Selling electrical parts

Balogun

Lagos, Nigeria

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Balogun

Member since

September 2020

On-time repayments

4 installments • 50%

About Me

I am electrical engineering selling electrical part like bulb,wire,pipe,clips,gear switch,change over

My Business

I am business man and income is 100000 every weeks and selling electrical part, like 20mm pipe,25mm pipe,and also supply el I really love my business

Loan Proposal

I am a business man I used to selling electrical part,selling like wire,bulb,socket,energy saving bulb,clips,

Income Source

Is 100 per sure i will pay the loan back which is I no and I want to boost my business to enlarge around the workd

Feedback

Positive

None

Neutral

None

Negative

EG
Erik G Nov 30, 2020

Unfortunately after the loan was disbursed there was no further communication from Balogon and no repayments. Even after repeated efforts to encourage some communication around the situation so the lenders could understand the challenges. Obviously it's bad debts like these that push up the cost of borrowing for those on the platform that make every effort to repay agains their obligations.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Oct 13, 2020

Repayment status

Late

Projected term

2 weeks

Other loans

Sep 2020: $14

Oct 2020: $38

Lenders

Alexandre Genereux

Gatineau, Canada

Paul Smithson

Leeds, United Kingdom

Dalton

San Francisco, United States

Dixie Davis

Kyle, United States

Jason

West Palm Beach, United States

Hamilton Chapman

United Kingdom

New York, United States

Erik G

Switzerland

Makepeace-Boyle Family

New Brunswick, Canada

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Adewale Apr 8, 2021

Member not answering call but that of his sibling, Balogun Yusuf said he will pay back in no distance time.

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Adewale Mar 3, 2021

Just now I called the borrower but his line is not reachable then I called Titi Balogun who the borrower claimed to his sister to help the organisation and reach out to him about the overdue loan.

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EG
Erik G Nov 21, 2020

Balogun - You seem to have a professional approach to your business. Remember that your defaulting on the loan pushes up the costs to all other borrowers on Zidisha. What issues are you having? Best, Erik

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EG
Erik G Nov 8, 2020

Balogun - do you have any intention of paying back the loan? Best, Erik

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Murtala Nov 5, 2020

I called his third reference Titi bologun and tell her all about her brother Bologun lateef ,about the loan he received and didn't pay on time,
I asked her to give him a message that he should please pay back his loan today or tomorrow so that he can be able to reapply
she promised to deliver the message.

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Erik G likes this.
Balogun Oct 13, 2020

I will use the money for business and i really appreciate alot

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EG
Erik G Oct 13, 2020

all the best..

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MF
Makepeace-Boyle Family Oct 9, 2020

Dios es Uno - God is One

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Balogun Oct 9, 2020

Ok there's no problem

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Balogun Oct 5, 2020

I will use the money to do business and it will help me to boost my business and thank for the loan am really appreciate

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- EG
  Erik G Oct 13, 2020
  
  Sounds like you have a plan to be able to pay off the loan Balogun and you've paid off your previous loans which is good to see. So I am glad to help you secure this loan now so you can expand your business. All the best.. Erik
  
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MF
Makepeace-Boyle Family Oct 4, 2020

Dios es Uno - God is One.

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