Name
Nicholas
Member since
December 2020
On-time repayments
1 installment • 100%
My names are Nicholas Mwandwe and I am a trader in farming products especially pineapples. i was born in 1999 and went to school in mwinilunga.I come from a family of 6 and am the 5th born. My mother before she passed used to take her to my village quite often so when i grew i saw that to be a business opportunity.
Food is the most important commodity for mankind and that is the reason why i chose to venture into this business. My business is mainly buying and selling pineapples. My home village is north western province where both my parents come from. I buy from local farmers there then i transport the pineapples
I want to get this loan so that i can increase my business earnings. I buy pineapples in bulk and sell at retail price to people at the markets. I sell in various locations. So when i get this loan I will top up on the capital i already have. I buy each pineapple at K3 and sell at K7. The profit i make i save for college fees, i buy food and i will use to repay my loan every week.
From the business I do I save some money after I make profit. I also produce music for upcoming musians based in mwinilunga in the rural areas and they pay me. I cannot fail to repay even in times of economic challenges.
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Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Dec 23, 2020
Repayment status
On Time
Projected term
1 week
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