Entrepreneur
Name
Elijah
Member since
January 2020
On-time repayments
19 installments • 63%
About Me
I am Elijah native of lbiono lbom.l am residing at uyo. Am married with one kid.I was trained as apprentice but now am free.am self employed, I work for myself
My Business
I am a welder,as well as mason.I can do building work like plastering,setting of blocks etc,my work can fetch me 30 to 45000 a month.
Loan Proposal
I want to buy spraying machine .l have been renting spraying machine every time I want to spray and this has been a problem to me because it cost .l want to have spraying machine of my own to help me do my business successfully. If I have enough money,I will also buy filing machine because the one I have been using is not working again. And I went to repair,it was too cost because it needed me to buy something and put or change the spoiled part. So for me to buy a new one is good because I will use it for a long time than repairing the spoiled one. Spraying and filing machine are in my plan to buy.
Income Source
I will repay this loan in the coming week from my business .I also do building work and these two have been a source of income that will help me to repay the loan. When I buy the machine ,I will be able to save some money from renting and the saved money will be used to repay. So my welding business and bricklaying works is the source I will use to repay the loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Jul 18, 2020
Repayment status
On Time
Projected term
5 weeks
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