Food supply

Morton

Block D, Mazabuka, Zambia

42% repaid

Entrepreneur

Name

Morton

Member since

December 2015

On-time repayments

97 installments  •  96%

About Me

My name is Morton Chizunga. I was born on July 17th 1977. I have 3 children and I care for 2 orphans as well. I live in Manyaana Area in Mazabuka district in Southern Province. I am a farmer and I'm applying for this loan because I want to do trading in wholesale beans and kapenta (fish), while also investing in my children, my livestock, and my store. In my free time I am active in my Seventh Day Adventist church.

My Business

On my farm I'm growing maize, groundnuts, cowpeas, and sweet potatoes. I also keep chicken and goats. My wife and I also operate a store in Monze town that sells beans, kapenta (dried fish), and cooking oil. With my first loan I was able to pay my sons school fees while also expanding my business and saving some more money. I was able to invest money in rental property I am building in Monze. My second loan allowed me to invest even more into my children's education and my business did very well. I hope that with this third loan, I will be able to add more inventory to my shop and bring in more income.

Loan Proposal

I want to put all the money in my business for it grow well and be productive in future.so that money will help do my life desires in future and take good care of family and children.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$94.00

Date disbursed

Apr 11, 2018

Repayment status

Late

Projected term

4 weeks

Lenders

John Minges

United States

Katja

Switzerland

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  • Francis    Feb 24, 2019

    I spoke to Morton and he promised to start paying next week.

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  • TomF925    Jun 29, 2018

    I see that you are making reduced payments. Very good! However, please contact Zidisha and get the terms of your loan changed to equal your reduced payments. If you change the term of your loan to a longer payback time and smaller payments, you can maintain a better credit score. Credit score is very important for obtaining future loans.

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  • Jan    Feb 20, 2018

    Best of luck to you!

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  • Don Hammond    Jan 21, 2018

    Morton - Good luck with your expansion. Don (Rick's Dad)

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  • Morton    Jan 13, 2018

    Am trying to request for a new loan

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  • Morton    May 21, 2017

    I am doing well with my loan and business right now. It was a little difficult at the beginning this time because the rains ended later than usual and we couldn't get to town to buy some items until a later time. However now things are going well!

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  • Morton    Feb 24, 2017

    Dear lenders thank you very much for helping me with this loan. This is my second loan with zidisha and the first time I was able to pay back on time every week and I will do it again. I will use this loan to buy some more stock for my store and also to buy maize as the price for resale right now is high. Thank you! God bless!

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