Entrepreneur
Name
Olasupo
Member since
January 2019
On-time repayments
37 installments • 100%
About Me
I am Olasupo Oladogba, a Nigerian by nationality. Born 55 years ago by extremely poor parents. And grew up in a God forsaken neighborhood in Lagos. I stumbled through hard childhood educational life and eventually graduated as an Engineer.
I developed serious interest in agricultural farming when I started my professional practice in mechanical engineering. So, within 5 years, I acquired a small plot of land where two poultry pens were built from my monthly earnings. Presently, my poultry business is small but growing as expected.
My Business
My poultry farm presently generate N350,000 sales revenue per week before business expenses. I currently take home profit of N35,000 per week after business expenses.
My poultry supplies readily available eggs to my happy customers on a daily basis. The business also made available old layer chickens for customers during Christmas festive season.
Substantial part of the profits is always reinvested in growing the business. I must say here that my goal is fulfilled. My family members and I are living a better life now.
Loan Proposal
To increase the egg production capacity of my existing poultry farm. The funds will be used for purchase of bulk feeds for my chicken. The benefit of bulk feed buying is cost saving as a result of discount given by the feed supplier.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$151.00
Date disbursed
May 13, 2019
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
United States
United States
Antwerp, Belgium
Ask Olasupo a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Julie Jun 7, 2019
Loading...