Maize farming

Samuel

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Samuel

Member since

September 2020

On-time repayments

25 installments  •  68%

About Me

My name is Samuel Lukama. I live in zambia. I grew up at farm with my parents. I learnt a lot of things at the farm such that am making a living out of the things i learnt at the farm.I did my primary and secondary education with my sister. I finished school and wanted to become a medical doctor but my parents couldnt afford. So since my parents became old i started to concentrate at the farm and overcame many challenges. I support my sister in college. One day i will do medicine. My father gave me 5 hectares at the farm and thats how i started my farming business. I am not yet married. My hobby is doing community work.

My Business

My farming business i grow variety of plants at the farm such as maize and beans which i sell at nearby markets. Everyone needs to eat so everything i grow and cultivate has demand. I chose this business because i have so much passion for farming. Usually i put in about ZMW5000 when i plant maize and when i sell i make profit which i buy food at home for my parents and support my sister in college and do save some money.

Loan Proposal

I take this opportunity to thank all my lenders for your support.I am a farmer and I love growing maize, vegetables and onion I have a big market I actually supply a number of marketeers. At the moment am planting maize but there are too many weeds. After i sell at once I make good profit and I buy groceries and also contribute to pay school needs for my young sister in college.

Income Source

Yes business may face risks but for me apart from selling vegetables and onions and beans at the farm I also do part-time training to upcoming farmers especially elderly people here who want to into farming after retiring I help them to have knowledge in farming and they pay for the training I conduct. The other source of income is I belong to a number of network platforms mainly on business where we contribute money per month then share out after 6 months. This one helps me a lot so even if I have a problem with my farms products maybe lack of market I still have something else to rely upon so I cant fail to pay.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Dec 22, 2020

Repayment status

On Time

Projected term

6 weeks

Lenders

CN

Craig Newmark

United States

T

TP

United States

A

Anonymous

United States

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