50metres hose pipe for watering plants

Innocent

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Innocent

Member since

November 2020

On-time repayments

10 installments  •  70%

About Me

My names are Innocent Gondwe and am living in Ndola town of Zambia.
I went to masala secondary school where i i completed my secondary education and while raising money to go to college i have found a business of selling tree plants, to be specific avocados. My target is to raise enough so that i start studying. I live with my both my parents who dont work at the moment due to corona virus.

My Business

My source of income at the moment is from selling the tree plants of avocados. these avocados plants have a lot of demand demand to our neighbouring country democratic republic of congo, so mostly i sell to farmers near the border who plant specifically for that market. Avocado there is used in factories to make soaps and lotions and i sell the very good quality of the plant. I chose this business because i saw the potential in it. My typical cost is just transport, and the profits i make i am saving for my education.

Loan Proposal

I want to say thank you to all my lenders for the loan I have just repaid. I managed to secure my plants in some plastic containers now I need a hose pipe to be watering them without difficulties. So am applying for a loan of about K960 to help me buy a 50metres hose pipe. This will make watering easy and am able to produce healthy plants. This will result into increased profit for my business and more money in my pocket to save for higher education. So please help me with this loan

Income Source

if my business faces any risk in the economy , i also do mechanics at my uncles garage. I know how to repair vehicles and away from my farming business i also work part time at the garage where i make some money also. I plan to study agriculture mechanics so i have been going there also to learn some skills and also earning some money.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$44.00

Date disbursed

Jan 27, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

Robert D

Houston, United States

M

Margaret

United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

Kathleen Coleman

Oregon, United States

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