Purchase of agricultural product (garri)
Simeon
Lagos , Nigeria
13% repaid
Entrepreneur
Name
Simeon
Member since
February 2019
On-time repayments
26 installments • 38%
About Me
my name is Simeon Agboola and number two in a family of six I attended my basic school and further to the tertiary. I grow up with my father business of buying and selling of provisions. he thought my howto manage any little resources I can ladybug hand on. after my school I got employment in a maritime sector but due to the nature of our environment I got fired for no reason. this now propel me to start my own business of haulage all alone.
My Business
my business entails moving of agricultural products from one market to another or to the final consumer it depends. I also engaged in the retails too. I got money from my younger sister to obtain the small bus I star with before gathering my self to obtain another one and now another. I realized almost 50000 naira per week. from it I save for mentainace and feeding of my three children Isaac, Isabel and Israel. they are of 9,7,3 years of age.
Loan Proposal
I will use the money to purchase garri cassava flour for retail purposes and use the remaining part of the loan to service my bus for business and customer delivery.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$275.00
Date disbursed
May 7, 2019
Repayment status
Late
Projected term
3 months
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