Business of producing palm-kernel oil

Charles Ekwereike

Enugu, Nigeria

100% repaid



Charles Ekwereike


Enugu, Nigeria

On-time repayments

4 weekly installments  •  100%

About Me

My name is Ekwereike Charles Chukwunonso from the south eastern part of Nigeria. I am into agro allied business and farms.
My turn on include: probity, accountability and prudence.
My turn off include: lies, deceit and scam.
I heard about zidisha from a mentor and tutor at an entrepreneurship training I attended, his name is Dr Paul Ugwu. He said that zidisha helps business owners to boost their business and that is the reason why I signed up with zidisha. The high cost of goods is making it difficult for me to cope with the market again and that's why I need a support to find my feet again.

My Business

I deal with cracked palm kernel. I purchase it and then process it into oil which I sell to people in soap industry, vegetable oil production and so on. The chaff called PKC (palm kernel cake) is sold to poultry farmers. Owing to the capacity I do, I make at least #100,000 every month but I really desire to grow my business because of the increase in the cost of cracked kernel. Previously we buy at #18,000 a bag but recently a bag is at #25,000 making my purchasing power to reduce.

Loan Proposal

My business is capital intensive, I would use the money to boost my business in order to make more profits.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Aug 29, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $1.22

Optional expediting fee: $4.89

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