user:1 Farmer

Aminu Hamsudeen

Farmer Aminu has just harvested 100 bags of Maize from his farm in Funtua, Katsina State. Aminu has 4 rooms in his house, he occupies one room, whilst each of his 3 wives shares their rooms with their respective children. Aminu does not want to leave his grains outside because of pests so he takes them to a warehouse 2km from his house to store.

Farmer Aminu has just harvested 100 bags of Maize from his farm in Funtua, Katsina State. Aminu has 4 rooms in his house, he occupies one room, whilst each of his 3 wives shares their rooms with their respective children. Aminu does not want to leave his grains outside because of pests so he takes them to a warehouse 2km from his house to store.

user:2 Business/Organization

Mark and John

Trade Co. is a business owned by Mark and John. They have aggregated 500 bags of Maize which they intend to export, however, their export contract is for 2000 bags and they have run out of money. Mark and John intend to use the 500 bags they have as a collateral to lend money from a bank so that they can buy more grains to fulfil their export contract. So they take the 500bags to the warehouse, place it in storage and pledge the receipt to a bank who accepts the collateral by placing a lien on them via the system until the loan is paid back.

Trade Co. is a business owned by Mark and John. They have aggregated 500 bags of Maize which they intend to export, however, their export contract is for 2000 bags and they have run out of money. Mark and John intend to use the 500 bags they have as a collateral to lend money from a bank so that they can buy more grains to fulfil their export contract. So they take the 500bags to the warehouse, place it in storage and pledge the receipt to a bank who accepts the collateral by placing a lien on them via the system until the loan is paid back.

user:3 warehouse

Jenifer Eyo

The warehouse manager is a staff of a warehouse operating company/ collateral manager (“Tenant”). He is stationed at a warehouse and is responsible for the intake and outflow of commodities from the warehouse. He also ensures that the quality and quantity of the commodities are maintained through the period they are held at the facility. He is responsible for registering clients, creating warehouse receipts and managing withdrawals from the facility.

The warehouse manager is a staff of a warehouse operating company/ collateral manager (“Tenant”). He is stationed at a warehouse and is responsible for the intake and outflow of commodities from the warehouse. He also ensures that the quality and quantity of the commodities are maintained through the period they are held at the facility. He is responsible for registering clients, creating warehouse receipts and managing withdrawals from the facility.