Entrepreneur
Name
Wallace
Member since
April 2015
On-time repayments
21 installments • 0%
About Me
I have studied through hardships untill I completed my secondary school and later struggled till I managed to enroll to college to study business studies.I overcame hardships through little savings from the pocket money I received from parents.After College I was able to open a small retail shop from my savings and now I'm happy I'm earning from it.The unique feature about where I live is that people are not willing to engage in business but I have shown them the benefits of doing business. My yoyng kid also wants to be an entrepreneur.
My Business
I engage in entertainment business by running a musical band that involves performances at local restaurants and entertainment joints and also offer some financial advice to the locals. These entertainment services that I deal with are essential and in demand because people here have embraced entertainment as a way of spending leisure. My costs are generally high because I have to transport these music instruments from the town to reach my customers but I also enjoy the revenue I raise.I use the profits to pay for school fees as well as reinvesting in my services.
Loan Proposal
I am planning to invest in new music instruments to keep up with the changes in technology as well as to beat competitots in the industry.The current drumset is passed by time and a new one would do better at a cos of approximately $200.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jan 10, 2016
Repayment status
Late
Projected term
4 months
Lenders
Austin, United States
Raleigh, United States
Chicago, United States
Sydney, Australia
Shanghai, China
Fontvielle, Monaco, Yemen
Joliet, United States
Germany
United States
Germany
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