Stocking of goods

Ocholi

Lagos, Nigeria

38% repaid

Entrepreneur

Name

Ocholi

Member since

December 2020

On-time repayments

11 installments  •  45%

About Me

My name is Ocholi Samuel, 34yrs old. I studied Banking and Finance at Lagos State Polytechnic. I am married with a kid.

My Business

I operate a small grocery store where I sell household goods and items in my neighborhood, I buy directly from distributors and resell to the end users. I need fund to buy goods to meet with the demands of my customers and to also buy storage facilities that will guarantee the preservation of goods.

Loan Proposal

I will use the loan to buy enough stock from the distributor thereby getting discount on purchases. To also buy goods that are in hot demand so as to meet up with demand from customers

Income Source

I would have collected money from customers who buy from me on credit. I will also engage my other investments to source for funds if need be

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$58.30

Date disbursed

Jan 29, 2021

Repayment status

Late

Projected term

2 months

Other loans

Lenders

MrMichigander

Marquette, United States

Dao Nguyen

austin, United States

Babbitt Family Foundation

Reno, United States

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