Working capital shore up

Olumide Adebayo

Badagry, Nigeria

100% repaid

Entrepreneur

Name

Olumide Adebayo

Location

Badagry, Nigeria

On-time repayments

100 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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Lenders

Jeff and Marcie

Portland, OR, United States

Remo

Switzerland

Frosty

North Pole, United States

Matthew

New York, NY, United States

Gabriel Fenili

Santo André, Brazil

Mattie Shaw

Seattle, United States

soniad

Dubai, United Arab Emirates

Erica

Caledon, Canada

Paul and Rachel

London, United Kingdom

Nethanel Kohen

NYC, United States

Ken

Mequon, WI, United States

peanut

Halifax, Canada

Tyler Metcalf

Utah, United States

Rosario von Li

San Jose, Ca, United States

Dean Suminski

Portland, Oregon, United States

Day Family

Melbourne, Australia

Suman

Gold Coast, Australia

HCPSPIRIT

Helsinki, Finland

Cloudways

Malta, Malta

Angela Linwood

Minneapolis, Minnesota, United States

Carla

United States

Sara R

Leuven, Belgium

Pedro R-C

Cambridge, United States

Thomas

Sweden, Sweden

Aran Dunlop

United States

Cliff

United States

Eugen Stamm

Zurich, Switzerland

Carla

Amsterdam, Netherlands

DavidHS

United Kingdom

MrMichigander

Marquette, United States

ads68

Melbourne, Australia

Chris OConnor

Atlanta, United States

ErikN

Stockholm, Sweden

JOKer

Weisendorf, Germany

chriseyre

Fremont, Ca, United States

Mouhamed

United States

Kevin

San Francisco, United States

moursund

Beaver Nation, United States

Mike and Jacqui

United Kingdom

JonB

London, United Kingdom

Pierfausto

Rome, Italy

AllieJ

Camberwell, Australia

adrianz

United States

sderickson

Berkeley, CA, United States

reluck

Marseille, France, France

Dave Bogard

New York, United States

Jeroen Decock

Gent, Belgium

Joerg

Velen, Germany

Grant Xavier Storer

Seattle, Wa, United States

mikeice

Kohler, United States

NedRyerson

Munroe Falls, United States

indrayudha

Jakarta, Indonesia

JTShorty

Gorham, Maine, United States

Patrick

Berlin, Germany

nmatpt

Lisboa, Portugal

VALEK

Canberra, Australia

Cadwah

Barcelona, Spain

Christopher

Copenhagen, Denmark

Hype1

Ashburn VA, United States

Blake

Rockford, United States

Andreas1974

Fristad, Sweden

Sundstroms

Falun, Sweden

rodcul

Altea, Spain

johnandmoliehi

Canton, New York, United States

AltruisticSelfishnes

Chicago, United States

E

Erich

Zurich, Switzerland

W

Wade

United States

M

Marc

Newcastle upon Tyne, United Kingdom

P

Patrick

Australia

B

BronxJose

Bronx, United States

I

ianb723

ROCHESTER, United States

R

RMIM

United States

DW

Dan Winetsky

United States

B

betagal

Geneva, Switzerland

L

leeirel

Edmonton, Canada

T

tmsaddress

Orlando, Florida, United States

B

bscent

Hong Kong

I

isaac

United Kingdom

JF

J Fister

United States

T

ThereIsNoGod

Singapore, Singapore

JC

Justin cohan

United States

K

kennychit

United States

A

Aaron

Zurich, Switzerland

FP

Fred Pratt

United States

DD

David DeBry

United States

F

FHult

Stockholm, Sweden

LM

Lee Montecucco

Washington State, United States

BJ

Brandon Joz

North Carolina, United States

K

Katherine

United States

S

Suzannah

New York City, United States

DK

Danny Kelly

United States

T

Tim47

United States

SA

Shar Alamdari

Los Angeles, United States

IH

Isaac Hileman

United States

V

Vidar

Oslo, Norway

JA

Joshua Axtell

United States

G

GalantnostS

Hong Kong, Hong Kong

W

Witlof

Tsukuba, Japan

A

Andy

Berlin, United States

P

Prysdahl

Marshall, United States

S

SuzanneD

United States

R

RonEddy

United States

WS

Warren Shen

United States

J

JohnH

Livonia, Michigan, United States

L

ldron7

Utah, United States

NG

Nick Gorrell

Surfers Paradise, Queensland, Australia

J

JB

Germany

B

Bavarian

Bavaria, Germany

D

Dalton

San Francisco, United States

MP

Matt Patton

United States

JA

Jan Andresen

Hamburg, Germany

U

UTLonghorn

Lincoln, United States

E

eriklonnroth

United Kingdom

B

Barry

United States

A

Alexander

Innsbruck, Austria

K

Keith

Luxembourg

E

erica

antwerpen, Belgium

G

Gwencalon

Garching b. Muenchen, Germany

JA

Justin A

Fort Collins, United States

ME

Manaal Eisa

Washington DC, United States

GP

Giacomo Poderi

Copenhagen, Denmark

MB

michael breen

United Kingdom

R

roozbeh

United States

JH

Jane Hanford

United Kingdom

J

jan

United States

A

AlexCheng

Seattle, United States

KA

Kate and Tom

United States

AP

Ariel Pollak

United States

LD

Luã de Souza

Sydney, Brazil

B

Ben

United States

A

Anonymous

United States

M

marvin24

Giessen, Germany

C

cfaul

Seattle, United States

P

Peksa

Espoo, Finland

AA

Andrew and Kim

Nashville, TN, United States

MW

Matt Willis

United States

SA

Steve A

Newbury, United Kingdom

G

GanSatya

United States

MF

Mike Frawley

United States

TH

tom hd

United Kingdom

JM

Joseph Moore

United States

S

SvenWaage

Stavanger, Norway

GS

Gary Sinard

Franklin, TN, United States

D

DRSZ73

Portsmouth, United Kingdom

M

merk85

United States

A

Andrew

United States

R

Ryan

Albuquerque, NM, United States

J

jenda

Czech Republic

HB

Hugo Boss

United Kingdom

AH

ajay hampapur

United States

TF

Tom Fawcett

United States

M

MarkAndMary

Seattle, United States

RG

Ravi Gadad

United States

C

Colmena

Chicago, United States

Z

zemaj

Sydney, Australia

MC

Melissa Corrigan

Richmond, California, United States

A

AndrewC

London, United Kingdom

J

janakan

Hong Kong, Hong Kong

Z

zvrk2014

Brookline, MA, United States

S

Stephan

Netherlands

SB

Sue Bucholz

Sacramento, United States

J

jeananne

United States

G

glh25

Winooski, United States

N

nycjen

United States

S

sebseb

The Hague, Netherlands

SE

Sven E

Mannheim, Germany

F

fake_name

Boston, United States

C

cngilkd

gaithersburg, United States

AS

Aida Smith

United States

ZS

Zach Silveira

Asheville, Nc, United States

LT

Lisa Taylor

California, United States

V

Valis

Singapore, Singapore

P

Peter

Germany

B

brianchicago

United States

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Loan Info

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

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