Liquor store boost

Alice Othieno

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alice Othieno

Member since

June 2020

On-time repayments

121 installments  •  100%

About Me

I am Alice Othieno a graduate from the University of Nairobi where I studies Psychology and Sociology. Currently I am residing at Komarock Estate where I operate a Liqour Store to earn a living due to the high rate of unemployment in Kenya. I have been in Entrepreneurship for 2 years now and I must admit that I am very happy with my job.

My Business

My business is a Liqour store where I sell both alcoholic and non alcoholic beverages in wholesale and retail.

Loan Proposal

Given the loan, I would like to add inventory to my shop such as bottled mineral water and soft drinks which are very popular during this time of Covid 19

Income Source

My business has fully complied with government measures hence I am allowed to operate normally up until curfew time which is 9pm at night. I have set up social distancing measures in my store with one in one out principle being applied

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.29

Date disbursed

Jun 17, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.88

Credit risk payment: $1.49

Lenders

Paul Buchheit

Mountain View, United States

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