Loan to buy a plough and fertizer

Godfridah

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Godfridah

Member since

August 2017

On-time repayments

73 installments  •  10%

About Me

My name is Godfridah Kabamba a young lady in the family of 3 girls and 2 boys.I went to Mansa Trades of Education.i trained as teacher and i have business studies.i managed to over come hardship through farming of cassava and groundnuts at the farm my Father gave the portion land.I did thrive to cultivate the land and managed to harvest cassava and groundnuts which has helped me go to school and sustain me as all.I started farming business of growing cassava and groundnuts because my mother and father use grow alot of cassava and make alot money.i got the insoiration of from them and asked my father to give me a portion.

My Business

I grow cassava and groundnuts which i sale to marketeets,groundnuts is very much on demand because most people use it top manufacture peanut butter and cooking oil.i choose this type of business because it is profitable and sustainable.i generate income and it is the business that has helped me to go to school.hence i need extra funds to help me cultivate other piece of land so that i can grow more cassava and groundnuts.Therefore i also need to buy farming inputs to make farming easy for and my helpers at the farm.

Loan Proposal

i need USD 70 to help me buy a plough and bags of fertilizer, my farm block has been increased to 5 to 10 hectares of land, which needs reinforcement to help out cultivate the land properly.This will help me grow more maize crop between now and January when rainfall pattern will be increased.Once i buy a plough and fertizers my farming work will be made easy and sured of a bamper harvest will be converted into profits when the crops are sold.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$37.00

Date disbursed

Oct 2, 2017

Repayment status

On Time

Projected term

14 months

Lenders

Bjørn

Norway

Darren Jeppson

Denver, Colorado, United States

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