Vegetable farming

Mhlangeni

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mhlangeni

Member since

March 2020

On-time repayments

16 installments  •  88%

About Me

My name is Mhlangeni and I am a farmer. I grow crops and sell them at the nearby farmers market to raise money to expand my business. My dream is to one day be a large scale commercial farmer who empowers the local community.

My Business

I grow vegetables on the farm like tomatoes and green beans. Once our harvest is ripe, we transport it to the market to sell with the goal of expanding our business to supply retail shops and supermarkets and this is why I intend on diversifying our crop variety to include crops that can be sold at scale.

Loan Proposal

The loan will be used to further expand my vegetable garden as the previous loan did. However, i'm still unable to meet demand as our product 'Okra' is affordable and used to make a local delight called 'delele'. I want to ensure that I expand to another area on my farm and i'm asking the opportunity to do so.

Income Source

The previous loan disbursed was used to expand my vegetable garden as I managed to grow Okra which is used to make a local delight called 'delele'. The product is affordable and is on high demand and the expansion of has allowed us to increase our market and generate more revenue.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$136.00

Date disbursed

Jul 13, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

D

Divergent

Bethesda, United States

A

AndrewC

London, United Kingdom

WE

Wendy Emlyn

Devon, United Kingdom

Donald Major

United States

GB

Gernot Barnreiter

Vienna, Austria, Austria

Babbitt Family Foundation

Reno, United States

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Summary

Amount repaid

$136.88

Amount remaining

$0.00

Date repaid

Jul 31, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 26, 2020 $34.24 Jul 31, 2020 $34.24
Aug 2, 2020 $34.24 Jul 31, 2020 $34.24
Aug 9, 2020 $34.24 Jul 31, 2020 $34.24
Aug 16, 2020 $34.16 Jul 31, 2020 $34.16

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