14 installments • 29%
I am a small scale, horticultural farmer based in Lusaka. I have been farming for 5 years. I am currently farming on one acre with the aim of increasing my acreage under my next crop.
I sell fresh produce to supermarkets and marketers in and around Lusaka on a weekly basis. We are also starting to trade commodities across the country.
I will buy fixed assets for my business which will increase and improve my capacity for more sales. Packing in boxes are an integral part of the marketing of tomato in Zambia, which is what the loan will be used for.
Tomato is an inelastic food commodity for many Zambian households. I will be selling the commodity on a weekly basis at the biggest market in the country (Soweto) where sales are guaranteed.
Jan 15, 2021
Cost to entrepreneur
Service fee: $1.54
Credit risk payment: $4.61