Purchase ankara fabrics and kiddies ready to wear

Chinyere Okafor

Uyo, Nigeria

100% repaid

Entrepreneur

Name

Chinyere Okafor

Location

Uyo, Nigeria

On-time repayments

41 weekly installments  •  59%

About Me

I am okafor chinyere ,I deal on all manners of Fabrics but of late I needed to enlargement my business due to high demand of customer but financially I couldn't so I began to goggle suddenly I stumbled on zidisha I thought of giving it a try .and so I read and follow every inhttps://www.zidisha.org/borrower/loan-applicationstructions and to my amazment I was funded .now I can smile because I have found an organization with standards and integrity.thank to every lender indeed distance is not a barrier,thanks to zidisha.

My Business

Fab house of Fabrics sell all manner of fabric ranging from Ankara,laces, Kampala, kente, Hollandies,George, silk, chiffon,plain and patterns, aso-oke,crep, Polly,combact,satin,velvet, sequence for all events and wholesale supply. etc.we deliver 24-48 hours within Nigeria and 72 hours world wide

Loan Proposal

I would do a repurchase of Ankara , fabrics , ready to wear clothings for kiddies as it's Christmas season and my customers have been asking for these items.would be glad if given.

Income Source

As the demand of clothings especially ready to wear for kids are in high demand and because kids grow fast and most parents or care giver find it an inevitable a task not to buy at this time.and the Ankara fabrics are in high demand as most people take out end of the year to gift it to people and most commonly the end of the year is a time of one celebration and festival .so these items are in high demand .and sale is turn over is high too.

Feedback

3

None

None

  • nicole    Jun 11, 2021

    Chinyere paid on time - I would be happy to lend to you again!!

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  • David    Feb 14, 2021

    Loan was scheduled to take six weeks and was paid off as planned. Continued good luck to you.

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  • David    May 8, 2019

    Loan was originally scheduled to take six weeks and was paid off with two payments one and two months after disbursement. Good luck as you continue your business.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$51.32

Date disbursed

Dec 14, 2020

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: 10% of $51.32 = $4.36

Credit risk payment: $4.79

Lenders

Babbitt Family Foundation

Sioux Falls, SD, United States

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