Entrepreneur
Name
Divine
Member since
April 2021
On-time repayments
9 installments • 11%
About Me
My name ia Divine Ebube iloghalum,im a native of nachi in udi LGA of Enugu state,in the east of Nigeria.Im the 3rd child,i have 3 siblings.My father is late,but my mum is with us.After my father's death,for lack of finance i had to dropout of school and started doing odd jobs in other to raise money to start up a business.And i thank God,i was able to save up,and start up this sachet water and bottle water business.
My Business
The sachet water and bottle water business is a great business here in Nigeria,because everybody needs to drink water.Though im not a manufacturer,though i hope to be someday,i buy directly from manufacturers in quantity who give me at a discount because im a distributor, i in turn sell to retailers and consumers.Its a very profitable venture,it has no season, no on peak or off peak, its just steady sales.my shop is situated at a very good location,in a bus terminal,so im able to supply to hawkers,retailers,and direct consumers.
Loan Proposal
With this loan i hope to increase my purchasing power, from 200 bags to 400 bags of sachet water from the manufacturers,and atleast 100 cases of bottle water.The more i buy,the more i get discounts,itll enable me get more profit and retain my customers.
Income Source
Water is an essential commodity,so whether bottle or sachet,there"ll always be sales,it has no season,especially here in lagos,so sales is guaranteed, therefore as long as im selling ill be making profit, which means ill be able to pay back the loan.
My Videos
May 15, 2021: Divine ebube iloghalum's video
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$62.00
Date disbursed
May 4, 2021
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Ask Divine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Jesus Figueres May 14, 2021
Loading...