Business

Help me settle my debts

by Arijit Das
Created Sep 02, 2022 | India
$0 raised of $110,000 goal 0.00%
  • 0 Donations
  • No deadline
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Hi my name is Arijit Das; I live in Kolkata, India. I am still unmarried but I live with my family which consists of me & my mom. My elder brother & his family also stay at the same house. But they are separate. I run a small business with a friend.

I wanted to start an affiliate marketing business around (month, year). I was so excited that I am finally starting a meaningful business that I can rely on for survival, I got in touch with a freelancer Mr. Brett Bernard and he was going to help me start an e-learning affiliate marketing business. Due to my enthusiasm, I did everything to make sure we start well. Although, I didn’t have much capital to start up so I borrowed a lot of money from my friend circle, up to $50,000 and we did everything to make sure the business work. I literally spent all the borrowed funds even with my personal savings. I am not the lazy type, although I wasn’t getting a good pay from my Job then, but I always work hard to get paid higher. We did everything the business requires but the project failed because we did not make a single sales. I need to pay back all this debt within November, 2022 and revive my business again as it my only hope of survival and this is the only I have deep passion for. I’m not actually doing anything meaningful. Currently I am raising funds pay off the debts of about $50000, to revive the business and buy a house I can live in. I don’t have any asset or a house to stay in and the business is my only hope of survivals. I already owe almost everybody in my friend circle, and I have to pay back. Once am able to pay off the debt, I plan to get my own house and re-invest in my business. https://outthinc.com/ is the name of my business for which I have lost the whole money and got indebted. It was basically an e-learning business. Earlier I tried to do affiliate marketing for Coursera. But it failed. Now, I shall have to prepare good online courses with the assistance of some good Edtech Consultants. But for doing so, I shall again be requiring a huge amount of fund only for the purpose of setting & running the business. That project will be an entirely different one and it will be the next level of operation. Right now I would be requiring the fund as a pre-operative expenditure of the business. I am doing this because I have no other financial to implement my business idea and pay all my debts. I don’t way to stay idle or become a bad person so I want to meet up with deadline. I am planning to use the collected funds as follows; $50, 000 to pay off all my debts $10, 000 to acquire the necessary training, hire expert to revive and start up my business again $50, 000 to get my own apartment and basic assets I am drowning in depression and it really hurts here, Getting my own apartment, clearing my debt and reviving my business will help me get back feet and give me best to support my society. I am honestly and desperately seeking for your support to help me out of my current situation, please help me by giving and sharing this fundraiser. Thanks
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