This week we have another fascinating borrower interview for you. Sudhir is a successful Indian eBay seller with a strong reputation on Bitbond.
His loan is only running for a few more days, so be quick if you want to help him fund the growth of his online business! Without further ado, let’s get started!
Bitbond: Thank you very much for taking the time to talk to us. When was the first time you heard about Bitbond?
I first heard about Bitbond around September 2015, when a friend that is also a user on the platform recommended it to me.
I started using Bitbond that very day and I became a borrower.
Six months on and I am still using it, in order to get the capital I need for my business.
Bitbond: Great. Since when have you been running your own business? Could you tell us a bit more about what you do?
It has been a year since I started my business here in India. I have an online business where I sell clothing and apparels.
Bitbond: Nice. How come you ended up starting this business and why have you chosen this particularly niche?
I always wanted to be an entrepreneur, but it requires capital. So I worked hard and saved most of the money for my business.
Technology is improving day by day and people want to shop from the comfort of their home. The Telegram was replaced by Direct Mail. Then Mail got replaced by E-mail. Now we have many social messaging platforms where you can reach anyone all around the world.
But certain basic needs – like clothes and food – don’t change. So this is the main reason why I came into the Clothing business in particular.
Bitbond: Cool! Why did you choose Bitbond over a bank?
Business is all about cashflow. One should have enough to keep the business running.
Bitbond provides me with a way to control the flow of money whenever I need.
Bank asks for a security and the process of getting a loan totally funded in my country is a huge task.
It involves a lot of paperwork and multiple trips to the bank just to get approved.
With Bitbond however, I can relax at home and take out a loan hassle-free.
Bitbond: What is your favorite feature on Bitbond? What features do you think are missing?
My favourite feature is getting the loan in USD currency.
As everybody is aware, the value of bitcoin can fluctuate more heavily than other fiat currencies. Therefore, I like to have the option of requesting a loan in USD – something I miss on other platforms.
Although early repayments are allowed, it is only allowed after the 1st due payment. If there was an option of making the payment as early convenient, that would be great.
Bitbond: What would you want potential investors to know about your business and your ongoing loan?
Keep funding and help people like me.
As Bitbond verifies all the information provided, its risk-free and an absolutely solid investment. All investments are highly appreciated
I would also like investors to pay attention to my payment history.
Reputation in a community like this will dictate future opportunities. I am also open to any questions investors may have and respect the fact that they are people just like me looking to better their personal financial situations.
Thank you for the amazing interview!
Sudhir’s loan is going on for more 13 days! Don’t miss it!
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