Business loan for farming rice
Chidinma
Ilorin, Nigeria
$0 to go
100% funded of $487 goal
0
days left
Entrepreneur
Name
Chidinma
Member since
February 2021
On-time repayments
9 installments • 56%
About Me
I am a graduate. During my service year, I started a mini food processing business in beans flour and soyabeans powder. It hasn't been easy that's why I seek to apply for a good loan to support the business in order to buy the necessary machineries to make production fast.
My Business
The food processing business that involves the production of beans flour and soyabeans powder. The business as stated above started last year during the Covid-19 which has really affected the price and cost of production. Also, producing in a local way has not really been easy. We need to buy machines.
Loan Proposal
This loan will be used to expand my business. The loan will also be used to grow my rice farm and also my catering business
Income Source
I pay all my loan ever since I have been using zidisha. I have a rice farm. I also have various businesses. I also have a catering business
Feedback
Positive
None
Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$487.00
Date disbursed
Apr 28, 2021
Repayment status
Late
Projected term
4 weeks
Other loans
Lenders
Chicago, United States
United States
Grantsville, United States
Summary
Amount repaid
$0.00
Amount remaining
$473.29
Expected completion
Jun 1, 2021
Status
Repaying late
Installment amount
$118.32
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 11, 2021 | $118.32 | ||
| May 18, 2021 | $118.32 | ||
| May 25, 2021 | $118.32 | ||
| Jun 1, 2021 | $118.32 | ||
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