Buying fertilizer for crop farming

Justine Simutende

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Justine Simutende

Location

Lusaka, Zambia

On-time repayments

14 weekly installments  •  86%

About Me

My name is Justine Simutende a Zambia young entrepreneur. I completed school and got involved in business activites. As a young boy my passion was to become a business man. Am married with 3 children , my ambition is grow my business and contribute for national food security for my country Zambia and world over.

My Business

Am involved in farming businesses which is main source of income, I grow maize groundnuts and soya bean. These commodities are highly in demand and are very profitable, I choose this type because I earn good money which is sustainable for the development of the business and my family, among then pay my children school fees and and home improvement.

Loan Proposal

Am here today knocking to you requesting for financial support, I want to use the loan to buy farming inputs for my crops such as Compound D, Urea top dressing and pesticides to help improve the soil fertility and chase away dangerous pest destroying the crops. However it help me produce health crops for sale.

Income Source

I have also vegetable gardens were I sale tomatoes, onions and a variety of other vegetables. Therefore I will be keeping some money to repay towards the loan on each weekly instalment I have chosen to repay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$30.04

Date disbursed

Jun 15, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: 5% of $30.04 = $2.10

Credit risk payment: $10.50

Lenders

Heather

United States

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