Name
Mhlangeni
Member since
March 2020
On-time repayments
16 installments • 88%
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.
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.
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.
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.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$136.00
Date disbursed
Jul 13, 2020
Repayment status
On Time
Projected term
4 weeks
Other loans
Amount repaid
$136.88
Amount remaining
$0.00
Date repaid
Jul 31, 2020
Status
Fully repaid
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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