Entrepreneur
Name
Tobby
Member since
July 2015
On-time repayments
131 installments • 18%
About Me
am a first born in a family of six, a graduate and an owner of a wines and spirits venture.
Being the firstborn meant that i learnt to be a responsible person at a tender age.
I started my business with my savings from doing manual job since being an enterprenuer has always been my dream.
my hobbies include watching movies, football, documentaries and reading novels.
My Business
my business entails selling wines, spirits and soft drinks.
i decided to venture into this business to fulfill what i perceived as a demand for such commodities.
my typical costs include:
Rent- $111
water and electricity bills- $55
The business raises an income of $350.
Most of the net profit are usually ploughed back into the business.
Loan Proposal
With this loan i will purchase:
wines $70
soft drinks $140
This will further boost the stock interms of volume and variety.
More volume and variety will enable customers to find more products thus boosting profit margin.
I project an increase in profit by at least 15%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$219.00
Date disbursed
Dec 31, 2015
Repayment status
Late
Projected term
26 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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