Selling drinks

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

With the loan I want to continue buying more and more inventory as well as invest in a point of sale system which will help me keep track of stock, finances and improve on the financial and inventory efficiency so as to minimise on wastes which in turn will boost profits

Income Source

My business has fully complied with ever changing government legislation when it comes to covid 19. Hand sanitizers and hand washing stations have been installed within the premises. I have also been saving some money which can be used for a rainy day

Feedback

3

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$518.47

Date disbursed

Feb 8, 2021

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $24.29

Credit risk payment: $97.19

Optional expediting fee: $48.59

Lenders

HI

Highly Improbable

Saskatoon, Canada

Pere

Barcelona, Spain

A

AlexCheng

Seattle, United States

A

Austrian

Graz, Austria

S

SvenWaage

Stavanger, Norway

E

erogers

Vancouver, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

B

BMcDermott

Washington, DC, United States

R

richdullaghan

Encinitas, United States

J

JonAlec

United States

Grant Xavier Storer

Seattle, Wa, United States

Mike and Jacqui

United Kingdom

Ali Kim

Toronto, Canada

MW

Matt Willis

United States

Dayton

Vancouver, Canada

PR

peter reibold

United States

Kate Courteau

United States

C

cota

United States

IH

Ian Hearn

United States

TH

tom hd

United Kingdom

Carla

Amsterdam, Netherlands

Sinan Taifour

Munich, Germany, Germany

SA

Shar Alamdari

Los Angeles, United States

WS

Warren Shen

United States

Paul Buchheit

Mountain View, United States

A

Alex

United States

Carrie

Arlington, MA, United States

Ryan Agnew

Australia

RS

Ralph Smyth

United Kingdom

C

Chris

United States

S

sarah

Germany

Emily

Henderson, United States

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  • Alice Othieno    Nov 23, 2022

    ....Good afternoon zidisha members....I'd like to take this opportunity to thank all you for the continued support in me and my business as a whole....I'm so grateful....The funds will go along way in helping me update my computer software system as well as buy afew items as stipulated by the government eg fire extinguishers,first aid kits etc in case of emergencies ...

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  • Alice Othieno    Nov 9, 2022

    ....the objective of the project was to facilitate computer systems for my business to enable the business to run smoothly...Thank you to all zidisha members who were able to make this possible for me..As a result I've seen massive improvements especially in marketing my product...I've been able to attract and maintain a wider customers base...

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  • Alice Othieno    Nov 2, 2022

    Business had really slowed down and as a result I'm making minimal profit..

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  • Alice Othieno    Oct 15, 2022

    Business has really slowed down and as a result I'm making minimal profit

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  • Alice Othieno    Oct 6, 2022

    Business has really slowed down and as a result I am making minimal profit...

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  • Alice Othieno    Sep 15, 2022

    ...business has really slowed down and as a result the profit margin has gone down...

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  • Alice Othieno    Sep 8, 2022

    ...business has really gone down and as a result we're making less profit currently.....

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  • Alice Othieno    Aug 24, 2022

    Business has slowed down...as a result I'm making less profit....

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  • Alice Othieno    Aug 11, 2022

    Sales has gone down therefore the profit margin has reduced as well....

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  • Alice Othieno    Jul 27, 2022

    Business has really slowed down...as a result profit margins has gone down

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  • Alice Othieno    Jul 13, 2022

    Business has really slowed down...therefore the profit I'm making is minimal...

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  • Alice Othieno    Jun 28, 2022

    ....my business has really slowed down as a result of the pandemic....as a result we're making minimal profit.....

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  • Alice Othieno    Jun 14, 2022

    Sales has really slowed down since the pandemic and as result I am making less profit.

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  • Alice Othieno    Jun 2, 2022

    Business has really slowed down and as a result sales has gone down...

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  • Alice Othieno    May 18, 2022

    .... business has grown a bit slow and as a result we are making minimal profit...

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  • Alice Othieno    May 4, 2022

    ..... business has really slowed down due to the recent pandemic ...I am therefore making minimal profit....

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  • Alice Othieno    Apr 20, 2022

    .... business has really slowed down as a result sales has really gone down....

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  • Alice Othieno    Apr 6, 2022

    .... business slowed down as a result of the pandemic..as a result I'm realizing minimal profit margins....

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  • Alice Othieno    Mar 22, 2022

    Business has slowed down since the pandemic...as a result sales is a bit low...

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  • Alice Othieno    Mar 8, 2022

    Business is still not stable....as a result sales have gone down....

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