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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$275.00

Date disbursed

May 7, 2019

Repayment status

Late

Projected term

3 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$34.41

Amount remaining

$240.86

Expected completion

Sep 6, 2019

Status

Repaying late

Installment amount

$17.01

Repayment History

Expected Payments Actual Payments
May 17, 2019 $34.41 May 21, 2019 $34.41
May 24, 2019 $0.00
May 31, 2019 $0.00
Jun 7, 2019 $0.00
Jun 14, 2019 $0.00
Jun 21, 2019 $0.00
Jun 28, 2019 $0.00
Jul 5, 2019 $17.01
Jul 12, 2019 $17.01
Jul 19, 2019 $17.01
Jul 26, 2019 $17.01
Aug 2, 2019 $17.01
Aug 9, 2019 $34.41
Aug 16, 2019 $34.41
Aug 23, 2019 $34.41
Aug 30, 2019 $34.41
Sep 6, 2019 $18.18

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