Buying pigs for supply

Morgan Ntalasha

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Morgan Ntalasha

Member since

December 2020

On-time repayments

16 installments  •  25%

About Me

Hello. I’m Morgan Ntalasha 25. First born in a family of 6 children. Iam currently living in makeni with my sister and niece. I don't started school in 2003 at a private school in lusaka's emmasdale area. I went on to different schools from there on until I landed at parklands secondary school where I wrote my final secondary school exams.i then applied to study at Cavendish university And got accepted to study a Bachelors degree in Mass communication and public relations.and

My Business

As and Entreprenuer that i am, I’ve decided to venture into a number of businesses over the last few years.

(1) Agriculture and Livestock farming.
I plant and sell Maize to milling companies and or individual bulk buyers that are interested in the commodity. You’ll find me on my farm in Makeni and Chongwe planting and taking care of my fields. For live stock, I buy livestock from cheaper sources and resell to supermarket and open markets to make a small profit, I also keep broiler chickens in small numbers of sometimes up to 600 depending on how expensive or cheap feed products are on the market. I use the small profit from my livestock and farming business to sustain myself, my family and support my second business.

(2) I own and run an online clothing and printing store @the legacy store is the name of the company page and alongside it is my Broiler chicken business which goes up to 600 chickens per batch. I'd like to have a physical address for my clothing and printing store.

Loan Proposal

Good afternoon. After my last loan, I’m seeking another loan and this time is to help buy more pigs for supply to my buyers. There’s an open market for the piggery business currently in my province and I want to be at the forefront of the this new venture. This loan will help buy more pigs. I intend to buy 6 pigs from this loan and put the on my farm in Lusaka.

Income Source

Once the pigs are in Lusaka, there’s a vast market and I’ll be able to sale and have money in no time.

My Videos

Jan 17, 2021: Agriculture and livestock farming

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.02

Date disbursed

Dec 30, 2020

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $3.67

Credit risk payment: $10.23

Lenders

A

Andy

United States

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