Wood processing & small-scale gold mining
Benjamin Olaitan Owolabi
Lagos, Nigeria
100% repaid
Entrepreneur
Name
Benjamin Olaitan Owolabi
Member since
September 2019
On-time repayments
107 installments • 73%
About Me
am benjamin olaitan Owolabi married with four children self employed obtained B..A history and international studies Lagos state University .
My Business
my company was Tab international links limited we are into wood processing construction and small scale mining our business site are in Kwara state for wood processing and Niger state for gold mining we corporate office in Lagos state Nigeria
Loan Proposal
the loan will use to complete hauling payment of apa round lumps wood from bush to loading point owa village at Kwara state .Part will be use for payment deposit of truck that will transport the wood to buyers in ogun state . Also some will be use for payment of government revenue and loader that will load the wood inside truck .
Income Source
the current economic climate did not affected our business . this rain period our woods are on high demand . our buyer are on standby wait for the wood at their factory in ogun state payment are made immediately .our processing are working and we generate income on weekly basis pay back can never be difficult
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,393.75
Date disbursed
Oct 3, 2020
Repayment status
On Time
Projected term
2 months
Cost to entrepreneur
Service fee: $119.04
Credit risk payment:
$59.52
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