Entrepreneur
Name
Edwin
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
The loan will be used as additional capital to refurbish my new shop. This is my 6th branch. The stock and licences have already been paid. I will offer employment to three people. This shop will increase my total profit margins by 10percent. I.e 1700 dollars. The loan is secured . The projected monthly profit from this shop is 2000 dollars per month . I look forward for a favourable consideration
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$424.00
Date disbursed
May 16, 2018
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Switzerland
United States
United States
Ask Edwin a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...