Venturing into farming business
Grace
Ndola, Zambia
$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
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Mar 12, 2021
Repayment status
Late
Projected term
7 weeks
Other loans
Ask Grace a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.