A loan to help an entrepreneur make safe, clean drinking water more accessible and affordable in her community
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Kimberly's Story
Kimberley has setup water businesses with her family, drilling boreholes and pumping water to be distributed to their neighbors, filling a big need in their community for water. She is now ready to be a water entrepreneur on her own with help from Untapped who will provide the equipment and contribute to her initial setup costs in addition to helping her get a loan required for buying the equipment to make sure water is clean and safe to drink. More about this loan:
This loan is part of Untapped's Micro-Entrepreneur Franchise Program which provides technical training, technical support, and proven equipment to entrepreneurs who want to startup businesses that provide basic services to their community. Kim contributes $2,000 of the total $12,000 cost to setup the business, and the rest is paid for by this loan. Untapped guarantees the loan which means if Kim unable to pay off the loan, Untapped ensures your loan is fully repaid. |
About Kim's Ovive Drinking Water Franchise
Untapped helps entrepreneurs setup drinking water businesses around he world under the brand, Ovive. As a franchisee, Kim will have training and technical support from Untapped to setup her business and make sure it provides quality, clean water at a low price, in fact, half the price of other water products in her neighborhood. What Makes This Loan Special:
It makes safe, clean drinking water available to those that otherwise would be to afford it and drink it every day. Repayment Schedule:
October 1, 2020: Disbursement of Funds July 31, 2021: First Monthly Payment March 31, 2022: Final Monthly Payment |
Questions & Answers
Q: Why should I lend to Kim’s Water ATM franchise?
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Q: What is Untapped?
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Q: What is the Ovive brand?
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Q: Do I need to fund the entire loan?
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Q: Will I get repaid ?
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Q: How do repayments get back to lenders?
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Q: What is the due dilligence process on the borrower- Kimberly?
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Q: How can Support future Untapped microfinance programs?
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Q: How can I contact Untapped?
Q: Why should I lend to Kim’s Water ATM franchise?
A:
Q: What is Untapped?
A:
Q: What is the Ovive brand?
A:
Q: Do I need to fund the entire loan?
A:
Q: Will I get repaid ?
A:
Q: How do repayments get back to lenders?
A:
Q: What is the due dilligence process on the borrower- Kimberly?
A:
Q: How can Support future Untapped microfinance programs?
A:
Q: How can I contact Untapped?