Food stuff business

Awa Iroha

Aba, Nigeria

100% repaid

Entrepreneur

Name

Awa Iroha

Location

Aba, Nigeria

On-time repayments

77 weekly installments  •  57%

About Me

Born in a peasant family but grew up as a disciplined and committed person.
I am focused and ambitious within the ambit of the law and business ethics.
I am energetic and enjoy good health.
I work harmoniously with my colleagues both below and above me with minimal supervision. My integrity eloquently speaks for me wherever I am found and I respect all legit agreements of engagement.

My Business

I am employed as a public servant in a State-owned Polytechnic, Abia State Polytechnic, Aba.
Unfortunately, the staff are being owed over 15 months salary, hence my resolve to explore an alternative source of income.
My business is foodstuffs retailing.
Despite the serious adverse effect of the COVID 19 Pandemic on the business, I am determined to forge ahead.

Loan Proposal

I will deploy the loan to the purchase of staple foods like rice, beans and groundnuts. This category of food item stands for longer storage and in everyday menu.
I intend to buy in sacs and sell in smaller measures.

Income Source

One of the few few businesses thriving in my city is the food business whether raw or prepared.
Despite the hardship being experienced by the majority of the people, food is still being sought for by everybody.
Actually, there may be the challenge of credit sales as many households may not cash for immediate payment.
Head or tail, the trade should be able to fund itself at a profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$392.19

Date disbursed

May 25, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $33.31

Credit risk payment: $63.29

Lenders

dlpringle

Denver, United States

Ed

Howells, United States

Ren

Minneapolis/StPaul, United States

T

TP

United States

Ryan Agnew

Australia

A

Anne

Germany

C

Chris

United Kingdom

S

Simon

Germany

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