Recycling business

Benardr Ogwuche

Lagos, Nigeria

5% repaid

Entrepreneur

Name

Benardr Ogwuche

Member since

January 2019

On-time repayments

83 installments  •  54%

About Me

My name is Benard ogwuche.
from the middle belt part of Nigeria, where I had my early education. I moved to Lagos where I got series of jobs and along side acquired alot of skills from the both operations, management and customers services. I decided to build up my own business some years, although it had been challenging but with much effort and zeal I was able to overcome starting challenges. I have acquired equipments and tools to execute my business practices. At the moment I need to buy a 20tons truck for my logistic business. The cost of the truck goes for 2000000 (two million naira)
usually at the end of every transactions, I reinvest my profit back to the business.
thank you.

My Business

As a service oriented business, I engage in turn overs. this gives an opportunity to increase in profit, either by acquiring more fleets to the business or expand in customer capacity. I usually make an average of 800000 daily until I engaged in some couple of turn over through my logistics services. I handle all aspect of logistics and transport services that involves movement of goods for one location to another with Lagos state.

Loan Proposal

good day, we are into plastic recycling which we crush waste plastics into flakes.
we purchase waste pet bottles from the dump sites, move them to our factory. after this we sort the bottles into categories by removing of covers, rings, and labels.
we proceed the sorted bottles to the machine for crushing into a flakes form.
after crushed, it is been transfered into a 50kg size bags.
when we are able to achieve up to a ton capacity we supply to our customers who pay on the spot.

Income Source

by purchase of these raw materials, based on my voluminus customers.
i need to produce more goods to meet customers demand. i have made other neccessary arrangements like the machines and other workforce available to meet up my supply for the week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$277.42

Date disbursed

Sep 5, 2020

Repayment status

Late

Projected term

6 months

Cost to entrepreneur

Service fee: $23.69

Credit risk payment: $28.43

Optional expediting fee: $23.69

Lenders

M

mblue0953

United States

C

Christian

Saarbruecken, Germany

AltruisticSelfishnes

Chicago, United States

lietu

Tallinn, Estonia

Martin

Manama, Bahrain

P

paulo1

Aptos, United States

T

Tallago3

Munich, Germany

A

AlexCheng

Seattle, United States

Tavin

Ottawa, Canada

S

SelvaMarcus

Green Cove Springs, United States

G D Export

Kolkata, India

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

P

Piotr

London, United Kingdom

J

jzidi

Los Angeles, United States

GH

Gav H

Langley, Canada

A

AndrewC

London, United Kingdom

Freewolf

Salt Lake City, United States

D

Deback

Denver, United States

sderickson

Berkeley, CA, United States

G

GoughGirl

Washington, Dc, United States

Bivouac

Hillsboro, United States

lyalljellyman

Wellington, New Zealand

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

S

Staffan

Mölndal, Sweden

Grant Xavier Storer

Seattle, Wa, United States

Robert Long III

Bridgman, MI, United States

S

Stephan

Netherlands

S

Sven

Netherlands

Dave Bogard

New York, United States

MD

Miles Dodge

CORVALLIS, United States

Jennifer Weber

Canandaigua, Ny, United States

ME

Manaal Eisa

Washington DC, United States

Framework Eyewear

Utrecht, Netherlands

F

Frits

Rotterdam, Netherlands

Paul Smithson

Leeds, United Kingdom

R

Ryan

United States

JC

Justin cohan

United States

Anonymous

Ocoee, United States

P

Phips

Switzerland

Carla

United States

E

Elynne

United States

SA

Steve A

Newbury, United Kingdom

Myria

New Mexico, United States

Jes-c

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

L

Lucy

Australia

Craig Travis Provyn

Bradenton, Florida, United States

R

Robert

Chicago, United States

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

VC

Victor Chong

United States

D

Dalton

San Francisco, United States

Diane U

Olympia, Wa, Usa, United States

Paul Buchheit

Mountain View, United States

A

Alex

United States

M

marton

United States

JH

Jane Hanford

United Kingdom

Carrie

Arlington, MA, United States

Thereze Ovid

Brooklyn, New York, United States

Darren Jeppson

Denver, Colorado, United States

CH

Christian Holck

United Kingdom

Alisha Gallini

United States

JK

Janardan Kelkar

Atlanta, United States

Nick Studenski

Minneapolis, United States

Remo

Switzerland

Ryan Agnew

Australia

BR

Brian Rickman

United States

We Not Me

St. Paul, Minnesota, United States

L

Lisa

United States

S

Stephan

Switzerland

alexalexalex

Berlin, Germany

M

MaggieK

United States

D

Dan

Australia

R

Ru

New York, United States

Nadine

Fremantle, Australia

SF

Snow Family

United States

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