Businesses: palm kernel oil, and mobile money agent
Benedict
Enugu, Nigeria
100% repaid
Entrepreneur
Name
Benedict
Member since
August 2021
On-time repayments
9 installments • 100%
About Me
My name is EDE BENEDICT ONYEDIKACHI I am a dental Technologist by profession, I graduated in the year 2015, did my one year internship program in the year 2020, however due the devastating condition of the country I couldn't get a job up till now, I'v already ventured into some businesses with my own little financial capacity so as to fend myself & take care of my bills & to upgrade my status in Life.
I am a very hard-working young, brilliant & sincere, & in all I am very creative.
Thank you!
My Business
Currently I am into 2 different businesses:
1. Palm kernel oil processing, which involves sourcing of Palm kernel from remote villages, transporting down to the factory & there toasting, crushing and sieving would be carried out to obtain a pure Palm Kernel oil.
Soap making companies & some chemical companies would come to the factory to buy this oil for their usage.
2. The second business I'm running currently is agency banking otherwise known as POS (point of sale) business; This involves rendering certain services such as Cash withdrawals, Cash deposits, Tv & cable subscriptions, Utility bills payment, airtime & data subscriptions, Opening of accounts, etc.
The company I currently work for is called "BAXI" own by Capricorn digital
I'm one of their numerous registered agents.
Loan Proposal
I will use this fund to support & enhance my already established businesses which is not bouyant enough due to lack of adequate funding for the smooth running of the businesses.
It will help me to have enough capital to run my agency banking business more than I'm running it now.
It will also help me to have enough capital to procure more quantities of Palm kernel so as to make more profit in sales of my Palm Kernel oil
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Loan Info
Project Type
Classic Loan
Disbursed amount
$12.00
Date disbursed
Aug 12, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Markham, Canada
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