Entrepreneur
Name
Yao
Member since
May 2014
On-time repayments
37 installments • 38%
About Me
I am in my early thirties divorced with three kids, I have always have this passion for jewelleries,I have always dream about owning a jewelry production out let where the raw materials from the local mining areas will be turned into authentic jewelry with real meaning and significance for export. There are unique symbols in our traditional settings that tell a lot of story and serve as inspiration, my aim is to incorporate these symbols into jewelleries,I, I that will seek to inspire and motivate people.
My Business
Through its business of outsourcing production and export jewelry, the Company has observed that there are many untapped potential markets within the Jewelry industry abroad that desire high-quality, stylish goods,with symbols that have make sense As a result, it plans to produce the jewelry itself. It will capitalize on the availability of raw materials, engineering and manufacturing used to build the Jewelry.
One of the most important recent trends is that potential Gold buyers are willing to spend higher amounts on Gold because of the enhanced image appeal and investment potentials. Therefore, a company that can build a substantial brand image in this industry gains a significant competitive advantage. It is the aim of YAO IMPEX LTD to capitalize on its high quality and reasonable price while pursuing the innovative styles necessary for brand building.
The Company has already invested $24,175 in Motor Vehicles, Legal Fees, Rent, Fixtures & Fittings, Office Equipment, and Project Planning. It is seeking $71,323.35 in funding to acquire Production Equipment, additional Furniture and Working Capital to begin production.
Loan Proposal
One of the most important recent trends is that potential Gold buyers are willing to spend higher amounts on Gold because of the enhanced image appeal and investment potentials. Therefore, a company that can build a substantial brand image in this industry gains a significant competitive advantage. It is the aim of YAO IMPEX LTD to capitalize on its high quality and reasonable price while pursuing the innovative styles necessary for brand building.
The Company has already invested $24,175 in Motor Vehicles, Legal Fees, Rent, Fixtures & Fittings, Office Equipment, and Project Planning. It is seeking $71,323.35 in funding to acquire Production Equipment, additional Furniture and Working Capital to begin production.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Mar 4, 2015
Repayment status
Late
Projected term
6 months
Other loans
Lenders
Hong Kong, Hong Kong
North Carolina, United States
Nepean, Canada
Orlando, Florida, United States
Germany
United States
Germany
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$53.33
Amount remaining
$183.33
Expected completion
Sep 6, 2015
Status
Repaying late
Installment amount
$11.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 15, 2015 | $21.00 | Feb 22, 2015 | $0.33 |
| Mar 16, 2015 | $20.67 | ||
| Mar 22, 2015 | $21.00 | Mar 16, 2015 | $0.33 |
| May 1, 2015 | $20.67 | ||
| Mar 29, 2015 | $0.33 | May 1, 2015 | $0.33 |
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $0.00 | ||
| May 3, 2015 | $0.00 | ||
| May 10, 2015 | $0.00 | ||
| May 17, 2015 | $11.00 | May 18, 2015 | $11.00 |
| May 24, 2015 | $11.00 | ||
| May 31, 2015 | $11.00 | ||
| Jun 7, 2015 | $11.00 | ||
| Jun 14, 2015 | $11.00 | ||
| Jun 21, 2015 | $11.00 | ||
| Jun 28, 2015 | $11.00 | ||
| Jul 5, 2015 | $11.00 | ||
| Jul 12, 2015 | $11.00 | ||
| Jul 19, 2015 | $11.00 | ||
| Jul 26, 2015 | $11.00 | ||
| Aug 2, 2015 | $11.00 | ||
| Aug 9, 2015 | $11.00 | ||
| Aug 16, 2015 | $11.00 | ||
| Aug 23, 2015 | $11.00 | ||
| Aug 30, 2015 | $11.00 | ||
| Sep 6, 2015 | $18.33 | ||
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