Entrepreneur
Name
Mandy Essien
Member since
February 2020
On-time repayments
59 installments • 47%
About Me
My name is Mandy, I am a graduate of Electrical/Electronics engineering.I am married with 3 kids.I love to work hard and I am good at it. At leisure I play and teach piano. I love what I do!
My Business
Due to insufficient employment I decided to venture into business.I am into poultry.I have a little farm i am currently managing and i need to grow it.I devote my time to my business to cater for my small family.I need to expand my business by having a very large farm where i will benefit and create an opportunity for the youth in my area to be employed.The more reason I am applying for this loan and if given will help a great deal.
Loan Proposal
I intend to make bulk purchase of feeds and retail to customers. I also will increase the workers salary as I have expanded the business.
Income Source
Yes many businesses are not functioning well because of the outbreak,I have decided to introduce new method into the business to attract customers. Doing promo's, initially I was selling just the birds now I have added eggs. Everyone needs eggs and it sells faster too.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$512.34
Date disbursed
Jul 6, 2020
Repayment status
Late
Projected term
11 months
Cost to entrepreneur
Service fee: $43.76
Credit risk payment:
$65.64
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Sabrina Aug 1, 2020
David Mar 17, 2020
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