Name
Olumide
Member since
December 2018
On-time repayments
180 installments • 100%
I am a first degree holder of Obafemi Awolowo University Ile - Ife, and currently enrolled for a Master of Business Administration degree of the National Open University of Nigeria. I possess well over 11 years post NYSC business management experience having completed youth service in 2008. I was awarded a commendation letter for outstanding performance on behalf of the Gombe State Government, by my place of primary assignment in 2008. I have attended several Entrepreneurship trainings (both paid and free) including a 5-day YESP training sponsored by the Bank of Industry at the Lagos Business School in 2016. The Nigerian business environment, where I operate, though quite challenging, but at the same time very ineresting. Of the numerous challenges Entrepreneurs are facing in Nigeria, accessing affordable funding for business scaling and expansion stands out.
We are in the business of retailing cooking gas to both domestic as well as industrial users in our community. We also trade cooking gas cylinders and accessories. We hope to diversify into repairs and servicing of faulty gas stoves as well as training youths on refilling operations as well as repairs and servicing to empower the teeming unemployed youths in our community. The business currently operate from the ancient town of Badagry, Lagos State of Nigeria.
This new loan will enable us meet up with increasing customer demand for our products, while at the same time empower us to negotiate for further discounts with our major suppliers
Jan 24, 2021: Gas plaza video
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$400.00
Date disbursed
May 12, 2019
Repayment status
On Time
Projected term
2 months
Other loans
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Margaret Oct 1, 2019
Michael Thurm Jul 1, 2019
Anonymous Feb 20, 2019
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