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
This loan will be used to buy a 25litre diesel to fuel my mill. Part of the loan will also be used to sharpen the grinding discs of the mill
Income Source
Business is gradually striving after the great monster pandemic called covid 19. I am very convinced that, timely repayment will be made as I have done it before.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$23.00
Date disbursed
Sep 22, 2020
Repayment status
On Time
Projected term
1 week
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