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
My business is an important part of food supply in the community and we employ people in the local community. I will use this loan to expand my business and grow more vegetables and diversify into other types of cash crops to ensure we stay open for business.
Income Source
My business supports many families in the community so we are vital in supporting both suppliers and customers. We are an essential service and so.we have not been affected by the current economic crisis.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$131.00
Date disbursed
Aug 25, 2020
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Canada
Denmark
United Kingdom
United States
Summary
Amount repaid
$131.21
Amount remaining
$0.00
Date repaid
Oct 17, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 3, 2020 | $0.00 | ||
| Sep 10, 2020 | $1.41 | Sep 19, 2020 | $1.41 |
| Sep 17, 2020 | $1.41 | Sep 19, 2020 | $1.41 |
| Sep 24, 2020 | $1.41 | Sep 19, 2020 | $0.11 |
| Oct 1, 2020 | $1.31 | ||
| Oct 1, 2020 | $1.41 | Oct 1, 2020 | $1.41 |
| Oct 8, 2020 | $1.41 | Oct 1, 2020 | $0.27 |
| Oct 10, 2020 | $1.14 | ||
| Oct 15, 2020 | $124.14 | Oct 10, 2020 | $0.05 |
| Oct 17, 2020 | $124.08 | ||
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