Buying waste materials to recycle

Ademola Adegbiyi

Ilaro, Nigeria

100% repaid

Entrepreneur

Name

Ademola Adegbiyi

Member since

March 2020

On-time repayments

104 installments  •  36%

About Me

MY NAME IS ADEGBIYI ADEMOLA ,AM GREW UP IN ILARO,OGUN STATE NIGERIA. I WENT TO PRIMARY SCHOOL,FROM THERE ,I PROCEEDED TO SECONDARY SCHOOL AND AFTER THAT ,I WENT OYO STATE TEACHERS COLLEGE WHERE I STUDIED MATHEMATICS. I OVERCOME HARDSHIP ,WHEN I STARTED RECYCLING BUSINESS IN 2015 UPTO THIS TIME IN WHICH THROUGH IT I HAVE BUILT MY HOUSE AND EVEN I BUILD A SCHOOL. THAT BRINGS MORE PROFITS FOR ME.

My Business

Recycling and School businesses are the God answered business for me now, because it gives me and my family three meal per day,and also serves as source of good income for me. Am also praying to add another sector of recycling business and even have a sector like buying and selling of wasted iron and thin. And even my school to move to a promise land by establish secondary school.I dreamt to achieve that very soon ,if i receive higher loan limit from zidisha.

Loan Proposal

As a business man that is dealing with reclining business, I want to use the loan to buy more materials to increase my supply to the recycled companies that am selling my materials for. So, through this ,I will be able to get more profit to pay back my loan in time.

Income Source

Truly many business may be affected due the condition of the country now, but it has no effect on my own business because when I supply now ,they will pay my money. Apart from that,my school is there to pay back my loan when its due for payment.

My Videos

Mar 12, 2021: Video picture of davhellen pupils and proprietor

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$643.45

Date disbursed

Mar 13, 2021

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $31.41

Credit risk payment: $125.64

Optional expediting fee: $62.82

Lenders

Jeff and Marcie

Portland, OR, United States

Jouni

Finland

A

AndrewC

London, United Kingdom

Robert

Sweden

L

Lucy

Australia

Paul Buchheit

Mountain View, United States

Cari Donaldson

United States

DO

Denis Ontiveros

Guildford, United Kingdom

C

Camm

Australia

Babbitt Family Foundation

Sioux Falls, SD, United States

AD

Aleksey Delunas

Engomi, Cyprus

RA

Ray and Abram

Melbourne, Australia

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