Hotel business
Oluwaseun
Ilorin, Nigeria
$0 to go
100% funded of $202 goal
0
days left
Entrepreneur
Name
Oluwaseun
Member since
January 2019
On-time repayments
22 installments • 32%
About Me
I'm Oluwaseun who runs a hotel business in Ilorin, kwara state.Nigeria.I am a single man still in the late twenties. I stay in Ilorin and finished my degree and masters in Nigeria. I decided to take up a hotel business of my father since he can't handle it well due to his illness. I get paid from the business as salary and I also have a share in the profit. I have have about 4 staff under me also. I have a passion for hospitality business that's why I'm trying to take the hotel to another level.
My Business
A 19 room hotel business with a mini hall and bar. I want it to upgrade the hotel to be more equipped I have 10 rooms already in use. The remaining 9 rooms are not yet complete, it remains painting, fittings,furniture's and accessories. The bar is also not up to standard. Just waiting for capital to buy more refrigerator.
Loan Proposal
Still on the same hotel business. The previous loan I have collected has gone a long way in the increase of income which am glad its coming from you.
The new loan am taking will be used in getting more windows and burglary for the remaining rooms. Like I used my previous loan for
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Loan Info
Project Type
Classic Loan
Disbursed amount
$202.00
Date disbursed
Feb 8, 2020
Repayment status
Late
Projected term
3 months
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