Organic materials

Omolola Odumosu

Lagos, Nigeria

100% repaid

Entrepreneur

Name

Omolola Odumosu

Member since

January 2021

On-time repayments

20 installments  •  55%

About Me

I am Omolola, a graduate in entrepreneurship management. I run an organic and cosmetic store in lagos,Nigeria. I have been in the business for over 5years. I trained from one of the best hands in the industry and still learning as no one is an island if knowledge. I intend going for more training before the end of second quarter 2021

My Business

I own a mini superstore and wish to venture into skincare formution. I wish to expand my store, learn more formulation techniques so as to produce more skin and hair care products. I hope to employ more hands so as to ease productions. Improve on labelling and possibly use imported containers so as to move my brand. I wish to make my products go global

Loan Proposal

With this loan, I will increase my chemical and organic material purchases so as to enlarge production and expand my business. The organic beauty industry is a very big one that needs constant improvement. If I am opportuned I can enrol for some easy online classes to enable me learn more recipes

Income Source

To repay my loan is not a difficult issue, as I have daily community contributions in which I have channelled to repaying my loans. However, to increase sales I am on various social media platforms which assist upcoming entrepreneurs like myself.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$52.25

Date disbursed

Mar 11, 2021

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $2.55

Credit risk payment: $8.16

Optional expediting fee: $7.65

Lenders

Kevin

San Francisco, United States

WE

Wendy Emlyn

Devon, United Kingdom

R

Ru

New York, United States

Ask Omolola a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...