Entrepreneur
Name
Philemon
Member since
September 2020
On-time repayments
27 installments • 30%
About Me
My Name is Philemon A. Agbedem. I'm a teacher and an entrepreneur.
I was moved to see people especially women having to travel over 20km to access a grinding mill. Sometimes these women had to spend a day or two to be able to mill their grains, so in 2019 I started a mill in the community.
My Business
I operate a grinding mill.
Due to pressure on the mill, I need a loan to add another mill to the existing one.
This will ease the pressure on the single mill and also eliminate the waiting time of customers which will eventually yield much profits.
Loan Proposal
To expand my grinding mill business
Income Source
The current economic climate especially with Covid has affected many businesses globally. However, businesses are picking up gradually.
I also deal in motor bike spare parts and I am convinced that I can pay the loans in the coming weeks
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$13.00
Date disbursed
Sep 15, 2020
Repayment status
On Time
Projected term
1 week
Other loans
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