Entrepreneur
Name
Praise
Member since
February 2021
On-time repayments
10 installments • 10%
About Me
My name is Praise Mulenga I come from a humble back ground .I completed my grade 12.After completion my parent sent to school of agriculture where I learn Agro business and farming at large. Am a farmer and it is the main source of livelihood. I need financial support to develop my farming business.
My Business
Mainly my source of income is from Farming business, I grow bananas , maize and vegetable. The bananas are highly profitable and sell very fast. I also cultivate maize crop which is also a our staple food and is highly demand especially this period. Generally family is profitable and I develop and grow more crops provided I have financial support.
Loan Proposal
I need to buy 7 bags of D compound fertilizer and top dressing for my maize and vegetable crops. I want the crops grow very well and so that I sell them at good profit this period.
Income Source
Apart from farming business and I also sell clothing sales where I generate some income. I have planned that some income I will be generating from the clothing sale is to repay towards repaying the loan weekly.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$62.96
Date disbursed
Mar 5, 2021
Repayment status
Late
Projected term
2 months
Lenders
Germany
Summary
Amount repaid
$9.43
Amount remaining
$53.53
Expected completion
May 16, 2021
Status
Repaying late
Installment amount
$4.20
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 14, 2021 | $4.34 | Apr 9, 2021 | $4.34 |
| Mar 21, 2021 | $0.38 | Apr 9, 2021 | $0.38 |
| Mar 28, 2021 | $0.00 | ||
| Apr 4, 2021 | $4.20 | Apr 9, 2021 | $4.20 |
| Apr 11, 2021 | $4.20 | Apr 9, 2021 | $0.52 |
| Apr 18, 2021 | $4.20 | ||
| Apr 25, 2021 | $4.20 | ||
| May 2, 2021 | $4.20 | ||
| May 9, 2021 | $34.57 | ||
| May 16, 2021 | $2.69 | ||
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