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D7559ed7 b7a9 436e 8a2f 423c5c973362

@3DA8AS8622

Borrower rating at loan publication

location_on Guangdong, China

insert_emoticon First time borrower

account_balance_wallet 2,000 EUR gross monthly revenue, self-employed

business Works in other service activities

Working capital loan

ID: 3WS2DWA8VS

I'm a German Amazon consultant, currently living in Guangzhou, China.
My monthly income is about $2500-$4000 from my Amazon consulting business (www.azonservices.com).
I recently started to sell on Amazon myself and plan to expand agressively since I'm an expert in Amazon marketing, living in China gives me also direct access to many suppliers in the region.
The Amazon store was launched on January 28th 2017 with a single product (clothing accessory) and a total investment of $1400 (for sourcing, shipping and quality inspection), the current revenue stands at $2,392.95 with 301 units sold (as of February 23rd 2017). At a conservative estimate of 10 sales per day (currently selling slightly more), the exp. monthly revenue is $2400 with a profit of $840 (35% margin).
I'm planning to expand the product line as fast as possible, since I similar success with other products, therefore I'm looking for a loan of $5000 to fund the launch of new products. Plan to repay within 6 months.

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