Working capital shore up

Olumide Adebayo

Badagry, Nigeria

100% repaid

Entrepreneur

Name

Olumide Adebayo

Location

Badagry, Nigeria

On-time repayments

112 weekly installments  •  100%

About Me

I am a first degree holder of Obafemi Awolowo University Ile - Ife, and currently enrolled for a Master of Business Administration degree of the National Open University of Nigeria. I possess well over 11 years post NYSC business management experience having completed youth service in 2008. I was awarded a commendation letter for outstanding performance on behalf of the Gombe State Government, by my place of primary assignment in 2008. I have attended several Entrepreneurship trainings (both paid and free) including a 5-day YESP training sponsored by the Bank of Industry at the Lagos Business School in 2016. The Nigerian business environment, where I operate, though quite challenging, but at the same time very ineresting. Of the numerous challenges Entrepreneurs are facing in Nigeria, accessing affordable funding for business scaling and expansion stands out.

My Business

We are in the business of retailing cooking gas to both domestic as well as industrial users in our community. We also trade cooking gas cylinders and accessories. We hope to diversify into repairs and servicing of faulty gas stoves as well as training youths on refilling operations as well as repairs and servicing to empower the teeming unemployed youths in our community. The business currently operate from the ancient town of Badagry, Lagos State of Nigeria.

Loan Proposal

We intend to deploy this loan towards boosting our working capital to enable us meet up with the increasing demand of our customers

