Muswangeli Tongo
Lusaka, Zambia
100% repaid
Name
Muswangeli Tongo
Member since
July 2020
On-time repayments
35 installments • 69%
My name is Muswangeli Tongo Chibaba and the first born from the family of 4.My mother being Mr and Mrs Francis Chibaba.My education back ground, i went to Nyenyenzi Primary school and later i was selected to grade 8 at David Kaunda Secondary School.When i completed school my uncle employed me to work at his Farm.From there i was able to learn farming and how to do farming business.My uncle taught me business at his farm.
I grow tomatoes, cabbages, Onions and sweet potatoes and also i ran bottle store were my generate my sources of my income.The goods are highly on demand by marketeers and they sell faster and i make quick money, the income i make i use it to pay school fees, reinvest and home improvement.
This time around I want to use the loan to some pesticides, weed killer and herbicides because the maize in field is grown very well and the vegetable besides the maize. I want to produce a good crop yield and a good harvest for 2020 to 2021 marketing season. The maize is almost rip and this is the time when dangerous pests invade the crops, I want to buy these pesticides and weed killer to avoid these dangerous insect from attacking the crops. When you have a good production you are rest assured of good profits.
Risks are there especially during this second wave Covid 19, but I have diversified into many businesses, I have poultry were I rare broiler and layer chickens for sale. Right now am selling the broiler chickens .Apart from that I have also a mini mart or shop and I make daily income which I save for reinvestment. From the daily I generate I will strategize to repay my loan in the coming weeks.
Jan 22, 2021: Muswangeli's maize field & vegetables
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$579.00
Date disbursed
Jan 30, 2021
Repayment status
On Time
Projected term
3 months
Other loans
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Amount repaid
$570.88
Amount remaining
$0.00
Date repaid
Apr 2, 2021
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 7, 2021 | $71.32 | Feb 11, 2021 | $71.32 |
Feb 14, 2021 | $71.32 | Feb 11, 2021 | $24.09 |
Feb 17, 2021 | $47.23 | ||
Feb 21, 2021 | $71.32 | Feb 17, 2021 | $0.48 |
Mar 8, 2021 | $70.84 | ||
Feb 28, 2021 | $34.11 | Mar 8, 2021 | $34.11 |
Mar 7, 2021 | $0.00 | ||
Mar 14, 2021 | $10.11 | Mar 19, 2021 | $10.11 |
Mar 21, 2021 | $10.11 | Mar 19, 2021 | $10.11 |
Mar 28, 2021 | $10.11 | Mar 19, 2021 | $3.63 |
Mar 31, 2021 | $6.49 | ||
Apr 4, 2021 | $71.32 | Mar 31, 2021 | $7.82 |
Apr 2, 2021 | $63.50 | ||
Apr 11, 2021 | $71.32 | Apr 2, 2021 | $71.32 |
Apr 18, 2021 | $71.32 | Apr 2, 2021 | $71.32 |
Apr 25, 2021 | $71.32 | Apr 2, 2021 | $71.32 |
May 2, 2021 | $7.20 | Apr 2, 2021 | $7.20 |
Liz Apr 2, 2021
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