p2p lending at lending club
Meeting the Growing Demands of my Business

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Listing Information
Amount: $3,000.00 Status: Expired
Grade: HR DTI: 15%
Lender Rate: 35% Borrower: dough-harbor578
Time Left: Finished State: FL
Funded: 12% Group: (No Group)
Purpose of loan:

This loan will be used to purchase 3,000 cd's that I have already recorded. At $18 per cd that is $54,000 worth of product that I expect to sell in the next 3 to 6 months. I recently signed distribution contracts for USA and Europe with Music Design / EMI, New Leaf, White Swan and a wonderful promoter. Of course, I am delighted to be teaming up with such established distributors, who will assist us in getting my music into the stores, and yoga centers everywhere. Beneath The Rose, my new CD release has been selling very well, in fact I am almost sold out! My website has been renovated to support the amount of traffic coming through my site. All cd releases and tour dates will be announced from my website communications newsletter quarterly. I just finished a tour of yoga centers, churches and festivals through all of Florida, Georgia, Virginia, South Carolina and North Carolina, and am taking a break to record my next CD in the new home studio we have created. I am also working on a series of beautiful paintings for a womens empowerment card deck and book. My goal is to help inspire and uplift women of all ages through their natural cyles of life with all it's varieties of ups and downs. An announcement will be made when it is ready for sale. I am being featured in Yoga Magazine the next 3 months (October, November & December) with a great review for my CD Beneath The Rose, and I am also being published as an author with my article "The Yoga of Self-Expression" in the November issue. I have more articles underway, I'll post all my articles on my website at time of publishing. I also have great coverage in the very beautiful Faery Magazine (www.faerymagazine.com) in their winter issue (October 1st - January 2009) so look out for that. I will also be featured in the Conscious Media Network (www.consciousmedianetwork.com) in October.

My financial situation:

I am a good candidate for this loan because I have a steady income of $4,000 per month . Plus the income I make on the sale of my cd's, which this loan will again give me $54,000 worth of product, and I have such brilliant advertising happening now with major distributors, and my touring.

Monthly net income: $4,000+

Monthly expenses: $ 1,900.

Housing: $ 510
Insurance: $ 100
Car expenses: $ 400
Utilities: $ 150
Phone, cable, internet: $ 100
Food, entertainment: $ 500
Clothing, household expenses $ 50
Credit cards and other loans: $ 40
Other expenses: $ 50
Borrower's Other Listings
409807 Meeting the Growing Demands of my Business HR $1,000 @ 20% Oct 07, 2008 Loan created

 

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