My Videos

Jan 24, 2021: Gas plaza video

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$520.00

Date disbursed

Jul 27, 2019

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: 5% of $520.00 = $22.08

Credit risk payment: $132.50

Lenders

G

GalantnostS

Hong Kong, Hong Kong

M

marvin24

Giessen, Germany

M

MarkAndMary

Seattle, United States

W

Witlof

Tsukuba, Japan

AltruisticSelfishnes

Chicago, United States

S

sebseb

The Hague, Netherlands

ErikN

Stockholm, Sweden

F

FHult

Stockholm, Sweden

L

ldron7

Utah, United States

Z

zemaj

Sydney, Australia

johnandmoliehi

Canton, New York, United States

D

DRSZ73

Portsmouth, United Kingdom

rodcul

Altea, Spain

B

BronxJose

Bronx, United States

BJ

Brandon Joz

North Carolina, United States

Jeff and Marcie

Portland, OR, United States

A

AlexCheng

Seattle, United States

B

betagal

Geneva, Switzerland

T

tmsaddress

Orlando, Florida, United States

B

Bavarian

Bavaria, Germany

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

F

fake_name

Boston, United States

Erica

Caledon, Canada

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

C

cfaul

Seattle, United States

Matthew

New York, NY, United States

Paul and Rachel

London, United Kingdom

S

SvenWaage

Stavanger, Norway

peanut

Halifax, Canada

ads68

Melbourne, Australia

Blake

Rockford, United States

Hype1

Ashburn VA, United States

P

Prysdahl

Marshall, United States

Christopher

Copenhagen, Denmark

A

Aaron

Zurich, Switzerland

Cadwah

Barcelona, Spain

P

Peksa

Espoo, Finland

VALEK

Canberra, Australia

T

Tui1974

nuenen, Netherlands

V

Valis

Singapore, Singapore

L

leeirel

Edmonton, Canada

C

cngilkd

gaithersburg, United States

A

Andy

Berlin, United States

G

glh25

Winooski, United States

G

Gwencalon

Garching b. Muenchen, Germany

I

ianb723

ROCHESTER, United States

nmatpt

Lisboa, Portugal

Patrick

Berlin, Germany

J

JohnH

Livonia, Michigan, United States

U

UTLonghorn

Lincoln, United States

JTShorty

Gorham, Maine, United States

indrayudha

Jakarta, Indonesia

C

Colmena

Chicago, United States

A

AndrewC

London, United Kingdom

JOKer

Weisendorf, Germany

T

ThereIsNoGod

Singapore, Singapore

JonB

London, United Kingdom

soniad

Dubai, United Arab Emirates

NedRyerson

Munroe Falls, United States

MrMichigander

Marquette, United States

mikeice

Kohler, United States

G

GanSatya

United States

sderickson

Berkeley, CA, United States

J

janakan

Hong Kong, Hong Kong

Z

zvrk2014

Brookline, MA, United States

N

nycjen

United States

R

roozbeh

United States

AllieJ

Camberwell, Australia

DavidHS

United Kingdom

J

jenda

Czech Republic

M

merk85

United States

chriseyre

Fremont, Ca, United States

R

RonEddy

United States

B

bscent

Hong Kong

Grant Xavier Storer

Seattle, Wa, United States

Suman

Gold Coast, Australia

T

Tim47

United States

K

Keith

Luxembourg

K

kennychit

United States

adrianz

United States

reluck

Marseille, France, France

S

SuzanneD

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

SE

Sven E

Mannheim, Germany

E

Erich

Zurich, Switzerland

Joerg

Velen, Germany

Jeroen Decock

Gent, Belgium

Dave Bogard

New York, United States

A

Alexander

Innsbruck, Austria

W

Wade

United States

E

erica

antwerpen, Belgium

moursund

Beaver Nation, United States

Kevin

San Francisco, United States

M

Marc

Newcastle upon Tyne, United Kingdom

Mouhamed

United States

ME

Manaal Eisa

Washington DC, United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

Chris OConnor

Atlanta, United States

Pedro R-C

Cambridge, United States

Mattie Shaw

Seattle, United States

AH

ajay hampapur

United States

E

eriklonnroth

United Kingdom

Aran Dunlop

United States

TF

Tom Fawcett

United States

Rosario von Li

San Jose, Ca, United States

Eugen Stamm

Zurich, Switzerland

Cliff

United States

B

Barry

United States

Thomas

Sweden, Sweden

Gabriel Fenili

Santo André, Brazil

LD

Luã de Souza

Sydney, Brazil

DJ

David Jones

United Kingdom

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

DK

Danny Kelly

United States

RC

Rudi Chen

United States

Carla

United States

SB

Sue Bucholz

Sacramento, United States

Sara R

Leuven, Belgium

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

SA

Steve A

Newbury, United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

AS

Aida Smith

United States

SA

Shar Alamdari

Los Angeles, United States

J

jeananne

United States

J

jan

United States

S

Suzannah

New York City, United States

H

Hans

Czech Republic

WS

Warren Shen

United States

MF

Mike Frawley

United States

JA

Joshua Axtell

United States

Day Family

Melbourne, Australia

R

Ryan

Albuquerque, NM, United States

Ken

Mequon, WI, United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Dean Suminski

Portland, Oregon, United States

GS

Gary Sinard

Franklin, TN, United States

TB

Tim Barrett

United States

JF

J Fister

United States

A

Andrew

United States

R

RMIM

United States

DW

Dan Winetsky

United States

Tyler Metcalf

Utah, United States

K

Katherine

United States

ZS

Zach Silveira

Asheville, Nc, United States

JH

Jane Hanford

United Kingdom

Nethanel Kohen

NYC, United States

A

Anonymous

United States

HB

Hugo Boss

United Kingdom

MR

Micky Richards

United Kingdom

MC

Melissa Corrigan

Richmond, California, United States

AP

Ariel Pollak

United States

LM

Lee Montecucco

Washington State, United States

AA

Andrew and Kim

Nashville, TN, United States

FP

Fred Pratt

United States

J

JB

Germany

JM

Joseph Moore

United States

GP

Giacomo Poderi

Copenhagen, Denmark

Remo

Switzerland

B

Ben

United States

LT

Lisa Taylor

California, United States

GF

Gammon Family

United States

JA

Justin A

Fort Collins, United States

Frosty

North Pole, United States

DD

David DeBry

United States

E

Eduardo

Paraguay

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