10 weekly installments • 10%
My name is Magret Namungwe. I live in Kafue with my family. I am married with two children, a boy and a girl.
My husband is a businessman and I do farming on our smallholding where we have planted different types of vegetables.
My business is vegetable gardening. I enjoy gardening my vegetables so much that I weed and tender them every day!
I have planted okra, carrots, green beans, green peppers, chillies etc.
I sell these vegetables to the local community school, as well as the clinic and the public.
I plan to use the loan to purchase soya bean seeds to plant at my farm.
My farm has many types of vegetables, however, the soya bean field is doing well and so I plan to expand the field by planting more beans.
I will use the income from my business to repay the loan.
My business is doing well and I am optimistic that the soya beans and other vegetables will grow well and enable me to repay my loan
Feb 23, 2021
Cost to entrepreneur
Service fee: 5% of $34.19 = $2.29
Credit risk payment: $5.98