Entrepreneur
Name
Mbilima
Member since
December 2020
On-time repayments
19 installments • 47%
About Me
My fullname is Mbilima Sebete I was born in 1997 and I come from a family of 2 boys 1 girl. I am married and I do my own business. I grow tomatoes and I also supply rice in schools especially to teachers. I did my primary education in Lusaka and later completed my secondary education in kitwe. I could not go to college because of lack of support. when I have chance and save enough money I will still want to go to college. I am married and I have one child a boy who wants to become a medical doctor.
My Business
I grow and sell tomatoes. Apart from that I sell rice. From my farming business I make some good money because I do it under an outgrower scheme where Amiran Zambia give us a lot of support. I have a 1 hectare farm and my tomatoes grow so well. Once I am stable financially I plant to buy a bigger portion of land and grow lots of tomatoes. Tomatoe is used in every home so its high on demand and that's why I chose this business. My typical costs are seeds and fertilisers and also labour. But once I harvest I make some profit which I use to feed my family and pay house rent.
Loan Proposal
I thank all my lenders for my previous loan I am a farmer and I mainly plant tomatoes. Now during this covid19 period a lot people in my country Zambia are also using herbs for prevention of covid19 and one of the plants being used is ginger. I want to plant ginger on a 50m X 50m land so that am able to sell to my customers. I am confident customers will buy and I will make a profit.. And i thank you even before i receive the loan.
Income Source
If i get this loan i will manage to repay it without so much problem because people must eat everyday . Therefore my business will remain stable i will be able to sell and make profit and repay my loan.Even when there has been covid19 i have still been receiving orders for tomatoes.I have also continued receiving orders for my rice which i sell to teachers. So with this in place i cant fail to repay my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$152.00
Date disbursed
Jan 18, 2021
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
Denmark
Taiwan
Ames, Iowa, United States
Summary
Amount repaid
$152.24
Amount remaining
$0.00
Date repaid
Feb 17, 2021
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 30, 2021 | $25.41 | Feb 3, 2021 | $25.41 |
| Feb 6, 2021 | $25.41 | Feb 11, 2021 | $25.41 |
| Feb 13, 2021 | $25.41 | Feb 17, 2021 | $25.41 |
| Feb 20, 2021 | $25.41 | Feb 17, 2021 | $25.41 |
| Feb 27, 2021 | $25.41 | Feb 17, 2021 | $25.41 |
| Mar 6, 2021 | $25.17 | Feb 17, 2021 | $25.17 |
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