Water pump for my vegetable field

Billy Bwantu

Siavonga, Zambia

100% repaid

Entrepreneur

Name

Billy Bwantu

Location

Siavonga, Zambia

On-time repayments

44 weekly installments  •  48%

About Me

My name is Billy Bwantu. I live in Siavonga town. I am married with four children.

I run a shop where I sell various types of agricultural products, such as fertilizers and Seeds.

I started this business because I am a farmer and I understand what farmers want to get better crop yields.

I advise farmers on seed varieties, types of fertilizers to apply and what types of herbicides to apply to crops.

My Business

I am a farmer and I also run a shop selling agricultural products.

I sell seeds, fertilizers, herbicides and sprayers. I also sell some of the crops which I grow at my farm, such as tomatoes and cabbages.

I started small, with a small vegetable garden and a water pump, which I bought using a loan I received from the community.

Thanks to the lenders I have now managed to open an agricultural shop.

Loan Proposal

I plan to use the money to purchase a new water pump to water my vegetable field.

I already own a second hand 1.5 HP water pump that i have used for other 5 years. This pump has helped to grow my business, but it keeps breaking down and i have to fix it.

The pump also consumes to much petrol and oil. This time i plan to purchase a 3HP diesel pump.

Income Source

My business is growing steadily and i have a loyal customer base, especially among the women vegetable traders and shop owners.

My Videos

Feb 15, 2021: Purchase fertilizers and seeds for my shop

Feedback

2

None

None

  • Chris Coulson    Oct 4, 2020

    Billy sends pictures of what he's doing so you can actually see the difference you're making by lending him money.

    Log in to reply • Share
  • Sina and Jonas Miederer    Oct 4, 2020

    Billy is a very transparent person and even sent us some pictures of the stuff he bought and how they installed it.

    Thanks, Billy, for the chance to support you and your business!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$567.13

Date disbursed

Oct 7, 2020

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Service fee: $37.22

Credit risk payment: $44.66

Lenders

PaulE

Cockeysville, MD, United States

T

tophini

Alma, United States

John Minges

United States

Vratik Krocik

Prague, Czech Republic

A

Aleks

United States

SR

Sean Rodgers

Wellington, New Zealand

Sayuri

United Kingdom

M

Maria

Germany

DK

Daniel Kalla

Saint Paul, United States

A

Anonymous

Netherlands

CC

Chris Coulson

United Kingdom

KM

Kirk Moore

Cerdanyola del Vallès, Spain

Edwin Torres

Santa Ana, Calif., United States

Aneta

Austria

Ask Billy a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...