Entrepreneur
Name
Abel
Member since
February 2016
On-time repayments
36 installments • 75%
About Me
My anmes are Abel Pamba,I amthe first born in a family of six children ,I went to musingu primary school and passed well my primary school exams ,then went to makhokha secondary school.
After completing secondary school my dad passed on before I could join college.life become very hard ,I traveled to city to look for a job but did not get any,due to lack of qualification ,I then went to back to the village where I started farming,since I had no capital to start,I started small ,by planting kales in 1/4 an acre,my horticulture farm has since expanded to 3/4 acres.
I am a soccer fun and during free time I always meet my friends to socialize ,play soccer and watch soccer.
My Business
I provide vegetables to my customers, I provide vegetables such as kales,cabbages,spinach and tomatoes.
the demand for the produce is high due to scarcity occasioned by youths shunning agriculture,leaving it for the old.
I choose these business because it was very profitable and required less capital to start,
my monthly typical costs per $100 per month and my monthly revenues are $300 per monthly.I use my profits to save for college fees ,reinvestment and paying fees for my siblings.
Loan Proposal
Dear sir /madam,I am please to please ask for a loan of $380 to help me buy a water tank that i would use to harvest rain water to help me irrigate my farm during dry season. I expect the tank to serve me for drought season and help me maximize profits. my income will increase tremendously with these new venture.thank you in advance,God bless you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$384.00
Date disbursed
Sep 14, 2016
Repayment status
Late
Projected term
64 months
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