Used clothes sales

Oluwaseun

Ota, Nigeria

100% repaid

Entrepreneur

Name

Oluwaseun

Member since

March 2019

On-time repayments

108 installments  •  69%

About Me

I am Oluwaseun Oluloro, a recent graduate from a Nigerian university.
Since I rounded up with the National Service (NYSC),

My Business

I was not able to make enough profit for the phone charging business. Though I got a new government job but the salary is not sustainable.
I have always have interest in product manufacturing.
Now, I will like to carry out some product formulation on transparent soap, no lye hair relaxer and shampoo to test run them for sale.
I will pick the cheapest product that I can also sell at affordable price so, I can easily recoup my profit.
My marketing strategy is to advertise online, sell at bus stops, streets and other densely populated areas.
Thank you.

Loan Proposal

I intended to use the loan to buy cheap chiffon shirts and jackets for sales from Benin Republic. I have some clothes in stock but I want to add more clothes to the stock.
I will sell those clothes to make more profit.
I will sell them in the market close to me, in some offices and list them online for interested buyers.
Some Nigerians preferred to buy the used clothes because in most cases it's cheaper and also of a good quality.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$70.00

Date disbursed

Jun 14, 2019

Repayment status

On Time

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$70.56

Amount remaining

$0.00

Date repaid

Nov 11, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 27, 2019 $11.76 Jun 20, 2019 $11.76
Jul 4, 2019 $11.76 Jun 20, 2019 $0.14
Jul 6, 2019 $11.62
Jul 11, 2019 $0.85 Jul 12, 2019 $0.85
Jul 18, 2019 $0.85 Jul 19, 2019 $0.85
Jul 25, 2019 $0.85 Jul 24, 2019 $0.85
Aug 1, 2019 $0.85 Jul 30, 2019 $0.85
Aug 8, 2019 $0.71 Aug 8, 2019 $0.71
Aug 15, 2019 $0.85 Aug 16, 2019 $0.85
Aug 22, 2019 $0.85 Aug 23, 2019 $0.85
Aug 29, 2019 $0.85 Aug 30, 2019 $0.85
Sep 5, 2019 $0.85 Sep 6, 2019 $0.85
Sep 12, 2019 $0.85 Sep 13, 2019 $0.85
Sep 19, 2019 $0.85 Sep 20, 2019 $0.85
Sep 26, 2019 $0.85 Sep 27, 2019 $0.85
Oct 3, 2019 $0.85 Oct 4, 2019 $0.85
Oct 10, 2019 $0.85 Oct 11, 2019 $0.85
Oct 17, 2019 $0.85 Oct 14, 2019 $0.57
Oct 18, 2019 $0.28
Oct 24, 2019 $0.85 Oct 25, 2019 $0.85
Oct 31, 2019 $0.85 Oct 30, 2019 $0.85
Nov 7, 2019 $0.85 Oct 30, 2019 $0.85
Nov 14, 2019 $3.54 Oct 30, 2019 $0.71
Nov 6, 2019 $2.83
Nov 21, 2019 $1.70 Nov 11, 2019 $1.70
Nov 28, 2019 $1.70 Nov 11, 2019 $1.70
Dec 5, 2019 $1.70 Nov 11, 2019 $1.70
Dec 12, 2019 $1.70 Nov 11, 2019 $1.70
Dec 19, 2019 $1.70 Nov 11, 2019 $1.70
Dec 26, 2019 $11.76 Nov 11, 2019 $11.76
Jan 2, 2020 $8.06 Nov 11, 2019 $8.06

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