Oluwaseun
Ota, Nigeria
100% repaid
Name
Oluwaseun
Member since
March 2019
On-time repayments
108 installments • 69%
I am Oluwaseun Oluloro, a recent graduate from a Nigerian university.
Since I rounded up with the National Service (NYSC),
I was not able to make enough profit for the phone charging business. Though I got a new government job but the salary is not sustainable.
I have always have interest in product manufacturing.
Now, I will like to carry out some product formulation on transparent soap, no lye hair relaxer and shampoo to test run them for sale.
I will pick the cheapest product that I can also sell at affordable price so, I can easily recoup my profit.
My marketing strategy is to advertise online, sell at bus stops, streets and other densely populated areas.
Thank you.
I will use the loan to purchase inventory for my phone charging business that I want to start.
I will get a small table, a plastic chair, refuel the generator that will power the phones, fix some electric sockets and buy 10 pieces of phone chargers.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$70.00
Date disbursed
Mar 26, 2019
Repayment status
On Time
Projected term
3 months
Ask Oluwaseun a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.