Toward buying land for subsistence farming

Munthali Jimmy

Kashinka, Zambia

100% repaid

Entrepreneur

Name

Munthali Jimmy

Location

Kashinka, Zambia

On-time repayments

1 weekly installment  •  100%

About Me

My name is Jimmy Munthali I a man aged 21 years old I'm a Zambian Citizen, I'm single business man and I live alone in a renting house.

My Business

Yes I'm a business and my business that I do is mobile money business this business is very good in my business because there are not many mobile money booths so many people come at my place to withdraw money and deposit.

Loan Proposal

I'm in of the financial support I'm a substance farmer now there is a piece of land which is being sold so I need this loan to so that I can buy it.

Income Source

My loan is going to add more vuluable to my already existing farm It helped me to start having more profit and I be using it to repay the loan.

Feedback

None

None

None

Lenders

Loan Info

Disbursed amount

$34.24

Date disbursed

Feb 23, 2021

Repayment status

On Time

Projected term

1 week

Cost of loan

Service fee: 5% of $34.24 = $1.70

Credit risk payment: $4.43

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