Omolola Odumosu

Lagos, Nigeria

100% repaid



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





Loan Info

Project Type

Classic Loan

Disbursed amount


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


Paul Buchheit

Mountain View, United States

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Amount repaid


Amount remaining


Date repaid

Mar 10, 2021


Fully repaid

Repayment History

Expected Payments Actual Payments
Feb 27, 2021 $5.22 Feb 27, 2021 $5.22
Mar 6, 2021 $5.22 Mar 6, 2021 $5.22
Mar 13, 2021 $5.22 Mar 10, 2021 $5.22
Mar 20, 2021 $5.22 Mar 10, 2021 $5.22