Financing my provisions store

Diamond Nwokolo

Lagos, Nigeria

100% repaid

Entrepreneur

Name

Diamond Nwokolo

Member since

April 2021

On-time repayments

4 installments  •  25%

About Me

My name is diamond ifeoma Nwokolo,i was born on 22 of April 2002.Im from oba in idemili south LGA of anambra state.im the first daughter and child.I run a small super market,im a christian,and a devoted child of God,

My Business

I run a small provision store which ive been running since 2017,i started it with 10,000,and in my little space in front of our house,now we've moved to a store,and we're getting other items for sale.Ive always loved being an entrepreneur,a business owner, and thats why when the opportunity to get into the provision business presented itself i readily jumped at it,and so far business has been great

Loan Proposal

I run a provision store,here in lagos,with this loan i intend to stock up my store,buy different products to create a sense of diversification,for example in the hair food department there are lots of products for hair,now in as much as i cant get all,i atleast im supposed to get the leading ones, which are more than 20 brands,this also applies to other products,beverages etc.With this loan i can add it to what I already have and go for diverse products.

Income Source

The supermarket or provision store,is a necessity. Its our everyday saviour,as long as we need to buy things we need.The business thrives in any economic climate,as long as im able to stock my shelves with the necessaries.customers will come in to buy,and since I buy directly from importers,ill be able to make profit and pay off any loan.

My Videos

Apr 30, 2021: Diamond video

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$62.44

Date disbursed

Apr 23, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $3.05

Credit risk payment: $7.92

Optional expediting fee: $9.14

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