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
If given the loan, it will be uses in buying the raw materials such as the bags of beans and also buying machineries. I intend to focus on establishing a mini factory thag focuses on flour production and also create job opportunities. The business will be successful because a lot of people loves stress free method.
Income Source
I will be able to pay because I have ventured into so many business apart from the food processing that I'm into. I am also into chips production, snacks of all kinds and fries.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Mar 16, 2021
Repayment status
On Time
Projected term
1 week
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