Entrepreneur
Name
Edwin David
Member since
June 2015
On-time repayments
30 installments • 73%
About Me
I run a chain of stationery shops . the shops are six and located in different towns adjacent to each other . I've employed 20 employees . I'm a phd student ,a single parent , and a social worker for communities around my businesses.
My Business
my stationery business has six branches running in different towns. I've employed 20 employees from communities around my branches. each branch has an average net profit of € 2000. The projection this year is to expand 4 more branches and diversify my products.
Loan Proposal
I've got six shops in 6 towns adjacent to each other. I've acquired a centralised office for management purposes. The loan will be an additional capital for purchasing one laptop and a computer . The furniture is already ordered. I look forward to open the office in February. The net income per month from the 6 shops is adequate to pay the loan in 4 weeks.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$424.59
Date disbursed
Feb 6, 2019
Repayment status
On Time
Projected term
4 weeks
Cost to entrepreneur
Service fee: $17.89
Credit risk payment:
$71.56
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