Selling beauty products

Timothy

Benin, Nigeria

100% repaid

Entrepreneur

Name

Timothy

Member since

March 2020

On-time repayments

45 installments  •  29%

About Me

My name is Timothy Osin. A startup entrepreneur. I built a 6 figure business while in school. I currently have 2 persons who are working with me.

My Business

I am an Ecommerce expert with major focus on mini-importation. I buy hot and fast selling products and resell them in Nigeria at a higher price.

Loan Proposal

Special thanks to all the lenders on Zidisha, you have really been a pillar of support for small businesses like mine.

This loan will fund the purchase of 50 pieces of a hair growth and treatment products.

We deliver only to Lagos state for now as the restrictions on movement have been eased.

Income Source

We buy the products from a supplier in Lagos and deliver to our customers who have ordered on our website. They pay on delivery. So far delivery rate is 2-3 per day. We are able make at least 10,000 profit at the end of every day.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$212.00

Date disbursed

May 19, 2020

Repayment status

On Time

Projected term

7 months

Lenders

Babbitt Family Foundation

Reno, United States

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  • Timothy    Jan 23, 2024

    Thank you for funding this project. I am very grateful.
    With this fund our brand awareness campaign will be a success

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  • Timothy    Jan 23, 2024

    I am very grateful for your continuous support. My business currently doing very well and I have you all to thank for that.

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  • Timothy    May 3, 2023

    Thanks Mr Augustine for funding this project of mine. I will be able to run social media advertising and use influencers to promote my products to potential customers

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  • Timothy    May 3, 2023

    My last project was a success, thanks to all my funders

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  • Timothy    Apr 19, 2023

    I am very grateful for your continued support towards the growth of my startup. I will continue to do my best to make this community proud

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  • Timothy    Apr 19, 2023

    Business is progressing smoothly. Thanks to all my project funders

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  • Timothy    Jan 29, 2023

    Thanks for funding the last project. It made work easier for my staff .

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  • Timothy    Jan 21, 2023

    My business is now able to handle deliveries easily. Thanks to you all.

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  • Timothy    Jul 16, 2022

    The last loan I took after being put into wise use, has not only revived my dead business but has improved it by over 30%

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  • Timothy    Jul 13, 2022

    Thanks for allowing me this long period to pay back.
    My business is back up now

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  • Hassan    Feb 3, 2021

    Promised to pay by Monday

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  • Ademola    Jan 5, 2021

    He said he will pay may be by Monday

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  • Benjamin Olaitan    Nov 25, 2020

    The applicant said his business was down immediately it improves he started making payment

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  • Timothy    Oct 22, 2020

    I'm not able to make payments for now as I'm having some issues to deal with.

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  • Ukachi    Oct 2, 2020

    The applicant promised to start repayment soon

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  • Timothy    Aug 26, 2020

    My business has gone really down, because of a fraud case we are battling now. Making the initial instalment will only distort the relationship with this platform

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  • Ukachi    Aug 13, 2020

    The applicant said business has been very bad , so I talked to him about using the reschedule payment botton. So he promised to check it and start repayment soonest

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  • Timothy    Jul 5, 2020

    We are currently experiencing a trying time in the business. I do not wish to destroy the good relationship with my lenders. I am truly sorry for this. I promise to pay up as soon as things are stable.

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  • Okwukwe    Jun 25, 2020

    The applicant and his reference numbers are switched off. I sent him a reminder message

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  • Timothy    May 19, 2020

    Thanks Mr Anthony Babbit. I am so grateful for your support. I will go ahead and buy the 30 pieces of my beauty products. This will go a long way in reducing the effect of the lockdown due to corona virus. Thanks once again.

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    • Babbitt Family Foundation    May 19, 2020

      Timothy, you are welcome. I am happy that we are able to support you in your goals. Please feel free to reach out in the future!

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      • Timothy    May 19, 2020

        I will be sure to do so. Please be safe

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