Garden supplies

Fred

Siachimputi, Zambia

100% repaid

Entrepreneur

Name

Fred

Member since

December 2015

On-time repayments

73 installments  •  92%

About Me

I want all my children to learn and finish school, even up to college. Because if they learn up to college, they will help themselves and maybe even me if I will be living at that time. In addition to this, as they are going to finish school, they are going to help their children. So, it will be easier for them to live better.

My Business

I sell vegetables and fruits from my garden. I want to sell these vegetables because they have good demand because they are used for keeping the body healthy. I have chosen this business of gardening because I will get a good profit from gardening.
Prices are variable, but for example, 25 g of cabbage seeds can cost 200 or more kwacha. I might use 1 bag of fertilizer for one season for the garden. Now, one bag of fertilizer costs 380 kwacha. I might use 2 bottles of pesticides for this season. At the moment, one bottle costs 40 kwacha. After harvesting, I might get 2.500 kwacha.
I use some of the money to send children to school and some money to continue the business of my garden.

Loan Proposal

I will use the money to buy seeds, fertilizer, and pesticides for my garden. I want to buy cabbage and Chinese cabbage seeds, cantaloupe seeds, and cauliflower seeds. I also will buy one 50 kg bag of fertilizer and insecticides and possibly fungicides if they are necessary.
Prices -
cabbage 200 kwacha or 18.26 USD
cantaloupe - 13 kwacha or 1.18 USD
cauliflower - 30 kwacha or 2.74 USD
fertilizer - 350 kwacha or 31.96 USD
insecticide - 20 kwacha or 1.83 USD
fungicide - 20 kwacha or 1.83 USD
Chinese cabbage - 40 kwacha or 3.65 USD
I will use profit from this to pay for my children to go to basic school, secondary school, and college.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$93.00

Date disbursed

Jan 4, 2016

Repayment status

On Time

Projected term

17 months

Lenders

xtrahardware

Cazenovia, United States

dlpringle

Denver, United States

B

bscent

Hong Kong

KM

Kirsty M

United Kingdom

RC

Rudi Chen

United States

AL

Aaron Larkin

Minneapolis, Minnesota, United States

J

John

Toronto, Canada

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