Business expansion

Pius

Portharcourt, Nigeria

100% repaid

Entrepreneur

Name

Pius

Member since

December 2018

On-time repayments

25 installments  •  48%

About Me

My name is Pius Ugbogu. I hail from Itu -Mgdala in Umuahia south Local Government Area of Abia State,Nigeria. I was born into the family of Mr & late Mrs Jude Ugbogu. I graduated as a Public Administrator in the University Of Benin,Benin City.After my graduation,getting a job wasn't easy so i had to go into farming.I plant and harvest different types of crops ranging from cassava,corn,okro,yam,and sell to the end users.This is the business I do, and I hope to expand the business to incorporate poultry birds and employ more man power and enlarge farmland to two hectares because for now I am using one plot of land for the farming business.Frankly, this business hasn't been easy for me in terms of finance as i have been the only one managing it without a supporter or partner.I make $50 or more a week as sales excluding profit.By the grace of God,I am a determined and hardworking man,and success is my goal.My philosophy is that:"DETERMINATION IS SUCCESS "

My Business

My business is Farming. And i make $50 or more a week depending on the flow of business as sales excluding profit.It is a business that requires enough capital to execute. It also requires more manpower.For now,we have 3 workers on board.Hopefully, on or before the end of the month of June,we will increase manpower.

Loan Proposal

I will use the loan to buy more farm implement

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$2.00

Date disbursed

May 17, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$2.98

Amount remaining

$0.00

Date repaid

May 31, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 25, 2019 $0.99 May 31, 2019 $0.99
Jun 1, 2019 $0.99 May 31, 2019 $0.99
Jun 8, 2019 $0.99 May 31, 2019 $0.99

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