Business plan

Chidinma

Ilorin, Nigeria

100% repaid

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

If given the loan, it will be uses in buying the raw materials such as the bags of beans and also buying machineries. I intend to focus on establishing a mini factory thag focuses on flour production and also create job opportunities. The business will be successful because a lot of people loves stress free method.

Income Source

I will be able to pay because I have ventured into so many business apart from the food processing that I'm into. I am also into chips production, snacks of all kinds and fries.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$13.00

Date disbursed

Mar 16, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

Ask Chidinma a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...