Increase my working capital

Adewoye

Ajasepo, Nigeria

100% paid forward

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Entrepreneur

Name

Adewoye

Member since

December 2018

On-time repayments

46 installments  •  39%

About Me

Am into soft drinks business, 7up products precisely and money agent of First Bank plc. I sell both in wholesale and retails to consumers

My Business

I sell 7up products both plastic and bottled in wholesale. The profit margin of #100 per create and 2% of total sales from the company. If I sell 200 creates in a month, I will have #20,000 profit and free 4 creates from the company.

Project Proposal

I need this loan in other to increase my working capital and make more profits. This amount will help me to buy at least 20 packs of drinks

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$54.00

Date disbursed

Jul 20, 2021

Other projects

Dec 2018:  $1

Jan 2019:  $1

Jan 2019:  $1

Jun 2019:  $11

Jun 2019:  $45

Jul 2021:  $36

Sep 2021:  $54

Oct 2021:  $54

Apr 2022:  $56

Jun 2022:  $59

Jun 2022:  $63

Backers

Elizabeth

Kitwe, Zambia

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  • Adewoye    Jun 19, 2022

    I will be able to get 20 create of soft, this will increase my profits

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  • Adewoye    Jun 19, 2022

    Thanks a lot for funding my loan. This will help me to increase my working capital

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  • Adewoye    Jun 19, 2022

    I want to use the money to increase my working capital and get more good in my shop

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  • Adewoye    Jun 1, 2022

    This order will help me to increase my stock and increase my sale. This will also help us to make some sales

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  • Adewoye    Jun 1, 2022

    Thanks a lot for this loan which will help me to increase my working capital

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  • Adewoye    Jun 1, 2022

    This loan will help me to increase my stock and increase the profit margin that I will be getting

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  • Adewoye    May 7, 2022

    I have added some stocks to the store and we are expecting more sales

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  • Adewoye    Apr 29, 2022

    Thank you so much for funding this loan, I will be able to add to my stocks tomorrow and this will help a lot

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  • Adewoye    Apr 29, 2022

    The loan has helped me to increase my working capital and I am making more profits now

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  • Adewoye    Oct 29, 2021

    Thanks a lot, with this money I will be able to buy 20 packs of drinks and increase my profit margins. Thanks again

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  • Adewoye    Oct 29, 2021

    Thanks for the last support, it's really help my business a lot.

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  • Adewoye    Sep 26, 2021

    Money received

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  • Adewoye    Sep 2, 2021

    Special thanks to all the members that have supported my projects one way or the other. Thanks a lot and God bless you for helping my business to achieve all these

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  • Adewoye    Sep 1, 2021

    Thank you for the loan, it has really helped to increase my working capital and indirectly increased my profits margin

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  • Adewoye    Aug 22, 2021

    I have some issues with my bank account and it will be rectified this new week. I wish I could attached the account screenshot

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  • Adewoye    Jul 18, 2021

    Thank you so much

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  • Toheeb    Jul 18, 2021

    Good luck sir

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  • Adewoye    Jul 18, 2021

    Thank you for the loan, I was able to add more drinks to my shop

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  • Adewoye    Jul 6, 2021

    Thank you so much for making this project possible because with this amount, I will be able to buy more drinks and make more profit and repayment will be easier than before

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  • Adewoye    Oct 4, 2019

    Thank you for the loan, this have helped me to increase the volume of my stocks and increase my profit margin too

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