Watering cans and insecticides for my farm nursery

Joseph Mbulo

Chingola, Zambia

100% repaid

Entrepreneur

Name

Joseph Mbulo

Location

Chingola, Zambia

On-time repayments

6 weekly installments  •  100%

About Me

I am Joseph Mbulo born in 1992 and am located in chingola, zambia. I am married with one child, a boy. I finished my secondary education and later studied a certificate in agriculture at Don bosco college. I have grown up in chingola in the mine area where my father worked for the mines before he died. When he died and was a divorcee i stayed with my uncle who encouraged me so much to find a business that was stable. he gave me capital to start a grocery shop and i made profit and started renting a small farm. This is how my journey has been.

My Business

My main source of income is my grocery shop and also from the seedlings i sell. I have specialised in seedlings only. From some profit i make from the grocery shop i built a shade, more less like a greenhouse. I plant a variety of seedlings which i sell to many customers and my seedlings are on demand.

Loan Proposal

Dear lenders i rent a farm and i have specialised in producing seedlings. . I have a lot of seedlings right now which are coming up so well. I want to be watering my plants on a regular basis. However I need a set of watering cans which I can be using together with my helpers. This will improve my production and my earnings will increase.

Income Source

Repaying my loan wont be hard for me. As an entrepreneur you plan ahead, so i do save some money from every little earning i make so i cant fail to repay when economy is hard.

Feedback

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Lenders

Los Wade

United States

Freewolf

Salt Lake City,  United States

John Barnett

United States

MrMichigander

Marquette,  United States

johnandmoliehi

Canton, New York,  United States

JC

JD Conley

United States

JF

J Fister

United States

MS

Mark S Yourek

United States

ML

Monty Lewis

United Kingdom

C

cota

United States

PT

Paul T

Amsterdam,  Netherlands

PG

Paul Graham

United States

BA

Burf and Patsy

St. John's,  Canada

TN

Toby Nelson

United States

T

Timo

Germany

B

Berend

Netherlands

Show all

Loan Info

Disbursed amount

$175.47

Date disbursed

Jan 27, 2021

Repayment status

On Time

Projected term

6 weeks

Cost of loan

Service fee: 5% of $175.47 = $8.54

Credit risk payment: $27.36

Optional expediting fee: $17.07

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