Organic fertilizer to increase crop yields

Namakau Mbewe

Chingola, Zambia

100% repaid

Entrepreneur

Name

Namakau Mbewe

Member since

February 2021

On-time repayments

5 installments  •  20%

About Me

My name is Namakau Mbewe and am 30 years of age .I grow with grand mother and I completed my high school. My grandmother was a farmer and she inspired me to become a farmer. Currently am involved in farming business and I want lobby for some financial support to buy some farming inputs.

My Business

Am involved in cultivating and planting maize, soya beans ,groundnuts and vegetables. When the crops are ripe I sell them to earn an income and in addition to that I also earn good profits. I choose this type of business because I make a lot of money after supply the maize and soya beans. The profits I make I use it to buy to farming inputs because they are key to this nature of this business am which am doing.

Loan Proposal

With loan am applying for I want to buy weed killer and organic fertilizer which will help me to cultivate the land in good time and apply organic fertilizer on crops to grow very well. This will motivate me to produce more crops for sale.

Income Source

I have several sources of income and am working and I earn some money, my business is also doing well to help me repay the loan time .I also sell village chicken of which I will use some income to repay the loan without defaulting.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.19

Date disbursed

Feb 26, 2021

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $2.13

Credit risk payment: $5.56

Optional expediting fee: $6.39

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