Restock grocery store

Zainab

Jos, Nigeria

100% repaid

Entrepreneur

Name

Zainab

Member since

September 2020

On-time repayments

56 installments  •  34%

About Me

I am the last child out of seven children and I went to a private nursery and primary in the ancient city of Kano while my secondary school was in a Christian mission school in the tin city of Jos,north-central Nigeria. My postsecondary education was in Jos where I obtained both national and higher diplomas before I proceeded to Nassarawa state for my compulsory one year service. I am married with three wonderful children, a teacher and a shop owner.

My Business

Inflationary pressures are on the increase in my nation currently because of hikes in VAT,fuel cost, pay TV,food items,electricity rates etc therefore for most people,their ficus now is putting food in the table first which is what informed my choice of wholesale and retail sale of raw food items beverages. All schools have been mandated to reopen which will escalate the demands for my commodities.

Loan Proposal

The demand for grocery, beverages and food stuffs generally is on the increase as schools begin to reopen gradually, therefore this loan will be channelled towards restocking my one-stop store.

Income Source

The contract of a mere 6% of the national economy is an outshoot of the fact that the informal sector forms the pillars of Nigerian economy therefore loan repayment will not be a challenge. Thanks.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$25.00

Date disbursed

Sep 22, 2020

Repayment status

On Time

Projected term

1 week

Lenders

A

Andy

United States

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