Transport maize to market & buying empty sacks

Duncan Mubanga

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Duncan Mubanga

Location

Lusaka, Zambia

On-time repayments

18 weekly installments  •  44%

About Me

My name is Duncan Mubanga am Zambian by nationality and 42 years old. I completed my high school. After I completed school I was lack I found a job as farm assistance. From there my life started making a difference and bought 5 hectares of land and started farming business while still working as farm assistance.

My Business

I generate my income from the farming business, I sell variety of vegetable such as beans, rape, onions, tomatoes , carrots, soya junk, maize and many more .I choose this type of business because very profitable indeed.

Loan Proposal

For this loan am requesting to buy empty bags of 90kg to start packing maize from the maize field in readiness to find market for sell. It will facilitate me to find transport and transport the maize commodity for sale and earn and an income.

Income Source

In addition to farming of the maize crop, I run a poultry business , with poultry I rear broiler and layer chickens for sale. I will use the money I earn from the chicken to pay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$38.48

Date disbursed

Jun 7, 2021

Repayment status

Late

Projected term

2 weeks

Cost to entrepreneur

Service fee: $2.67

Credit risk payment: $10.75

Lenders

A

Aleks

United States

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