Entrepreneur
Name
Osman
Member since
September 2018
On-time repayments
167 installments • 99%
About Me
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.
My Business
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.
Loan Proposal
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.
Income Source
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
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$697.00
Date disbursed
May 29, 2020
Repayment status
On Time
Projected term
7 months
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