Marketing money for Wiggle Giggle Learn
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 28% |
| Lender Rate: | 18% | Borrower: | tatey |
| Finished | State: | SC | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-30 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jun 28, 2008 | Current |
|
Purpose of loan: To fund marketing efforts for our website - www.wigglegigglelearn.com - We have just completed a 9-month BETA test with 300 families across the country that helped us get the product "right" for parents everywhere. We need additional funds to reach our target market in a variety of marketing platforms. My financial situation: I am a good candidate for this loan because I have no other revolving debt. I work a full-time job and two part-time jobs. My sister and I run the company together and sales are going up everyday. Between my paychecks and the revenue from the business, there will be more than enough money to repay this loan. I have owned my own home responsibly since I was 21 years old (17 years) and I live well below my means. I am single and have three roommates who pay room & board, which pays for the mortgage and utilities. Mortgage = $750 per month Utilities = $180 per month Car Insurance = $50 per month (no car payment) Gas = $200 per month Food and entertainment = $300 per month Cable/Internet = $115 per month Business expenses = $200 per month I bring home $700 per week with all jobs combined. This doesn't include the room and board from my roommates. Wiggle Giggle Learn was chosen as a top ten finalist for YAHOO! and CAROLYN KEPCHER's (formerly Donald Trump's sidekick) empowering women entrepreneurs grant in April. We were in the top ten of over 5,500 applicants. Their support and feedback has helped us open our company doors with confidence and excitement. I appreciate your support of this loan and our company. P.S. - About the delinquencies: In 2003-2004, I changed jobs and became overwhelmed with everything new in my life. All bills were drafted from my bank account except for the three credit cards with balances. After pulling my credit report, I saw these eight delinquencies were all 30-day late payments to those cards. I have not used a credit card since 2004 because I refuse to get into that situation again. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 346848 | Marketing money for Wiggle Giggle Learn | A | $15,000 @ 22% | Jun 08, 2008 | Expired |
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