Buying foodstuffs to resell
Ilojeme Nneka
Porthacourt, Nigeria
100% repaid
Entrepreneur
Name
Ilojeme Nneka
Member since
April 2021
On-time repayments
17 installments • 29%
About Me
My name is ilojeme nneka success, I'm from Umunze in Anambra state Nigeria.im a single mother of two beautiful children.After the death of my husband I decided to go into business, with the little I could gather from sales of my cloths and little properties.ive been in business for more than 8 years now.
My Business
I buy and sell foodstuffs,like rice, beans, yams etc.i buy from the North at cheaper rate,and bring here to portharcourt where I sell and make profit.Because I bring directly from the north,I'm able to sell to both retailers and consumers at my own price,thereby regulating the market price.I have a large client base,and that's why I have stocks coming in from the north on a daily basis.I make a very good profit and so far business is booming.
Loan Proposal
With this new loan,i intend to branch out into spices.Because sale of foodstuffs is not complete without spices,and there are so many spices in the market.With this loan,i intend to order for spices,for stew,soup,meat, fish, etc... Different types,to meet the growing demand for spices.So while i sell foodstuffs like rice,beans and others,ill also have spices,different types,to go with it.
Income Source
Foodstuff business is very lucrative. And its an everyday,every minute sale.Seeing as everybody has to eat,adding the spices will also attract customers to my shop because ill go for the very best and most sort after.With the introduction of my spices branch,more customers will be attracted,which means more sales and more profit, so ill pay back the loan immediately.
My Videos
Apr 14, 2021: Ilojeme success nneka video
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Loan Info
Project Type
Classic Loan
Disbursed amount
$117.00
Date disbursed
Apr 15, 2021
Repayment status
On Time
Projected term
3 weeks
Other loans
Lenders
Washington DC, United States
United States
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