Restaurant business

Imo

Abuja, Nigeria

100% repaid

Entrepreneur

Name

Imo

Member since

March 2021

On-time repayments

9 installments  •  44%

About Me

My name is Monday Imo Mfon, I'm from akwa ibom State in southern Nigeria.

I studied for a Bachelor degree in Electrical and Electronics Engineering at the Akwa Ibom State university. Upon completion, I was posted to the Federal Capital City, Abuja where I did a compulsory one year National Service program.

My Business

With the outbreak of the novel covid-19, unemployment rates went up and I saw the need to become self employed. I ventured into restaurant business which has been lucrative so far. In eight months of running the business, I've been able to employ two workers to assist in cooking and serving customers.

Additionally, I happen to be the only person selling Southern dishes and delicacies in my location, hence customers come to get a taste of home from my restaurant.

Loan Proposal

The loan will help me buy more food stuff and carry on expansion project which includes roofing the back stall.

Income Source

Food remains a basic need. With workers returning to the capital city, business is fast picking up.

Refunding will be made possible from profits

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$62.00

Date disbursed

Apr 11, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

PG

Paul Graham

United States

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