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Friday, May 4, 2012

LOAN APPLICATION

The financial issue in running a business is now setting in. I have located a store space for my school and office supplies. By the month of June I will be starting the operation. The issue now is the cost of the rental and the refurbishment of the office. It will me cost me more than a hundred thousand for this. Thinking about it makes me stressed out especially that I lack the money to finance the refurbishment. I had to make a way to solve it so I filed a loan with a micro financing institution where I am a member of. Next week is the release of the loan. I would feel the negative effect of this when I will have to pay for the monthly amortization from my salary. Hah, it is stressing but I can cope. I am positive I can. The increase in my salary this coming June will somehow lessen the impact of this loan from my household expenses.

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