Name
Joseph
Member since
December 2020
On-time repayments
25 installments • 36%
I am Joseph Mbulo born in 1992 and am located in chingola, zambia. I am married with one child, a boy. I finished my secondary education and later studied a certificate in agriculture at Don bosco college. I have grown up in chingola in the mine area where my father worked for the mines before he died. When he died and was a divorcee i stayed with my uncle who encouraged me so much to find a business that was stable. he gave me capital to start a grocery shop and i made profit and started renting a small farm. This is how my journey has been.
My main source of income is my grocery shop and also from the seedlings i sell. I have specialised in seedlings only. From some profit i make from the grocery shop i built a shade, more less like a greenhouse. I plant a variety of seedlings which i sell to many customers and my seedlings are on demand.
Dear lenders i rent a farm and there is also a greenhouse and i have specialised in produce seedlings. Most farmers have difficulties in producing good quality seedlings. So i have an advantage but the loadshedding of electricity in my town hat is on every day and night has been a challenge. I will use the money to buy solar bulbs so that i can have lighting all the time. This will improve my production and my earnings will increase.
Repaying my loan wont be hard for me. As an entrepreneur you plan ahead, so i do save some money from every little earning i make so i cant fail to repay when economy is hard.
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Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Dec 25, 2020
Repayment status
On Time
Projected term
4 weeks
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