Grow music store and after school program

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Listing Information
Amount: $3,500.00 Status: Loan created
Grade: D DTI: 42%
Lender Rate: 19% Borrower: rnrmusik
Time Left: Finished State: GA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-10-03 EricsCC ROI: 16%
Status History
Oct 03, 2007 Current
 Firts of all thank you for looking at my profile

Purpose of loan:
 
 To grow my music store and also to create an afternoon music lesson program, I started my business 3 months ago and I've seen the growth it's had, and believe it or not I get a lot of request for music lessons, see the area where my store is located there are alot of children and they don't have many after school programs available to them, at this time I open the store on saturday and sunday only, the reason is I have a full time job as a medical interpreter, so I'm only doing the store part time but I want to get to the point where I do it full time.


Monthly net income: $ 2500 
1500 from my full time job 
1000 from the music store  

Monthly expenses: $ 930
  Housing: $ 200 live at home with parents
  Insurance: $ 120
  Car expenses: $ 475
  Food, entertainment: $ 90
  Credit cards: $ 25 (visa) 20 (macy's)
  
  The rest of the money earned is to pay my prosper loan and re-invest in the store.
Borrower's Other Listings
190327 Stock up on school band instruments D $9,999 @ 23% Aug 20, 2007 Expired
197461 Expand my business D $9,999 @ 28% Sep 04, 2007 Expired
200913 Re-List: Grow music store and after school program D $7,500 @ 26% Sep 12, 2007 Withdrawn

 

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