Entrepreneur
Name
John
Member since
January 2014
On-time repayments
20 installments • 20%
About Me
Am self employed seeking for funds to improve our business. We deal in export of fishing related items and we are seeking to get a loan to boost our fishing flies supply. We shall ensure we pay on time all our loan.
My Business
My Fly Business is my source of income and its where the proceeds towards loan repayment will be derived. I have an approximate turn out of around 75K per Month ( Around 900USD in months where the business is good.The business operates throught the year therefore the flow of income is continuous. Clients prefer the products from us because they are of best quality and better priced. The only challenges we face is a little competition from other suppliers. With this loan, it will help boost our production capacity.
Loan Proposal
With this loan it will help me increase the inventory of materials for our fly business. This will be of much boost to our business which we project to have an increase in production by an extra 5%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Oct 5, 2018
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
Taiwan
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