Venturing into farming business

Grace

Ndola, Zambia

Funds disbursed

$0 to go

100% funded of $148 goal

0

days left

Entrepreneur

Name

Grace

Member since

January 2021

On-time repayments

12 installments  •  42%

About Me

My name is Grace Phiri and 33 years of age.Am a Zambian young woman and an enterprenure in Businesses.I have three children and it is from the businesses that I look and care of my family.Am apply for this with aim to seek financial suppor to develop and Improve my business.

My Business

I have MTN outlet I ran mobile money business and sell smartphones and phones accessories.I have been running this business for 2 years and it has been successful so far.Mobile banking is now profitable because more people now deposit and withdraw money using mobile money transactions.Smart phone are highly in demand and they are also profitable.

Loan Proposal

With loan I have applied for I want to venture in farming business, I secured a 3 hectares of land and I want to begin growing vegetables such as cabbages, rape, tomatoes, Onions, green beans and carrots. Farming business is now on the peak and it is profitable. Hence I want the loan to help me buy the needed farming inputs such as fertilizer, weed killer and pesticides.

Income Source

Mobile money business is doing fine and am comfortable repaying my loan in the next coming week. The smart phones and phone accessories are selling well because people today want to use smart phones and those damaged need to repaired, hence I will be using both profits generated to service the loan weekly without issues.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Mar 12, 2021

Repayment status

Late

Projected term

7 weeks

Lenders

Humble Bundle Community

San Francisco, United States

L

Leigh

Australia

E

Ed

Colombia

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