Buying spoiled equipments

Micheal Adegbiyi

Ile Ife,osun State,nigeria, Nigeria

100% repaid

Entrepreneur

Name

Micheal Adegbiyi

Member since

June 2020

On-time repayments

36 installments  •  42%

About Me

MY NAME IS ADEGBIYI MICHEAL A. I WENT TO Y.N.L.G SCHOOL IN IJALE KETU AND I PROCEEDED MY EDUCATION TO SECONDARY SCHOOL AND ALSO PROCEEDED TO OSUN STATE COLLEGE OF EDUCATION ILESA,OSUN STATE,NIGERIA. AM INTO COMPUTER ND BUSINESS CENTER BUSINESS.

My Business

Am into computer business ,i mean computer business center and repairing.My business is of demand for everybody because everyone needs to know about computer,how to typeset,how to repair and soon. I choose this business because i like it. Atleast, my revenue per week is going to like 40000 to 50000.Its used in many ways,like improving my business,paying school fees and many more.

Loan Proposal

This loan am applying for is to increase my business center business in replacing some system and printers that have spoiled during the lockdown period that we are unable to raise much money at the business center. So.,the money will be used to purchase computer in other to replaced the spoiled one at the office so as to increase our income .

Income Source

Though,this period has brought down some business this time but my business is not affected due to the patronage of customers in my business center. Atleast people normally come for tysetting,photocopy of documents,repair of system and training fees from the computer ;learners.So, to pay back my loan is not a problem for me. and i will pay as at when due. thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$57.50

Date disbursed

Jul 5, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $4.91

Credit risk payment: $3.44

Lenders

M

MaggieK

United States

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