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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$34.00
Date disbursed
Feb 6, 2021
Repayment status
On Time
Projected term
2 weeks
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