Preparing for arrival of my and my wife's baby

Entrepreneur

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

My wife is getting due for delivery with less than 2 months to go, I need to start fixing the home for her before her Expected Delivery Date (EDD).
This will help me have the items on the delivery list put in place in time.
There will be more expenses coming my way as a result of the complications for this very delivery, being that she has had two CS operations for our last two kids in the past 3 years, and this delivery has been pre-advised to require procurement of Rogam, Operation deposit, and hospital fees all coming at a high cost. I need to get the finance ready to sort all these out, including relocating to a bigger apartment that will accommodate my wife and the new baby with my two kinds and me, and our dependent as well.
We currently live in a single family 1 BDR flat, and our rent has expired since the 11th of August, so everything is getting us choked coupled with the fact that we didn't have anything doing to earn regular income during the Lock Down, now, we are only able to feed, but we need to secure our shelter and take care of other needs, prepare for our new baby, and pay our bills. It's really critical that we are able to do all these because they all necessary for us.

Income Source

To repay the loan I am relying on a trade between me and a new business partner who is helping me to start computer and phone accessories business, while doing baby wears product sales too. These are side income options we have considered outside the main business that has brought us together.

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Loan Info

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