Business expansion

Pius

Portharcourt, Nigeria

100% repaid

Entrepreneur

Name

Pius

Member since

December 2018

On-time repayments

25 installments  •  48%

About Me

My name is Pius Ugbogu. I hail from Itu -Mgdala in Umuahia south Local Government Area of Abia State,Nigeria. I was born into the family of Mr & late Mrs Jude Ugbogu. I graduated as a Public Administrator in the University Of Benin,Benin City.After my graduation,getting a job wasn't easy so i had to go into farming.I plant and harvest different types of crops ranging from cassava,corn,okro,yam,and sell to the end users.This is the business I do, and I hope to expand the business to incorporate poultry birds and employ more man power and enlarge farmland to two hectares because for now I am using one plot of land for the farming business.Frankly, this business hasn't been easy for me in terms of finance as i have been the only one managing it without a supporter or partner.I make $50 or more a week as sales excluding profit.By the grace of God,I am a determined and hardworking man,and success is my goal.My philosophy is that:"DETERMINATION IS SUCCESS "

My Business

My business is Farming. And i make $50 or more a week depending on the flow of business as sales excluding profit.It is a business that requires enough capital to execute. It also requires more manpower.For now,we have 3 workers on board.Hopefully, on or before the end of the month of June,we will increase manpower.

Loan Proposal

Hope to use the loan to enlarge farming production.employ more workers and buy more feeds for the birds.Hope to equally use loan to build more poultry houses

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Jun 15, 2019

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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