Entrepreneur
Name
Omolola
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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Feb 19, 2021
Repayment status
On Time
Projected term
4 weeks
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