Farming

Mercy Banda

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Mercy Banda

Location

Kitwe, Zambia

On-time repayments

8 weekly installments  •  38%

About Me

My names are Mercy Banda, I was born in Copperbelt, I did my primary school, junior secondary and senior secondary in Copperbelt. I have managed my life even if it is very hard to live. I have tried in my level best to do well in my life.

My Business

The business I am currently running is farming. Farming is my source of income. I will do everything possible to do my live better and I will do my very best to keep my family safe and myself. I am doing all thing possible to keep my surviving intact.

Loan Proposal

When my project is fully funded, and the money is disbursed into my MTN mobile money account, the money which will be given to me, will be used in farming. The money will be too useful to my life. I will make sure most of important things are in place.

Income Source

What are am I going to use to pay back my project once is fully funded and disbursed into my MTN mobile money account in this hard time, where economy is bad; I will use my business I am having currently, which is helping me for a living. My business will be used to pay back the loan on time.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$15.65

Date disbursed

Jun 30, 2021

Repayment status

On Time

Projected term

4 weeks

Cost to entrepreneur

Service fee: 5% of $15.65 = $1.08

Credit risk payment: $5.47

Lenders

Sundstroms

Falun, Sweden

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