25 installments • 40%
Abraham mutambo is my name. I was born in zambia and i have small farm. I was born in a family of 4, 2 boys and 3 girls. I am not yet married but i have a fiancee. I am a farmer and i want to study agronomics if i raise enough in my business. I wasnt able to go to college after i finished secondary because of lack of finances. With support from zidisha i have confidence that i can make it in my life. In my free time i play football.
I sell mainly tomatoes and onions. These two items are daily needed by customers. I sell usually in different markets. What i do is that if my plants are not yet ready at my farm i buy from nearby farms and supply to the markets at a profit. I chose this business because it can surpass all businesses, food is an essential commodity and agriculture is the backbone of many countries.
Thanks to my lenders for the previous loan. I managed to buy tomatoe seedlings and i want now to have a loan so that I can pay for service to people who will be digging a well. When it rains there is too much water and it affects my plants so i want to dig a well and install a pump so that i can be watering my tomatoes with amount of water required.The profits i make from selling tomatoe i save for my education and i also buy food at home.
I have a savings account everyday when i sell i save part of my profit in this account. so when there is economic challenges i can rapay my loan from my savings.
Jan 18, 2021
Cost to entrepreneur
Service fee: $10.71
Credit risk payment: $34.31
Optional expediting fee: $21.41