Capital for Software

Click Here to view this listing on Prosper
Listing Information
Amount: $9,000.00 Status: Loan created
Grade: B DTI: 12%
Lender Rate: 12% Borrower: Newfoundcash
Time Left: Finished State: CA
Funded: 100% Group: Always loan/Always pay
Loan Information
Loan Status: Paid Origination Date: 2007-03-26 EricsCC ROI: 11%
Status History
Mar 24, 2007 Current
Mar 29, 2008 Payoff in progress
Apr 03, 2008 Paid
Good Afternoon, I am a family man with 1 baby boy and a loving wife. We have been married for almost 2 years now.

I am interested in a small loan to increase my small business possibilities. Part of the funds will go to fund a software idea I have and would like to develop. The target market is the entertainment and gaming industry. It is a B2B software that will enable companies and websites to more effectively retain their customers by creating a more enriching experience.

My Finances:

I am a college graduate from UC Davis with a degree in Economics. I work with an International Distribution Company with a very high base salary and excellent year end bonuses. I am looking for this loan now versus waiting for another 10 months worth of savings.  

Monthly Income: $4500
After Taxes: $3750
Rent: $1400
Utilities: $50
Food: $250
Car: $235
Student Loan: $120
Other: $500-$750
Monthly Savings: ~$950 - $1200  

The above numbers do not include additional income from my online businesses nor do they include my year end bonuses. I currently have $1000 invested in prosper loans. I plan to pay this loan off within one year. The funds will be transferred to my Money Market Account where it will sit until they are used to pay programmers and developers for the project.
 
Feel free to ask questions through the Prosper system

 

Borrower's Other Listings
307559 Debt Consolidation (2nd Prosper Loan) AA $2,500 @ 8% Apr 11, 2008 Withdrawn

 

Discussion For This Listing
View Recently Discussed Listings »

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here