Small Business Wants to Grow
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,001.00 | Status: | Loan created |
| Grade: | D | DTI: | 244% |
| Lender Rate: | 24% | Borrower: | bigwcr |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-12-08 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Dec 08, 2006 | Current |
|
Hi, my name is Warren
[LAST NAME DELETED]. I am a 21 year old college student at Georgia State
University currently majoring in Business Management. I am here on
Prosper looking to take advantage of this online oppurtunity to get a
loan for a small business I started this year. The name of my business
is In Demand Trading and we sell in demand electronics and
accessories. The focus right now is to develop the online retailing
aspect of the business through Ebay where I am currently having much
success. If you are familiar to Ebay you can look me up by clicking on the following link EBAY ONLINE BUSINESS My user name
is cellularandmorewireless. The loan would be used to purchase products
in a larger quantity in order to get a greater discount and improve
profit margin. Also, I would like to purchase a greater variety of
products which this loan would allow me to do which would also increase
my income. I currently live at my mothers house which is good for me
because it cuts my expenses down as opposed to when I was living on my
own 3 months ago. My car is paid off. The reason for my DTI being so
high is that I do not have a recorded income because I have been
working with my father for his small real estate company but I am going
on my own path now. Monthly Income: $1500 Monthly Expenses Credit Cards: $300 Gas: $250 Food: $80 Cell Phone: $67 Prosper Loan Payment: ~$120 Total Expenses: 817 Net Income: 683 With this loan being used to generate more income I would be able to pay it off much earlier than the 3 year term including interest. Thank you for you consideration Prosper members. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 65026 | Additional Capital Needed for Small Business | D | $3,001 @ 18% | Nov 21, 2006 | Withdrawn |
| 66571 | Small Business Wants to Grow | D | $3,001 @ 20% | Nov 26, 2006 | Withdrawn |
| 287214 | Small Business Needs Capital | C | $5,000 @ 23% | Mar 03, 2008 | Expired |
| 291272 | Ebay business needs a boost | C | $5,000 @ 19% | Mar 10, 2008 | Withdrawn |
| 293137 | Ebay business needs a boost | C | $5,000 @ 29% | Mar 13, 2008 | Withdrawn |
| 294801 | Ebay business needs a boost | C | $3,001 @ 18% | Mar 17, 2008 | Loan created |
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