34 weekly installments • 35%
My name is Richard Simalundu. I manage a farm and a Mobile Money Shop.
I live in Chongwe farming area, in Lusaka East.
I was born in 1997 and I am a father of two children. One boy and one girl. My wife's name is Elizabeth and she is a nurse.
I am a farmer and I also run a shop where I sell mobile units and phones.
Other services which I provide in the shop includes, mobile money services to the residents of my area.
I plan to use the loan to purchase bags of fertilizer for my vegetable garden. I have already bought the seeds and prepared the field and I plan to plant a variety of seeds, such as, cucumbers, carrots and green peppers, which are not available in many shops in our area.
My farm is doing well and thanks to the wonderful Zidisha team and my kind lenders, I managed to sell all my produce.
I will use the sales of my vegetables to repay my loan. Thank you.
Feb 13, 2021: Purchase mobile units and phones
Jun 2, 2021
Cost to entrepreneur
Service fee: 5% of $708.30 = $49.62
Credit risk payment: $248.23