Buying of rice in bags

Iloghalum Victoria A

Lasu Gate, Nigeria

Funds disbursed

$0 to go

100% funded of $137 goal

0

days left

Entrepreneur

Name

Iloghalum Victoria A

Location

Lasu Gate, Nigeria

On-time repayments

6 weekly installments  •  33%

About Me

I am Mrs Victoria iloghalum a by name, a native of Anambra state Nigeria
I am a full time business woman who deal in supply of rice
I am a truthful and God-fearing woman who Is only passionate about her business

My Business

I am a full time business woman
I deal in sales of rice, I buy rice in bags from Benin-Republic at cheaper rates and then come down to Nigeria where I supply to market women at a fixed price
This is my business

Loan Proposal

With this new loan ill go for even more bags of rice,ill even add few bags of beans to it,because i have customers who also would like beans,but i wasnt able to get it before cos of my capital.But now I'll be able to add a few,customers will be delighted in this diversification,and itll boost sales and also increase my profit,and attract more customers.

Income Source

When I get more bags of rice and beans,customers will flock to my shop to patronize me,because now i have them in bulk, and because i got them in bulk i can afford to reduce my price justa little to attract more customers and yet be making much profit, with this profit I can be able to pay back this loan.

My Videos

Apr 4, 2021: About myself

Feedback

None

None

None

Lenders

Babbitt Family Foundation

Sioux Falls, SD,  United States

JonB

London,  United Kingdom

D

Dalton

San Francisco,  United States

A

Anonymous

United States

Loan Info

Disbursed amount

$137.38

Date disbursed

Apr 17, 2021

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $137.38 = $6.67

Credit risk payment: $17.34

Optional expediting fee: $13.34

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