To buy market to my new rented shop (selling livestock feed)
Abidemi
Ogun State, Nigeria
100% repaid
Entrepreneur
Name
Abidemi
Member since
May 2020
On-time repayments
43 installments • 23%
About Me
Am Kobari Mosunmola a native of Ogun state in Ijebu ode, I was schooled and brought up in Ondo state with my parent while my father doing cocoa business there am also a famer now both "fish and poultry faming" and I also into supply eggs and chicken to some eatry and retailers in my state.eggs, chicken even cat fish is very moveable business in my Country as all know, getting enough capital will be very helpful hand for me. To Pay back the money will not be problem. I know Zidisha will made my dream come through, Thank you in advance. Thanks you all is what I can say for now. A big thank you to all zidisha team.
My Business
I do supply eggs and life chicken to retailers and people do come from different state to buy fish in bulk if I get this loan to support my business by using it to buy more chicken and fingerly and feeds for the livestock I will be very very happy. Currently the sales of feed selling is not going on but the sales of eggs move on smoothly this is what help me repay my loan despite that the feed shop destroyed and have to purchase feed outside that is why reason my loan was delay, I rotate the money within the business that is why am able to repay back in bulk. If I could get this loan I will use it to start up the feeding shop because I've already rent another shop since beging of this month. Thanks all. Get back to busy seven months ago and I want to pay for 3times but am debt free am must confess that I happy. Am now into supply of chicken to those that makes frozen which I do supply every five weeks.
Loan Proposal
I will use this loan to buy market to my new rented shop, ( livestock feed ) in order to cash up from my former shop destroyed during endsars protest in Nigeria Oct 20th 2020. I believe with this loan I will get fit better, that is why reason I choose long time payment in order not to defult anymore. And if business cash up I rather rush the payment than to defult again.
Income Source
This is farmers season , I so much have believe in this business that no matter how big capital you put in it will come out successfully. No matter what people will eat chicken, eat eggs, eat fish so as we're putting money we get it back with profit that means to pay back will not be problem at all. Thanks.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$210.00
Date disbursed
Dec 22, 2020
Repayment status
On Time
Projected term
3 months
Lenders
San Francisco, CA, United States
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