Purchase equipment for phone shop

Fikayo Abogunrin

Ojota, Nigeria

17% repaid

Entrepreneur

Name

Fikayo Abogunrin

Member since

August 2020

On-time repayments

12 installments  •  17%

About Me

I started this business with just two phones and now i have a shop but i need to acquire more phones in order to grow the business exponentially. I needed a platform that could aid this so I was introduced to Zidisha.

My Business

Mobile phones sales is what I do majorly. I supply these phones in bulk and I have just acquired a shop, but with no equipment and materials yet, hence the need for a raise.

Loan Proposal

I intend to use the loan to purchase some equipment for my new shop and stock it. But in subsequent times, I wish to expand it.

Income Source

I am going to pay some certain amount into my wife’s account so as to enable me keep up with the dictates of the situation.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$125.25

Date disbursed

Oct 22, 2020

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Service fee: $10.70

Credit risk payment: $11.77

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