Water tanks for agriculture

Magret

Lusaka, Zambia

5% repaid

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Entrepreneur

Name

Magret

Member since

December 2020

On-time repayments

33 installments  •  36%

About Me

My name is Magret Phiri I am a 30 year old female who resides in Lusaka Zambia shantumbu chalala. I have a husband and 5 children whom I support entirely. I have a small farm that I started about 5 years ago when I first acquired some personal land of my own. I am a small scale commercial farmer, for 5 years I haven't been in any formal employment but my crops have been able to sustain my household together with paying of school fees of all of my 5 children.

My Business

I am a small scale farmer. I grow various crops which include vegetables and maize which I sale to marketers and also for home consumption. My business has been sustaining my family for 5 years now and I am happy to say that it has been sustaining my household financially.

Loan Proposal

Right now as farmers we are preparing for the second quarter of the year as the rainfall will come to an end very soon we are trying to be more economical with water and irrigation. That's why with this loan I would like to purchase and agricultural storage tank in order to store water like a reservoir for the crops to survive the rest of the year to come. Irrigation is expensive as it uses up alot of electricity . With the money I have saved up from profits and the loan I am applying for I would like to purchase an agricultural water tank.

Income Source

Businesses do face risks, but because of the fruitful harvest I have had the first quarter of the year i am sure i am going to have a fruitful year. I yielded a great source of profits so wth no doubt I will be able to pay back this loan with ease

My Videos

Feb 4, 2021: My lovely farm

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$374.00

Date disbursed

Mar 7, 2021

Repayment status

Late

Projected term

4 months

Other loans

Dec 2020:  $10

Jan 2021:  $16

Jan 2021:  $25

Jan 2021:  $41

Jan 2021:  $66

Jan 2021:  $106

Jan 2021:  $169

Feb 2021:  $267

Lenders

Anna Hoad

Toronto, Canada

Ask Magret a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Ketty    Aug 5, 2021

    Dear lenders,

    Magret plans to repay her loan next week. Thank you.

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  • Magret    Jun 23, 2021

    Unfortunately I had to divert all my profits to school fees for my siblings as we had a funeral my grandfather passed away

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    • Anya    Jun 30, 2021

      I'm so sad to hear about your grandfather. I hope you and your family are doing okay.

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  • Magret    Jun 15, 2021

    I had some personal problems with regards to the farm

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  • Ketty    May 29, 2021

    Dear lenders,

    I have spoken with Magret and she explained that business was slow last week. Magret plans to make a repayment towards her loan soon. Thank you.

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  • Magret    May 26, 2021

    Business hasnt been going well as my irrigation system the pipes were rusted

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  • Magret    Apr 27, 2021

    Business has been really difficult as I left the farm due to an illness. So I found that most of the crops that I harvested had withered. Making me a very huge loss. But I will definitely make a payment this week .

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  • Ketty    Apr 24, 2021

    Dear lenders,

    I spoke with Magret and she plans to make a repayment towards her loan next week. Thank you.

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  • Anya    Apr 11, 2021

    Hope you are feeling okay after the hospital, Magret! Wishing you the best!

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  • Ketty    Apr 9, 2021

    Dear lenders,

    I spoke with Magret and she explained that she plans to make a repayment towards her loan soon. Thank you.

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  • Magret    Apr 8, 2021

    I have not been able to make any sales at the farm as I have been critically Ill. I was hospitalized for 4 weeks I only got discharged today. Sorry for the delay

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  • Magret    Mar 7, 2021

    Dear lenders, I recieved a sum of 6,352ZMW i am more than grateful for your prompt disbursement and kindness..with this loan i will be able to purchase an agricultural tank with some of the money I saved up. Thank you for being soo kind

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  • Magret    Mar 7, 2021

    I am in awe . Thank you soo much for entrusting me once again with loaning me money for my farm and produce.i will not disappoint you .

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  • Anna Hoad    Mar 7, 2021

    Your maize looks wonderful. Keep up the hard work. Hope the weather is good for your crops.
    Anna and Martha

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    • Magret    Mar 7, 2021

      Thank you soo much Ma'am.i will continue striving to grow my farm in the best of my abilities. Thank you for your generosity.

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  • Magret    Mar 7, 2021

    Good day dear lenders. I cannot Express enough gratitude on what this platform has done for me and my farm. Looking back at the months I didnt know I would have a fruitful harvest because of the pandemic ,I was able to get more bags of manure and fertilizer with the previous loan,I am currently clearing out all the maize that has grown so that we can fertilise the land and get it ready for the plantation of potatoes and fruits for the second quarter of the year.

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  • Magret    Feb 13, 2021

    Good day dear lenders. I recieved a k3930 thank you soo much for being of assistance to my farm business

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  • Magret    Feb 6, 2021

    Thank you soo much dear lenders for entrusting me. I will continue to keep you updated

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  • SM

    Sandra Manzo    Feb 5, 2021

    I love to see other women succeeding in agriculture. Best of luck to you and please keep us updated on your progress.

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    • Magret    Feb 6, 2021

      Thank you soo much Ma'am. Unfortunately due to some technical errors I assume my loan application seems to have expired.but I will continue to update you with my progress. Thank you

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  • L

    Lynn    Feb 4, 2021

    Good luck with your business!

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  • Magret    Feb 4, 2021

    Good day dear lenders. With the loan I just paid back I was able to buy fruit seedlings just like I had indicated in the application. Thank you soo much for your generosity

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  • M

    Mia    Feb 3, 2021

    Magret, the picture of you and your crop is beautiful! Thank you for the updates and best of luck!

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