Business loan for farming rice

Chidinma

Ilorin, Nigeria

Funds disbursed

$0 to go

100% funded of $487 goal

0

days left

Entrepreneur

Name

Chidinma

Member since

February 2021

On-time repayments

9 installments  •  56%

About Me

I am a graduate. During my service year, I started a mini food processing business in beans flour and soyabeans powder. It hasn't been easy that's why I seek to apply for a good loan to support the business in order to buy the necessary machineries to make production fast.

My Business

The food processing business that involves the production of beans flour and soyabeans powder. The business as stated above started last year during the Covid-19 which has really affected the price and cost of production. Also, producing in a local way has not really been easy. We need to buy machines.

Loan Proposal

This loan will be used to expand my business. The loan will also be used to grow my rice farm and also my catering business

Income Source

I pay all my loan ever since I have been using zidisha. I have a rice farm. I also have various businesses. I also have a catering business

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$487.00

Date disbursed

Apr 28, 2021

Repayment status

Late

Projected term

4 weeks

Lenders

C

chrisherron

Chicago, United States

Carlo Cruz

Cincinnati, OH, United States

H

Heather

United States

CN

Craig Newmark

United States

A

Anonymous

United States

E

Emmanuel

United States

Olly Ishmael

Aberystwyth, United Kingdom

KM

Kristan M

Kenmore, United States

J

JackieBear

Grantsville, United States

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Summary

Amount repaid

$0.00

Amount remaining

$473.29

Expected completion

Jun 1, 2021

Status

Repaying late

Installment amount

$118.32

Repayment History

Expected Payments Actual Payments
May 11, 2021 $118.32
May 18, 2021 $118.32
May 25, 2021 $118.32
Jun 1, 2021 $118.32

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