Expansion project

Babatunde

Ibadan, Nigeria

100% repaid

Entrepreneur

Name

Babatunde

Member since

December 2019

On-time repayments

44 installments  •  52%

About Me

I am Babatunde Omirin. Born in Lagos over 45years ago. I graduated with a bachelor degree in pure and applied physics. I did a thesis on Solar Energy while in school. I am creatively endowed and have passion for service.

My Business

I'm an entrepreneur. I am into Printing and publishing and food business. Asides all the above, I possess skills that earn me revenue periodically ie graphic designs.

Loan Proposal

The loan is going to be added to existing funds to purchase raw food stuffs like hybrid corn and unripe plantain for processing into edible snacks. There is need to make a bulk purchase in order to increase the overhead.

Income Source

The money will be earned by reinventing our market strategies. This will be achieved by adopting wholesale supplies, point of sale retail units and location or home deliveries.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Jan 22, 2021

Repayment status

On Time

Projected term

5 weeks

Lenders

Babbitt Family Foundation

Reno, United States

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  • Joseph    Sep 1, 2021

    I tried calling Babatunde Omirin but was not successful, I called his reference to talk to him.

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  • Babatunde    Aug 22, 2021

    there had been a sharp decline in business income and rise in prices of consumables and commodities due to inflation.

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    • Joseph    Sep 1, 2021

      Try making use of the payment adjustment feature available on your dashboard to reduce weekly payment to something you can easily afford.

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  • Babatunde    Aug 22, 2021

    There had been a sharp drop in business income while the prices of consumables and commodities kept rising due to inflation.

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  • Olaleye    Jul 17, 2021

    He let me know that he have adjusted is payment and will pay it

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  • Babatunde    Jul 16, 2021

    The new adjustment is necessary for me to be able to cope with my current financial downturn as a result of low sales and unstable market. If the situation improves asap I'll pay off the loan at once irrespective of the new adjustment. Thanks for the understanding.

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  • Babatunde    Jun 24, 2021

    I needed to do this change in instalments because of sudden unexpected downturn on business and services in recent times.
    This will enable me to adjust accordingly In the next few weeks until things are back to normal

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  • Babatunde    May 31, 2021

    Thank you so much for this opportunity given me. I will be able to pay for training and workshop so as to increase my stream of income.

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  • Babatunde    May 31, 2021

    I sincerely offer my gratitude to the lenders. The just completed loan have helped to make cash available for urgent pressing needs and this has brought progress to the project at hand at the period. Thanks once again.

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  • Babatunde    May 11, 2021

    I want to say thank you to you all for this opportunity of funding extended to me. I'm going to be buying Pop corn machine by adding more funds to what I got here. This will take my business to another pedestal. Thank you.

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  • Babatunde    May 10, 2021

    The just completed loan has helped my business to survive the current hash economic realities. My access to cash through through this loan made that possible.

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  • Babatunde    Apr 4, 2021

    I want to say thank you to Laurie, Boost and Anne.
    This Loan will allow me to pay for the tuition of my training. The training is ongoing, and I am happy that I would be able to join the entreprenureal training.

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  • Babatunde    Mar 16, 2021

    The just completed loan has helped to sustain and increase the capacity of the business because of increase in purchase of production materials.

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  • Babatunde    Mar 3, 2021

    I want to use this medium to appreciate zidisha platform for the loan of N13,811.00. This has in no doubt helped in pushing my business forward by prompt purchase of processing materials for our food business. Thank you once again.

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  • Babatunde    Jan 21, 2021

    This loan will enable me to purchase some materials in furtherance of my business expansion plan. Thank you so much Babbit Family Foundation.

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  • Babatunde    Sep 5, 2020

    Zidisha loan have helped my business in the time of emergencies to seize business opportunities. The last loan gave me an opportunity to acquire some instrument before the pandemic.

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  • Babatunde    May 26, 2020

    My business was flattened due to interstate lockdown and corfew. My income has reduced drastically. I lost my Android phone also during the struggle. This cuts me off totally from online contacts and dealings. I'm ready to start paying back my loan in bits. Thanks

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  • Babatunde    Feb 29, 2020

    My last loan has helped in pushing my business activities forward with significant results. I was able to meet the projected target.

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  • Octavian Cuibus    Jan 22, 2020

    Can you please tell me more about your business in Solar Energy ? What are you doing in that field ?

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    • Babatunde    Jan 22, 2020

      Good day,
      I want to seize this medium to express gratitude to you for your lending a hand to humanity especially your support of Zidisha project in which I am a beneficiary.
      My passion for solar energy dates back to my school days when I conducted a minor research on photovoltaic systems as my thesis. I also studied the production process of silicon cells which makes up solar modules and makes up solar panels. Ever since that time I've attended further trainings on installation services for homes. Right now I do domestic Solar panel installation for homes. The problem here is that an average family cannot afford the cost of purchase and installation of the system. Now, My main goal is to establish a solar panel production plant to ease the electricity problem of Nigeria by making electricity available and affordable for homes. I seek further training opportunities and partnering in solar panel production. Its sure going to be a landmark project.

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  • Babatunde    Jan 21, 2020

    The just completed loan allowed me to seize a business opportunity. I'm applying for another another one to push for progress of the business. Thanks to Zidisha.

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  • Babatunde    Dec 23, 2019

    The loan of N1,417 was received by me from Zidisha. I want to say thank you.

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