Name
Fred
Member since
December 2015
On-time repayments
73 installments • 92%
I want all my children to learn and finish school, even up to college. Because if they learn up to college, they will help themselves and maybe even me if I will be living at that time. In addition to this, as they are going to finish school, they are going to help their children. So, it will be easier for them to live better.
I sell vegetables and fruits from my garden. I want to sell these vegetables because they have good demand because they are used for keeping the body healthy. I have chosen this business of gardening because I will get a good profit from gardening.
Prices are variable, but for example, 25 g of cabbage seeds can cost 200 or more kwacha. I might use 1 bag of fertilizer for one season for the garden. Now, one bag of fertilizer costs 380 kwacha. I might use 2 bottles of pesticides for this season. At the moment, one bottle costs 40 kwacha. After harvesting, I might get 2.500 kwacha.
I use some of the money to send children to school and some money to continue the business of my garden.
I will use the money to buy seeds, fertilizer, and pesticides for my garden. I want to buy cabbage and Chinese cabbage seeds, cantaloupe seeds, and cauliflower seeds. I also will buy one 50 kg bag of fertilizer and insecticides and possibly fungicides if they are necessary.
Prices -
cabbage 200 kwacha or 18.26 USD
cantaloupe - 13 kwacha or 1.18 USD
cauliflower - 30 kwacha or 2.74 USD
fertilizer - 350 kwacha or 31.96 USD
insecticide - 20 kwacha or 1.83 USD
fungicide - 20 kwacha or 1.83 USD
Chinese cabbage - 40 kwacha or 3.65 USD
I will use profit from this to pay for my children to go to basic school, secondary school, and college.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$93.00
Date disbursed
Jan 4, 2016
Repayment status
On Time
Projected term
17 months
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