Entrepreneur goes back to school (MBA)

This is me

Nick name
andzec
Age
32 years
Highest education
University of St. Gallen

This is my Credit Motivation

I am looking to financing my MBA studies at University St. Gallen (HSG), where I was selected to join the September 2019 class intake.

I have started my career as a consultant, working for Ernst & Young in Italy. Then, I moved to the UK where I joined the commercial finance team of Kerry Group, before starting my business (Veeno) in the hospitality sector. I grew the company from the first wine store to a national chain.

In 2018, due to the decline of performance caused by the impact of Brexit on the market, I decided to exit the business and sell to a new investor.

Unfortunately, the terms of the sale include a very long term earn-out arrangement based on future performance of the business. This means that I have not enough funds to cover the cost of the MBA program and, for this reason, I am looking to secure a study loan.


This is what I need

Credit amount
CHF 40'000
Maximum interest rate
6%
Start date
June 2019
Study time
18 months
Re-payment starts
December 2020
Re-payment time
36 months
Loan fully paid back
November 2023

This is my plan

School/University
University of St. Gallen
Main field of study
MBA
Additional fields of study
MBA
Begin of study
September 2019
End of study
July 2020
Current semester
0
Plans after study

My plan is to secure a general management role in a listed corporate organisation in Switzerland, such as Nestle, aiming to become an executive manager in 10 years.

I believe that University of St. Gallen is a highly respected institution and very well connected to many Swiss-based companies and could provide me with the right connections and training to make an impact on the job market.

I am a Swiss citizen who has never lived or worked in Switzerland and this is the right time for me to make this move and take an important step in my life and career plans.

 

Auction

Auction Closed

10 bids, CHF 40'000 of CHF 40'000 filled

Calculate your sustainable return

CHF 40'000

Investment Amount

5.0%

Interest Rate

Total fees
-
Your return (net of fees)
-