Name
Amindin
Member since
January 2016
On-time repayments
168 installments • 41%
Life in my village was never easy at all because they were just peasant farmers,only 5% were educated.just a few knew the importance of education.though my father is not educated but he was able to finance my primary education, then I had to also struggle from there along side with farming. In 2000 I completed my primary education and proceeded to Junior high and completed 2004,from there I qualified to further in senior high and completed 2007.Life was not easy in terms of paying feed and what to eat,but by his grace I managed to further to tertiary and completed in 2014.where I live now about 70% are farmers and mostly Christian. I like swimming and reading story books. My child want to be a doctor
Farming is my business, I farm pepper, maize and yam,this business is wealth because every eat and for that matter people like maize, pepper, yam,so the demand is high.I really like farming because the goods are highly in demand and there is profit in it.you will never loose in farming. The cost depend on how large or small you want it to be,my cost is about 600 to 1000$ on one particular farm.what ever I spent my interest is 100% or even more especially the pepper.I use the profit to pay my accomodation, and home utility bills.the remaining profit is use to continue the business
I will use the loan to boost my farming buying fertilizer will definitely give me good yield, once I have enough of my products,my custom will be very happy because some times there is always shortage. This will also increase my profit more than before.A bag of fertilizer(50kg) is 30$.I will benefit a lot because my interest will be more than 100% plus which will earn me more to take care of my family
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$101.00
Date disbursed
Sep 13, 2016
Repayment status
On Time
Projected term
7 weeks
Other loans
Amount repaid
$101.14
Amount remaining
$0.00
Date repaid
Nov 6, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 25, 2016 | $15.44 | Sep 24, 2016 | $15.44 |
Oct 2, 2016 | $15.44 | Oct 1, 2016 | $15.44 |
Oct 9, 2016 | $15.44 | Oct 9, 2016 | $15.44 |
Oct 16, 2016 | $15.44 | Oct 16, 2016 | $15.44 |
Oct 23, 2016 | $15.44 | Oct 23, 2016 | $15.44 |
Oct 30, 2016 | $15.44 | Oct 29, 2016 | $15.44 |
Nov 6, 2016 | $8.49 | Nov 6, 2016 | $8.49 |
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