Expanding operational efficiency of livestock business

Giwa

Ilorin, Nigeria

47% repaid

Entrepreneur

Name

Giwa

Member since

June 2020

On-time repayments

53 installments  •  64%

About Me

My name is Giwa omotolani s,I am a founder, the team lead of Abattoir ".I am a graduate of microbiology with a rebaked course in credit administration and business management. I also possess a proficiency certificate in human resource management and business analysis.
Having worked with a number of individuals and private-public organizations, I somedup creating a brand with unique identity.
Abattoir is a complete frozen foods hub with the latest and classic touch. we deals with sales ,service and consultation of poultry's, beef,fishes,eggs ,ice lasting, etc.
We are the sole supplier of " item 7" arguably the giant of fast foods delivery service in Kwara state,the most valuable founder of 2018, the young innovative entrepreneur runners up 2019,etc. Our brand has now become the Street anthem along the leading frozen foods in Ilorin and its environs.

My Business

Abattoir is frozen foods hub that deals with sales and supply services of all domestic animal products. With our Penetration ratio in the total available markets; having about 70,000 mouths to feed daily as our service obtainable market sales while the total service available market is about 500,000 daily patronage.
On each of the 70,000 buying customers and making #478.50k(approx 1dollars) multiply by 70,000.

Loan Proposal

We need to buy animals for supply and increase our profitability as demands are gradually rising with more capital to invest we would meet our obligations and enhance our operational efficiency.

Income Source

As the economy is gradually recovery, our customers buying power has improve and we forecast continuous improvement to boost our business profitability and rewarded our dedication to remain operational during the covid crisis. We see more opportunities as Ramadan season is close for our Muslim brothers and sisters.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$166.00

Date disbursed

May 11, 2021

Repayment status

Late

Projected term

5 months

Lenders

Dipsius

London, United Kingdom

Z

zvrk2014

Brookline, MA, United States

O

osubucks45

United States

SV

sven vdk

Twickenham, United Kingdom

S

Staf

Humbeek, Belgium

SA

Shar Alamdari

Los Angeles, United States

Vratik Krocik

Prague, Czech Republic

Paul Buchheit

Mountain View, United States

CE

Christopher Engleright

Stafford, United States

Yosef

United States

Babbitt Family Foundation

Reno, United States

W

Wim

Deventer, Netherlands

MH

Martin Hammick

United Kingdom

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  • Giwa    Nov 19, 2021

    Financial difficulty

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  • Giwa    Oct 1, 2021

    Cash liquidity

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  • Giwa    Sep 17, 2021

    Fund issue

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  • Joseph    Sep 1, 2021

    On several occasion I have tried calling but he refuses to pick. I eventually got a hold of Mr. Giwa Omotolani today 1 September, 2021 at about 8:10am, I told him about the loan he collected and tried to enquire why he has not been meeting the weekly repayment, he insulted me calling me different names, telling me "God should punish me", he also said he did not collect any loan and I should stop disturbing him or anyone else.

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  • Giwa    Aug 30, 2021

    Financial issue

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    • Joseph    Sep 1, 2021

      Tried calling you today to help you because I am a Volunteer Mentor but they way you answered was not professional.

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  • Giwa    Aug 20, 2021

    Slow business

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  • Giwa    Aug 11, 2021

    Fund

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  • Giwa    Aug 7, 2021

    Fund availability

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  • Giwa    Jul 16, 2021

    Funds

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  • Giwa    Jul 11, 2021

    We are improving operations to expand of profitability

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  • Giwa    Jul 2, 2021

    Financial constraint

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  • Giwa    Jun 20, 2021

    Fund availability

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  • Giwa    May 29, 2021

    Investment not yet ripe to reward

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  • Giwa    May 11, 2021

    I would invest in feeds and expansion of sales outlets to boost productivity.
    Thank you for the privilege

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  • Giwa    May 9, 2021

    As economy is gradually reopening, people buying power is also improving. We need to invest to ensure we maximize the potential of increasing out profitability.

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  • Giwa    Apr 24, 2021

    Fund constraint

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  • Giwa    Apr 3, 2021

    We are doing good as we maintained our community development strife.

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  • Giwa    Mar 14, 2021

    Due to lack of fund

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  • Giwa    Mar 7, 2021

    We are gradually improving our base by expansion and growing customers patronage. We employed youth from the community and we train them in the art of abattoir management.
    Thank you for the privilege.

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  • Giwa    Feb 21, 2021

    Business patronage has being slow but we are improving as we engage more youth in the community where we operate

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