Groundnut production

Mary Nalukui

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mary Nalukui

Member since

November 2020

On-time repayments

25 installments  •  28%

About Me

My name is Mary Nalukui. I am a farmer living in Kabwe rural. I am married to Peter, who is also a farmer. We have three children.

We produce maize, potatoes and soya beans at the farm.

My Business

I have cultivated a large portion of land to plant groundnuts. I plan to sell the groundnuts to a local nutrition agency operating in the area.

The agency buys the groundnuts and produces baby porridge and other food supplements which are distributed to vulnerable children.

Loan Proposal

I plan to use the loan to purchase groundnut seeds and fertilizer to plant at our farm in Kabwe rural.

When the groundnuts are grown, I plan to harvest the nuts and sell to a local nutrition agency organisation that operates in the area

The nutrition agency processes the groundnuts and makes peanut butter and baby porridge for sale to the public.

Income Source

Our farm in Kabwe rural is doing well and our plans are to increase production of cash crops, such as maize, potatoes and groundnuts.

The planting of the groundnuts would help our farm to realise good profits.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.68

Date disbursed

Dec 1, 2020

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $10.94

Credit risk payment: $14.20

Optional expediting fee: $10.94

Lenders

BelleStarr

Albuquerque, United States

MO

Mark Owens

United States

CN

Craig Newmark

United States

C

Camm

Australia

Black and White Zebra

Vancouver, Canada

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