Sealing machine

Adaeze Ndubuisi

Asaba, Nigeria

100% repaid

Entrepreneur

Name

Adaeze Ndubuisi

Member since

July 2019

On-time repayments

36 installments  •  39%

About Me

I'm Ndubuisi Adaeze, born into the family of seven and I am the first child. Childhood was quite fun as children we had everything we needed, it got to a time when things weren't easy again, it was so difficult for me to finish my tertiary education due to financial constraints, that was when I ventured into baking, I started with making cup cakes and birthday cakes just to make ends meet, I went ahead to develop myself by meeting and working with those that went to catering school since I couldn't afford it, I was able to learn well and that was how I started cooking for occasion, I also learnt how to do decorations from a friend, which I also added to my business, initially I was not really getting contracts but as time went on I started getting and I was borrowing materials and renting materials to work with and which I am still doing up till now for some things. Presently I've been able to stand to a level where I have people that work with me during events and I've also told some persons that have even started their own business. I was introduced to Zidisha by someone and since then I've been able to get some materials and equipments needed to enhance my skills. Presently my take home after expenses is about #189000 which I also invest in other profitable ventures.

My Business

I'm into catering ie cooking for events eg weddings, burials, birthdays, conferences, church meetings, get together and many more events and I'm also in baking of confectioneries eg cakes, pies and lot more.
I'm also into decorations of event centers.

Loan Proposal

I need a sealing Machine urgently to help with the sealing of my products instead of trying to use the manual method of using pressing iron to seal my products, the machine will be faster and much more effective.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.77

Date disbursed

Aug 15, 2019

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: $1.01

Credit risk payment: $4.47

Lenders

Julie

United States

Sayuri

United Kingdom

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