Farming inputs

Mike Chipokosa

Luska, Zambia

Loan disbursed

$0 to go

100% lent of $31 goal

0

days left

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Entrepreneur

Name

Mike Chipokosa

Location

Luska, Zambia

On-time repayments

1 weekly installment  •  100%

About Me

My name is Mike Chipokosa and 20 years of age. I just completed my high school recently. My parents empowered me with some little capital to start a business of own. I have a grocery shop and vegetable gardening. Hence I financial support to boost my business.

My Business

I have a grocery shop were I sell different types of good and I make money daily, apart from that I have also a vegetable gardens and I grow different type of vegetable which also sale as another source of income.

Loan Proposal

Am requesting for this loan to help purchase farming inputs for my vegetable garden and maize. These vegetables are highly profitable and easy to manage. I want more farming input because I need to grow more crops this time around because previous I earned more profit and should I grow more I can make a lot of money.

Income Source

I ran a grocery shop beside vegetable gardening and I generate an income that can help me to save and repay my loan in the next coming two weeks payable.

Feedback

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Lenders

Loan Info

Disbursed amount

$31.22

Date disbursed

May 5, 2021

Repayment status

On Time

Projected term

2 weeks

Cost of loan

Service fee: 5% of $31.22 = $1.56

Credit risk payment: $4.34

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