Crop production expansion loan

Samson Olufemi

Ibadan, Nigeria

100% repaid

Entrepreneur

Name

Samson Olufemi

Location

Ibadan, Nigeria

On-time repayments

49 weekly installments  •  49%

About Me

I am Olufemi Samson, I am a supplier of Agro-commodities for export from Nigeria.
I need money to gradually expand my business and to also raise it to direct export myself.

My Business

Agro-commodities are different Agricultural products that are worthy of export from Nigeria according to Nigeria Customs Service. I major on soyabean, dried maize, Shea nuts and butter, hardwood charcoal and koso wood. All for export.

Loan Proposal

Good day, I need this loan to further expand my business to cushion the effect of the present pandemic, and now that we have little unrestricted movement to the market. I promise to use it judiciously to profit. Thanks

Income Source

I am into vegetable production which falls into daily essentials that people can't do without. I will take my vegetables to my clients and I will get my money to be paid.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$152.16

Date disbursed

Jun 20, 2020

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: 10% of $152.16 = $12.92

Credit risk payment: $16.80

Lenders

Jason

Auckland, New Zealand

T

tophini

Alma, United States

Vratik Krocik

Prague, Czech Republic

J

Jacob

Netherlands

Babbitt Family Foundation

Sioux Falls, SD, United States

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