Restaurant business

Imo Monday

Abuja, Nigeria

100% repaid

Entrepreneur

Name

Imo Monday

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

Am collecting the loan to help me buy food stuff plenty,so as to have them in stock,because going to the market everyday to buy increase my expenses,and also the location where I get my food stuffs cheaper is far from me,in addition to that,am also going to use some of the loan to buy all types of drinks,to be able to give my customers their choice

Income Source

My restaurant business is a fast growing one and is it at the county capital,where there is a great population.we have all kinds of meals and drinks,and we are giving the best service 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

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

May 2, 2021

Repayment status

Late

Projected term

3 weeks

Lenders

EP

Erase Poverty

United States

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