Name
Oluwaseun
Member since
March 2019
On-time repayments
108 installments • 69%
I am Oluwaseun Oluloro, a recent graduate from a Nigerian university.
Since I rounded up with the National Service (NYSC),
I was not able to make enough profit for the phone charging business. Though I got a new government job but the salary is not sustainable.
I have always have interest in product manufacturing.
Now, I will like to carry out some product formulation on transparent soap, no lye hair relaxer and shampoo to test run them for sale.
I will pick the cheapest product that I can also sell at affordable price so, I can easily recoup my profit.
My marketing strategy is to advertise online, sell at bus stops, streets and other densely populated areas.
Thank you.
I intended to use the loan to buy cheap chiffon shirts and jackets for sales from Benin Republic. I have some clothes in stock but I want to add more clothes to the stock.
I will sell those clothes to make more profit.
I will sell them in the market close to me, in some offices and list them online for interested buyers.
Some Nigerians preferred to buy the used clothes because in most cases it's cheaper and also of a good quality.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$70.00
Date disbursed
Jun 14, 2019
Repayment status
On Time
Projected term
6 months
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