2 weekly installments • 50%
My name is Humhrey Nkhowani and I come from a family of five childen. I am married and I have 2 children. Both my parents were peasant farmers and I was raised at a farm that's how my interest and passion grew so much.
I was given a portion of land on my father's farm. I started with planting vegs then later I started adding onions, green paper, maize etc I have market for my produce I have customers who come to buy even direct at the farm.
I have started harvesting and selling maize at nearby markets. I need a loan for me to pay for transport so that I deliver the maize to different markets. I am so sure that the more I sell the more profit I am going to make and reinvest in my farming business. So this loan will help me a lot.
I know many business face risks with current economic climate , from the vegetables I supply each week I will be able to repay my loan.
Feb 16, 2021
Cost of loan
Service fee: 5% of $94.22 = $4.62
Credit risk payment: $13.96
Optional expediting fee: $9.29