Purchase groundnuts seeds

Mary Nalukui

Lusaka, Zambia

1% repaid

Entrepreneur

Name

Mary Nalukui

Location

Lusaka, Zambia

On-time repayments

23 weekly installments  •  22%

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

My plan is to use the loan to purchase groundnuts seeds which I plan to plant on a 5 acre plot which I have prepared.

The groundnuts are the second batch which I will plant this year. I plan to sell the groundnuts to a local company which makes baby porridge and peanut butter.

Income Source

I have already secured the contract to sell my groundnuts to a local groundnut company and this will make it possible for me to repay my loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$263.67

Date disbursed

Jan 22, 2021

Repayment status

Late

Projected term

4 months

Cost to entrepreneur

Service fee: 5% of $263.67 = $17.30

Credit risk payment: $62.34

Optional expediting fee: $34.61

Lenders

Charmonica

London, United Kingdom

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rcmssr

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Sundstroms

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ads68

Melbourne, Australia

Christopher

Copenhagen, Denmark

P

Peksa

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Bobrm2k3

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JTShorty

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numbat

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Zal0m0n

Atlantis!!!! x), Mauritania

ibc123

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sderickson

Berkeley, CA, United States

B

bugdaniel

Switzerland

mepster

San Francisco, Ca, United States

B

bscent

Hong Kong

Dave Bogard

New York, United States

MW

Matt Willis

United States

Kevin

San Francisco, United States

AF

Alysn Ford

United States

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cota

United States

TH

tom hd

United Kingdom

AH

ajay hampapur

United States

I

isaac

United Kingdom

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Sinan Taifour

Munich, Germany, Germany

L

Lucy

Australia

Heather

Taree, NSW, Australia

Mike

Indianapolis, United States

B

BRB

Australia

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Anonymous

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Ryan Agnew

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RE

Robin EJ Spelbrink

Westerbroek, Netherlands

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Camm

Australia

TN

Todd Naylor

United States

Rosella

Australia

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Melissa

United States

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Ru

New York, United States

G

Gustavo

Bergamo, Italy

B

Byron

Australia

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Barbra

United States

Greg

Yokohama, Japan

KW

Kevin Wilson

United States

M

Micheverett72

Knoxville, United States

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