Adding new employee to freelance writing business

Paul

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Paul

Member since

January 2015

On-time repayments

27 installments  •  22%

About Me

Am a young man married to Janelle and together we have a daughter-Elsie, currently am an academic writer and dairy farming researcher who also have passion in farming that i want to later expand to HAVING GROWN IN A FAMILY THAT STRUGGLED TO FEED It Self. i want to establish a dairy products plant later to save a generation in my home village. To accomplish this capital intensive venture, I have a group of writers who i source jobs for and i pay them, EVERY TWO WEEKS en route to raising capital.Jobs are bid all nights through and assigned to writers by the morning to specific writers.This is done by morning and order follow up is done the entire day.Returning of orders Writers receive their orders by 7Am in the morning, send a comprehensive draft by 9Pm, second draft incorporating the clients input if any by noon, 3rd draft by 3Pm and the final product by 6Pm.
Job uploading
Jobs are uploaded for the clients every day by 7:30PM.
I am taking advantage of huge research orders that i have and i need to buy a new laptop before the clients pays for the product. so that a may be able to take my business to the next level. ..that is why i need this loan soonest to support the project

My Business

MY BUSINESS
With a group of academic writers that earn USD800 , most OF WHICH at the moment goes to expenses. Leaving me with at least USD350 for my family. that is why i need a new computer to monitor my business successfully since the one that i had , the one with picture just fell and crushed and cant access the internet .....
Thank you my lenders for your financial assistance. My business is doing well and i need to go to the next level , where am sure i will satisfy the market challenges of monitoring my two workers from far and even employ some more. the initial capital to start my business is a challenge since I now need a cyber to be my office with minimum 5 desktops computers and i intend to buy them one by one . That is my next course of action . I need to have writers under one roof so that we can handle challenges, like electricity black outs via generator, poor internet,sickness,faulty machine etc from one roof.
That is why i am appealing for a loan to make this dream a reality.

Loan Proposal

i need ti buy a new laptop since mine just fell and crushed and i need a new one very urgently to avoid going back to where i have come from- abject poverty, I normally receive payments for work done every 18 days and so I need to pay my 2 writers earlier and in time so that before the client pays, work proceeds smoothly. That is why I need this loan to achieve the dream.
I have to pay the following writers
USD200
Now that I do not qualify for a higher loan i will be raising the rest of the money through my savings but after repayment i hope to get a higher loan in future so that i realize the dream AND several leaned young men and women who are yet to be employed

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 5, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

KYLE LARSON

Little Falls, United States

Freewolf

Salt Lake City, United States

JJ

Jacob Jones

United States

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