Purchase of farming equipment for land utilization

Actor

Central Province, Zambia

100% repaid

Entrepreneur

Name

Actor

Member since

February 2021

On-time repayments

4 installments  •  75%

About Me

My name is Mr Actor Chibinda a Zambian Citzen by Nationality. Am married with 7 children. Am former civil servant and got retired years. Am now farming at my farm where am in full time farming business. When I heard of Zidisha online from my Niece I became interested to apply for the loan.

My Business

Am a full time farmer and I grow different types of crops at my farm. The land is just too big am lacking farming equipment's utilize the land for farming and produce many crop for sale. Hence I grow maize, soya bean, sunflower, wheat, bananas, Avocado, groundnuts, sugar cane, beans and as well as fish farming .All these are a major sources of my income but am lacking finances to buy farming equipment's and inputs. Should Zidisha help I will buy the equipment's and realize my dreams once again

Loan Proposal

Am here lenders to apply for this to help me buy the following farming equipment and there are;
1. 3 ploughs
2. A tractor
3. Drip pipes
4. Water Tank
The above are the major equipment to help me to Utilize the farming land which I have am currently not using due to lack of equipment to farm the all land .

Income Source

Risks are many going by what is opening in the world today, we very much un certain to what is happening what is exactly is causing this economic degradation today in the world. My concentration is on my farm project were Grow more crop for home consumption and for sale. I generate my income from the selling of my crop and livestock at the farm to help me to repay the loan back on time.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Feb 6, 2021

Repayment status

On Time

Projected term

2 weeks

Lenders

dlpringle

Denver, United States

TomF925

www.AfricaLeap.com, United States

Babbitt Family Foundation

Reno, United States

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