Entrepreneur
Name
Catherine
Member since
September 2018
On-time repayments
23 installments • 48%
About Me
I am 26 year old. I am an Administrative Assistant working in the private sector.
My Business
My business entails selling tapestry tablemats online to my Facebook and instagram customers. I get my profits from the sales whereby I purchase from wholesalers at a fair price and sell at a profit to my online customers. I would like to introduce Ankara fabric to my existing business so that it can boost my business.
Loan Proposal
I would use the loan to purchase more stock for my online business;
The buying price for a set of table-mats is $11, The selling price (inclusive of delivery fees) is $17-$20, depending on the location of the customer.
The buying price for 1 6-yard Ankara Fabric is $10, The selling price (inclusive of delivery fees) is $17-$20, also depending on the location of the customer.
From the above projected profits, I will be able to purchase more stock, grow my business and repay my loans on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Oct 18, 2018
Repayment status
On Time
Projected term
3 weeks
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