Entrepreneur
Name
Morton
Member since
December 2015
On-time repayments
97 installments • 96%
About Me
My name is Morton Chizunga. I was born on July 17th 1977. I have 3 children and I care for 2 orphans as well. I live in Manyaana Area in Mazabuka district in Southern Province. I am a farmer and I'm applying for this loan because I want to do trading in wholesale beans and kapenta (fish), while also investing in my children, my livestock, and my store. In my free time I am active in my Seventh Day Adventist church.
My Business
On my farm I'm growing maize, groundnuts, cowpeas, and sweet potatoes. I also keep chicken and goats. My wife and I also operate a store in Monze town that sells beans, kapenta (dried fish), and cooking oil. With my first loan I was able to pay my sons school fees while also expanding my business and saving some more money. I was able to invest money in rental property I am building in Monze. My second loan allowed me to invest even more into my children's education and my business did very well. I hope that with this third loan, I will be able to add more inventory to my shop and bring in more income.
Loan Proposal
I'm currently operating a store in Monze town selling Beans, Kapenta, Cooking Oil, and I would like to add Maize to my inventory as well. In a good week I can make 300 kwacha for beans, 200 kwacha for kapenta, and about 300 kwacha per week for Maize. I'm also still paying school fees for my sons, the oldest of which is in grade 8.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$361.00
Date disbursed
Feb 25, 2017
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
United States
Sweden
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
United States
Summary
Amount repaid
$361.24
Amount remaining
$0.00
Date repaid
Jan 9, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 10, 2017 | $6.75 | Mar 2, 2017 | $6.75 |
| Mar 17, 2017 | $6.75 | Mar 10, 2017 | $6.75 |
| Mar 24, 2017 | $6.75 | Mar 17, 2017 | $6.75 |
| Mar 31, 2017 | $6.75 | Mar 24, 2017 | $6.75 |
| Apr 7, 2017 | $6.75 | Mar 30, 2017 | $6.75 |
| Apr 14, 2017 | $6.75 | Apr 7, 2017 | $6.75 |
| Apr 21, 2017 | $6.75 | Apr 15, 2017 | $6.75 |
| Apr 28, 2017 | $6.75 | Apr 21, 2017 | $6.75 |
| May 5, 2017 | $6.75 | Apr 27, 2017 | $6.75 |
| May 12, 2017 | $6.75 | May 5, 2017 | $6.75 |
| May 19, 2017 | $6.75 | May 11, 2017 | $6.75 |
| May 26, 2017 | $6.75 | May 19, 2017 | $6.75 |
| Jun 2, 2017 | $6.75 | May 26, 2017 | $6.75 |
| Jun 9, 2017 | $6.75 | Jun 2, 2017 | $6.75 |
| Jun 16, 2017 | $6.75 | Jun 9, 2017 | $6.75 |
| Jun 23, 2017 | $6.75 | Jun 16, 2017 | $6.75 |
| Jun 30, 2017 | $6.75 | Jun 23, 2017 | $6.75 |
| Jul 7, 2017 | $6.75 | Jun 30, 2017 | $6.75 |
| Jul 14, 2017 | $6.75 | Jul 7, 2017 | $6.75 |
| Jul 21, 2017 | $6.75 | Jul 14, 2017 | $6.75 |
| Jul 28, 2017 | $6.75 | Jul 21, 2017 | $6.75 |
| Aug 4, 2017 | $6.75 | Jul 28, 2017 | $6.75 |
| Aug 11, 2017 | $6.75 | Aug 4, 2017 | $6.75 |
| Aug 18, 2017 | $6.75 | Aug 11, 2017 | $6.75 |
| Aug 25, 2017 | $6.75 | Aug 18, 2017 | $6.75 |
| Sep 1, 2017 | $6.75 | Aug 25, 2017 | $6.75 |
| Sep 8, 2017 | $6.75 | Sep 1, 2017 | $6.75 |
| Sep 15, 2017 | $6.75 | Sep 8, 2017 | $6.75 |
| Sep 22, 2017 | $6.75 | Sep 15, 2017 | $6.75 |
| Sep 29, 2017 | $6.75 | Sep 22, 2017 | $6.23 |
| Sep 22, 2017 | $0.52 | ||
| Oct 6, 2017 | $6.75 | Sep 30, 2017 | $6.75 |
| Oct 13, 2017 | $6.75 | Oct 6, 2017 | $6.75 |
| Oct 20, 2017 | $6.75 | Oct 13, 2017 | $6.75 |
| Oct 27, 2017 | $6.75 | Oct 20, 2017 | $6.75 |
| Nov 3, 2017 | $6.75 | Nov 3, 2017 | $6.75 |
| Nov 10, 2017 | $6.75 | Nov 10, 2017 | $6.75 |
| Nov 17, 2017 | $6.75 | Nov 16, 2017 | $6.75 |
| Nov 24, 2017 | $6.75 | Nov 16, 2017 | $6.75 |
| Dec 1, 2017 | $6.75 | Nov 24, 2017 | $6.75 |
| Dec 8, 2017 | $6.75 | Dec 1, 2017 | $6.75 |
| Dec 15, 2017 | $6.75 | Dec 8, 2017 | $6.75 |
| Dec 22, 2017 | $6.75 | Dec 14, 2017 | $6.75 |
| Dec 29, 2017 | $6.75 | Dec 22, 2017 | $6.75 |
| Jan 5, 2018 | $6.75 | Dec 29, 2017 | $6.75 |
| Jan 12, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Jan 19, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Jan 26, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Feb 2, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Feb 9, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Feb 16, 2018 | $6.75 | Jan 3, 2018 | $6.75 |
| Feb 23, 2018 | $6.75 | Jan 3, 2018 | $1.04 |
| Jan 5, 2018 | $5.71 | ||
| Mar 2, 2018 | $6.75 | Jan 5, 2018 | $6.75 |
| Mar 9, 2018 | $6.75 | Jan 5, 2018 | $6.75 |
| Mar 16, 2018 | $3.63 | Jan 5, 2018 | $3.63 |
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