Expand my farmland to cultivate cashews

Oluwatobi Oyedare

Ilorin, Nigeria

100% repaid



Oluwatobi Oyedare


Ilorin, Nigeria

On-time repayments

44 weekly installments  •  68%

About Me

My name is Oyedare Oluwatobi kola, am from Nigeria. I am into agrochemical business and farming. I am married. I am a graduate of agronomy, I finished from Lautech, and also my MSc from university of Ilorin. Trustworthy and serious minded fellow. I cannot use my work to play. A trial with me will convince you

My Business

Agrochemical business, selling of farm sprayers, chemicals and insecticides for controlling weeds.
I also have a farm of my own. I am into planting of maize, cassava and yam minisett production for small scale farmers.

Loan Proposal

Application for Loan to expand my farm land
Dear Sir/Ma,
I would like to request you if you could please grant me a loan of #500,000.00k as a business loan as I need to expand my farm land. I am in need of a new new land in other to be able to venture into planting of cashew trees. I do not have that amount of money in hand at the moment, hence, I was hoping if you could help me by lending me the money.
As you are aware that I have been with the Loan company for the past 3 years and have proven myself to be a loyal and dedicated customer under your financial institution, hence I believe you would consider me worthy of the loan.
As per the financial institution loan policy, you can suggest a repayment plan for me as per your discretion to be paid monthly.
Thanking you in advance and hoping to hearing from you soon.
Kind regards,
Oyedare Oluwatobi Kola.

Income Source

I will repay back the loan through selling of my goods online. I will make use of the online method in advertising of my farm produce. I will also make use of online payment for selling to my customers. Thank you so much for the good work you are doing.





Loan Info

Project Type

Classic Loan

Disbursed amount


Date disbursed

Jun 17, 2020

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $2.89

Credit risk payment: $3.18

Optional expediting fee: $4.33



Auckland, New Zealand

Paul Buchheit

Mountain View, United States

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