Relocating my family to a new apartment
Francis
Port Harcourt, Nigeria
100% repaid
Entrepreneur
Name
Francis
Member since
September 2020
On-time repayments
24 installments • 25%
About Me
I have been helping many people set up and grow their own business as their content development strategist, working independently for the past 8 years.
I have had the opportunity of believing in myself, and by following my convictions every time, I have been able to overcome the challenges posed by naysayers around me.
I started my own startup named Frotbanks LLC by realizing the opportunity in banking and finance, especially with the opportunity for being a funding intermediary for supply chain transaction financing, and so I partnered with financing teams to help me service my clients.
I am proud of my nationality because it gives me the opportunity to do business with the government and bank, where I could become a developer of real estate assets and do much more in the oil and gas, power and energy industry, agriculture, education and financial services where there are several obviously observable gaps.
My children will be able to take on the mantle of leadership in the different departments of my startup, because I already created portfolios for them which means they will bear the responsibility for ensuring the sustainability of the startup when they grow up.
I spend 98% of my time everyday on the internet, researching, reading, writing, designing and developing new contents, my hubby is creative writing.
My Business
I am helping to promote a culture of collaboration in my society, and that is what my business is about.
I provide educational products to people who seek to make a living off the very little things they do, such as social media engagements. That's why I built the FINLEAD platform, where people on social media could start learning to understand and apply the concept, principles and practices of financial leadership, through financial literacy and social network building and team leadership.
I chose this kind of business because I love helping people become their best self, and I do it by creating contents, products and services that have my personal marks of commitment and care on them, and I love being personally involved in the lives and businesses of people I reach out to through my business.
I typically spend money on website hosting, library collections and cataloging, digital marketing, application software integration and premium package subscriptions for the effective functionality of my website, I am also looking to localize my business and so my business costs will increase to include office space management and, setup, maintenance, personnel, research, inventory management and utility costs.
The profit of my business helps me pay my bills, fend for the home, reinvest in the business, build new products, and expand my inventory.
Loan Proposal
I need to move my family to a new apartment. We are moving because a new baby is coming and we can't live in our old apartment because our family size will be increasing in 1 month from 4 to 5. We want to fix our home before our new baby is born.
Income Source
I will repay with other transactions I am already into, which involve sales of some products for which payment has not been made by my customer.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$70.00
Date disbursed
Sep 30, 2020
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Taiwan
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