Wines and spirits liquor joint

Jackson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jackson

Member since

January 2018

On-time repayments

17 installments  •  65%

About Me

My name is JACKSON, i grew up in a village in kisii county, life wasn't friendly so with the little savings i had i reared 50 chicken whereby i could collect and sell eggs as the savings grew i opted for a bigger market so i moved to the city and its here i realized a potential in liquor business that i put up with just ksh 60,000

My Business

my business' income is especially the profits are overwhelming because in my locality or rather in Nairobi lots of people take LIQUOR , and that was my point of motivation and its when i decided to put up an instant drinking joint with your aid i will be able to put up a pub that will serve more people and you know what this means more profit
my profits are normally split for household use and my sons' schooling
my renting costs ksh15000, licensing renewable annually ksh, 50000

Loan Proposal

when i get this loan i will use it to to buy spirits and if possible some beers
a bottle of spirit is goes for 1 dollar and i sell it at 1.5dollars now this gives me a good return indeed and with this i will be able to repay back in time if i properly account for it my profits will increase by 50 percent

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jan 12, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

PG

Paul Graham

United States

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