks to zidisha.

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  • Makepeace-Boyle Family    Jul 20, 2021

    Eid Mubarak

    Dios es Uno - God is One - لَا إِلَٰهَ إِلَّا ٱللَّٰهُ

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  • Babatunde Ishola    Jul 19, 2021

    The loan has been of great help and boost for my business.
    I have expanded my coverage of supplies and meeting the increasing demand of my products. Zidisha lenders made this possible for me.
    Thank you.

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