Purchasing phone accessories

Oluwaseun

Ota, Nigeria

100% repaid

Entrepreneur

Name

Oluwaseun

Member since

March 2019

On-time repayments

108 installments  •  69%

About Me

I am Oluwaseun Oluloro, a recent graduate from a Nigerian university.
Since I rounded up with the National Service (NYSC),

My Business

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.

Loan Proposal

I intended to incorporate sales of phone accessories like batteries, phone casing, earphones, recharge cards and as many other accessories as may be requested by our customers.
Since my space is located in a highly populated area, it will be business wise to sell other phone accessories in order to generate funds for other businesses I may want to venture into overtime.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Nov 15, 2019

Repayment status

Late

Projected term

17 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Oluwaseun    Oct 1, 2021

    I have completed the payment of the previous loan.
    Now with a job and gunning for a side business, it will be easier to make repayment.

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  • Oluwaseun    May 7, 2021

    Low income

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  • Oluwaseun    May 4, 2021

    Due to low income, I'm out of business at the business only working with a federal government agency where we have almost a year arrears yet to be paid.
    I am only able to pay in small amounts.

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  • Shedrack    Apr 24, 2021

    Oluwaseun Promised that she will start making some payment soon.

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  • Oluwaseun    Mar 30, 2021

    It was unintentional not to complete my loan at this time, but I could not due to the business I opened using the money. The location though is at the roadside didn't bring much anticipated customers to the phone charging business. I later got a job with a federal government agency in January 2020, my work was a bit far from the phone charging centre, I have to close up the business since it was not sustainable.
    I was hoping to start paying the little I can per week but to my dismayed, we did not get paid by the government.
    They said we would be registered under the payroll agency before payment will commence, I had to struggle to feed and survive for months until we were registered in October, till now we have not gotten the payment arrears and the salary is nothing to write home about.
    I have looked for other means to generate income but could not due to lack of finances.
    Please, bear with me, Zidisha family.
    Thank you.

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  • Hassan    Mar 6, 2021

    She's rejecting my calls and the only other number that goes through didn't understand me

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    • Oluwaseun    Mar 30, 2021

      Please, I did not reject your calls. You called with an international number, I could not call back even if I want to.

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  • Oluwaseun    Feb 10, 2021

    Income

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  • Hassan    Feb 3, 2021

    She will restructure and continue payment

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  • Oluwaseun    Jan 14, 2021

    income

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  • Wisdom    Dec 31, 2020

    Expecting some money, will commence her repayments shortly

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  • Wisdom    Nov 30, 2020

    Oluwaseun promises to start making gradual payments, says she is been having financial problems some months back

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  • Oluwaseun    Oct 10, 2020

    Low income

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  • Oluwaseun    Sep 21, 2020

    No income at this time

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  • Oluwaseun    Sep 12, 2020

    The pandemic

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  • Oluwaseun    Aug 4, 2020

    Low income

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  • Oluwaseun    Jun 19, 2020

    Nil

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  • Okwukwe    Jun 19, 2020

    The applicant number is switched off, so I called one of her reference in the person of oluwatosin her sister, she promised to call her and remind her of the payment. Meanwhile I sent her a reminder message.

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  • Oluwaseun    May 25, 2020

    Corona virus pandemic

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  • Oluwaseun    Apr 8, 2020

    The pandemic

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  • Oluwaseun    Mar 10, 2020

    Low income

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