Cosmetics

Omolola Odumosu

Lagos, Nigeria

100% repaid

Entrepreneur

Name

Omolola Odumosu

Member since

January 2021

On-time repayments

20 installments  •  55%

About Me

I am Omolola, a graduate in entrepreneurship management. I run an organic and cosmetic store in lagos,Nigeria. I have been in the business for over 5years. I trained from one of the best hands in the industry and still learning as no one is an island if knowledge. I intend going for more training before the end of second quarter 2021

My Business

I own a mini superstore and wish to venture into skincare formution. I wish to expand my store, learn more formulation techniques so as to produce more skin and hair care products. I hope to employ more hands so as to ease productions. Improve on labelling and possibly use imported containers so as to move my brand. I wish to make my products go global

Loan Proposal

I wish to use the loan to purchase some of my formulation and organic products for my own production. A normal soap production produces 15 cups but with more funds more cups will be produced

Income Source

I will advertise more on more social media platforms to make my products known and sell more. I am a member of some microfinance and cooperative organisations who collect daily contributions to save on behalf their members upkeep. With these in place, I will be able to conveniently repay mi outstanding loans promptly even before due date

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$20.90

Date disbursed

Feb 19, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $1.02

Credit risk payment: $3.06

Lenders

Paul Buchheit

Mountain View, United States

Ask Omolola a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Miracle Samuel Oluchukwu    Jul 26, 2021

    She says she is working on a payment plan

    Log in to reply • Share
  • Miracle Samuel Oluchukwu    Jun 23, 2021

    Omolola says she had an accident but will start paying little by little

    Log in to reply • Share
  • Omolola Odumosu    May 27, 2021

    I had an an accident on my way to restock my shop, my right leg was badly affected. Since then I have not been going to the store as often because I need extra support. So sorry for the inconvenience

    Log in to reply • Share
  • Omolola Odumosu    Apr 26, 2021

    God bless all my lenders I received my loan with many thanks. I have purchased pedicure bowls, nail accessories wine for a section of my shop. Thank you so much

    Log in to reply • Share
  • Omolola Odumosu    Apr 20, 2021

    I will increase my wine section with variety of wine, purchase bulk organic ingredients to be able to serve wholesalers.
    Thank you and God God replenish the pockets of my lenders.

    Log in to reply • Share
  • Omolola Odumosu    Apr 20, 2021

    The influx if assorted drinks into the market, made me add sales of assorted wine and liquor to my business

    Log in to reply • Share
  • Omolola Odumosu    Mar 22, 2021

    Thank you zidisha, received 13,000. I have been able to purchase more formulation materials. I am grateful

    Log in to reply • Share
  • Omolola Odumosu    Mar 11, 2021

    13,486 was received. More purchases of organic chemicals

    Log in to reply • Share
  • Omolola Odumosu    Mar 11, 2021

    Thank you my wonderful lenders, this will provide me opportunity to purchase organic chemicals for more productions

    Log in to reply • Share
  • Omolola Odumosu    Mar 10, 2021

    My last loan was indeed very helpful. It increased the purchase chemicals for formulas for productions

    Log in to reply • Share
  • Omolola Odumosu    Feb 27, 2021

    God bless zidisha lenders. Been able to purchase few cosmetic materials for my formulation

    Log in to reply • Share
  • Omolola Odumosu    Feb 14, 2021

    Thank God for zidisha. Very helpful

    Log in to reply • Share
  • Omolola Odumosu    Feb 6, 2021

    4,425 received with many thanks. So grateful for this kind gesture. Replaced sold stock in my store

    Log in to reply • Share


Loading...

Loading...

Loading...