To order new stock of agricultural inputs to sell

Peter

Luanshya, Zambia

100% repaid

Entrepreneur

Name

Peter

Member since

December 2020

On-time repayments

14 installments  •  57%

About Me

My name is Peter Kunda born on 22nd October 1991. I am an Agriculture extension officer by profession and I do part consultancy for a lot of farmers. At the same time I do order agriculture inputs form reknowned farming organisations and resell them through my cousins Agro-shop. I am married and I have 1 kid a girl who is 5 years old.

My Business

I decided to go into consultancy and selling of agriculture inputs when I saw demand for information by farmers. So I do consultancy via emails, phones and sometimes i go to field to hold demonstration classes. I make some money out of this especially when I am required to travel out of town. The profits I make I am saving for my daughter so that she has a bright education and future.

Loan Proposal

I am applying for a loan amount 2,265 ZMW which i have planned to order new stock of agriculture inputs for sale. I am an Agriculture extension officer but I also buy and resale agriculture inputs in my cousins shop. So I am applying for this amount stated above to buy new stock. This time around alot of farmers are planting and so the inputs are on high demand. The profit I will make from this business I will repay the loan and also reinvest some more money in the business. God bless you.

Income Source

I am an Agriculture extension officer I have a salary at the end of the month so I can use my salary should my business face any risks.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$109.00

Date disbursed

Dec 28, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

H

hilde

seattle, United States

F

Frank

Netherlands

B

Berend

Netherlands

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