Purchase farming equipment

Richard

Chongwe, Zambia

100% repaid

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How it Works

Entrepreneur

Name

Richard

Member since

December 2020

On-time repayments

40 installments • 35%

About Me

My name is Richard Simalundu. I manage a farm and a Mobile Money Shop.

I live in Chongwe farming area, in Lusaka East.

I was born in 1997 and I am a father of two children. One boy and one girl. My wife's name is Elizabeth and she is a nurse.

My Business

I am a farmer and I also run a shop where I sell mobile units and phones.

Other services which I provide in the shop includes, mobile money services to the residents of my area.

Loan Proposal

I plan to use the loan to purchase Farming Equipment.

I have already used the previous loans to stock up on different types of farming equipment. Now that my new loan request is larger I would like to purchase an ox plough for use to till my field.

Hopefully, when my loan gets larger I will purchase a tractor and a plough.

Income Source

I sell various types of fruits and vegetables at the farm and so I have a steady income which would enable me to be able to repay the loan without much of a problem.

My Videos

Feb 13, 2021: Purchase mobile units and phones

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LM
Logan Max Jan 21, 2021

Richard paid back his loan over a week before it was due. I would gladly lend to him again.

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- Richard Feb 14, 2021
  
  Hi Logan,
  
  Thank you for your support!
  
  I have repaid my loan in full and I have applied for a new loan.
  
  Please continue to support me in my business. Thank you and stay safe!
  
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