Upgrade of equipment

Babatunde

Ibadan, Nigeria

100% repaid

Entrepreneur

Name

Babatunde

Member since

December 2019

On-time repayments

44 installments  •  52%

About Me

I am Babatunde Omirin. Born in Lagos over 45years ago. I graduated with a bachelor degree in pure and applied physics. I did a thesis on Solar Energy while in school. I am creatively endowed and have passion for service.

My Business

I'm an entrepreneur. I am into Printing and publishing and food business. Asides all the above, I possess skills that earn me revenue periodically ie graphic designs.

Loan Proposal

This loan will enable me to upgrade one of the equipment used in this business. This included the pop corn machine and bigger capacity gas cylinder. This will in turn increase the profit margin of sales.

Income Source

According to the above explanation this loan will give me the opportunity to expand the capacity of the business by purchasing more tools to create another production unit for increased production. This will in turn increase the profit margin of sales and subsequently easing the payback of the loan in record time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$53.00

Date disbursed

May 11, 2021

Repayment status

On Time

Projected term

1 week

Lenders

Aran Dunlop

United States

CN

Craig Newmark

United States

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