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
Positive
3
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$374.00
Date disbursed
Mar 7, 2021
Repayment status
Late
Projected term
4 months
Other loans
Lenders
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Summary
Amount repaid
$20.33
Amount remaining
$354.16
Expected completion
Aug 3, 2021
Status
Repaying late
Installment amount
$10.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 16, 2021 | $0.00 | ||
| Mar 23, 2021 | $0.00 | ||
| Mar 30, 2021 | $0.00 | ||
| Apr 6, 2021 | $8.54 | Apr 14, 2021 | $3.68 |
| Apr 19, 2021 | $4.86 | ||
| Apr 13, 2021 | $0.00 | ||
| Apr 20, 2021 | $10.00 | May 8, 2021 | $2.36 |
| Jun 15, 2021 | $7.64 | ||
| Apr 27, 2021 | $10.00 | Jun 15, 2021 | $1.79 |
| May 4, 2021 | $10.00 | ||
| May 11, 2021 | $10.00 | ||
| May 18, 2021 | $93.62 | ||
| May 25, 2021 | $10.00 | ||
| Jun 1, 2021 | $10.00 | ||
| Jun 8, 2021 | $10.38 | ||
| Jun 15, 2021 | $10.38 | ||
| Jun 22, 2021 | $10.38 | ||
| Jun 29, 2021 | $10.38 | ||
| Jul 6, 2021 | $10.38 | ||
| Jul 13, 2021 | $10.38 | ||
| Jul 20, 2021 | $10.38 | ||
| Jul 27, 2021 | $93.62 | ||
| Aug 3, 2021 | $46.08 | ||
Jason E Jun 18, 2021
Olly Ishmael Apr 29, 2021
Anya Jan 12, 2021
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