Entrepreneur
Name
Shadrick
Member since
January 2021
On-time repayments
12 installments • 17%
About Me
My full names are Shadrick Mzaduri the first born of four children . Growing up, my life was a little tricky because we barely had everything we needed as a family. We had to go through a lot of struggles cause my father was just a miner and working in the mine back then was not as much.
My father was very hard worker, he got up everyday early in the morning and first went to the farm to do work just so he can supply the marketeers with farm produce as he is on hes way to work. When i was in grade 6 he passed away leaving behind only mum to fend for us. i would say this was the time life really got hard for us because mum barely knew ways of raising money. I dropped put of school in grade 10 because there was no money for school.
I started growing my veggies and started supplying the marketeers at the local market just like my father used to. id supply then with chinese cabbage, spinach, okra, onions and tomatoes. This is how i started my farming business.
My Business
Selling a variety of veggies did not bring in so much income, so i then decided to specialise in growing tomatoes only. the main reason was because tomatoes around my area is in demand and most farmers do not grow tomatoes.
so on my piece of land, i strictly just started growing tomatoes on a large scale and started taking my supplies in the city for sale. this then brought in some income and atleast i can say that i started making things and started taking care of my siblings including my poor mum who has struggled to raise us up to this age. mostly i pick about 7 boxes of tomatoes and sale then at about 150 to 200 in the city.
Loan Proposal
I firstly to exttend my farming place by renting more land than i am right now, this will help in increasing the numbers of boxes picked and taken for sale to the city. Other than that, ib would also like to purchase a few chemicals for my crops like, insectcides ,fertilisers for example tooters.
This will bring up so much profit in my business because everything depends on the number boxes taken to the city for sale. And if i purchase the chemicals my tomatoes are going to be looking so healthy that many of my customers to be proud of my supplies.
Income Source
seeing to it that the economy is a little shady right now, i have a few saving in my savers account that will help me repay for this loan. My business is quite on demand because i mean everybody does need tomtoes in most of the foods, i will then try and add on more boxes just so i can repay the loan in good time. And the prices too are really competitive in my area so my boxes are likely to sell in no time and i have a good relationship with many restraunt owners so best believe i always return with empty boxes everytime i knock off from the market place.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
Jan 21, 2021
Repayment status
On Time
Projected term
2 weeks
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Mia Mar 7, 2021
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