Purchase of 8 bags of fertilizer

Muswangeli Tongo Chibaba

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Muswangeli Tongo Chibaba

Member since

July 2020

On-time repayments

35 installments  •  69%

About Me

My name is Muswangeli Tongo Chibaba and the first born from the family of 4.My mother being Mr and Mrs Francis Chibaba.My education back ground, i went to Nyenyenzi Primary school and later i was selected to grade 8 at David Kaunda Secondary School.When i completed school my uncle employed me to work at his Farm.From there i was able to learn farming and how to do farming business.My uncle taught me business at his farm.

My Business

I grow tomatoes, cabbages, Onions and sweet potatoes and also i ran bottle store were my generate my sources of my income.The goods are highly on demand by marketeers and they sell faster and i make quick money, the income i make i use it to pay school fees, reinvest and home improvement.

Loan Proposal

Am applying for this loan to buy 8 bags of compound D, for winter maize, this will help me cultivate the 10 hectares of land for winter.However it will benefit and my customers that sell roasted and cooked maize.

Income Source

I also ran a grocery shop currently it is doing fine and i generate daily sales, the shop compliments the farming business, therefore i will repay this loan in the coming week.

My Videos

Jan 22, 2021: Muswangeli's maize field & vegetables

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$24.53

Date disbursed

Aug 10, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.66

Credit risk payment: $1.36

Lenders

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