21 weekly installments • 52%
My name is Samson Chatilo am a farmer .Am a Zambia by nationality I grew up in the remote area of Central Province and to be specific Mumbwa District. From there the only Business I do is farming. I heard of Zidisha loans from my niece and I got interested to apply for the loan to help buy farming inputs.
Farming is the main source of income and survival, I grow maize , vegetable, sweet potatoes, cassava and groundnuts. Maize crop is the one I grow on a large scare because I sale it to Milling Companies and the profits is very awesome.
Am requesting for this loan once again to buy farming crop inputs such as organic fertilizer, pesticides and grower booster, I want to use it to in maize and vegetable crop fields to make the soil very fertile. This way I will have a good yield and therefore realize a good profit. I supply this maize to milling companies at 12.5 moisture content and this allows milling companies to buy and pay me in good time.
Apart from growing maize as main crop, I also sale vegetables on a weekly basis. My vegetable Garden is big and I grow a variety for sale. Therefore the income from the sale of these vegetables I will save to repay toward my loan.
Jun 21, 2021: Zidisha financial support
Jun 24, 2021
Cost to entrepreneur
Service fee: 5% of $351.13 = $24.56
Credit risk payment: $147.65
Sep 4, 2021
|Expected Payments||Actual Payments|
|Jul 3, 2021||$9.98||Jul 4, 2021||$9.98|
|Jul 10, 2021||$9.98|
|Jul 17, 2021||$9.98|
|Jul 24, 2021||$9.98|
|Jul 31, 2021||$9.98|
|Aug 7, 2021||$87.79|
|Aug 14, 2021||$87.79|
|Aug 21, 2021||$87.79|
|Aug 28, 2021||$23.59|
|Sep 4, 2021||$14.25|