167 installments • 99%
I am Usman Baahiru, I am 57 years old. I leave in Kumasi Asawase. I am married with five kids I own a corn mill which use in processing corn and selling in the market.
As I said earlier, I'm in to buying and processing of corn for resell in the consumer market. I own the corn processing machine. I therefore buy corn from the villages bring it to process and resell.
I will use the current loan to increase my inventory. Covid 19 fortunately and unfortunately has increased the demand for food. It has therefore increase the demand for processed corn.
This loan is therefore going to give me the opportunity to increase my profit margin.
I deal in buying and processing of food items like corn, maize etc. Fortunately and unfortunately the demand for this food items has increased. It has rather increase demand for food and therefore will increase my revenue and profit
May 29, 2020
Cost to entrepreneur
Service fee: $47.48
Credit risk payment: $71.28