Entrepreneur
Name
Daniel
Member since
February 2017
On-time repayments
23 installments • 4%
About Me
I grew up in a family of six and barely finished college. I had to go into an apprenticeship program to gain skills to earn income to finish school. As fate would have it i never did but saved up to open a small wholesale goods business from home. I have gained a lot of respect from my peers pulling myself from my circumstances. I would like to pass on my life skills and experience to others to overcome challenges
My Business
We are a small wholesale business. Our main client base is middle to low income earners looking to purchase affordable shopping without breaking the bank. We mainly work with young entrepreneurs and other small businesses to help support them as much as possible. We have very low overhead as i currently use a coverted store in my home as a mini warehouse. However we are soon out growing this due to increased demand for our services. Profits from my business support my family of three and extended family of six.
Loan Proposal
I would like to purchase a new cake mixer for my business. The mixer costs $30and I have raised half the cost from proceeds. A mixer would greatly increase our output as we currently do everything by hand. We are currently doing two cakes a week and hope we can double this number. We would like to use the proceeds to train other youth with life skills
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Sep 10, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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